Noble Energy Inc., Houston, added two new investment options to its 401(k) plan lineup in 2019.
The plan added T. Rowe Price Group's Growth Stock Fund, an active domestic large-cap growth equity fund, and the LSV Small Cap Value Fund, an active domestic small-cap value equity fund managed by LSV Asset Management.
The funds had $39 million and $10 million in assets in the plan, respectively, according to an 11-K filing with the SEC on Thursday.
The plan also removed two options in 2019: the American Funds Growth Fund of America, an active domestic large-cap growth equity fund managed by Capital Group, the Natixis Vaughan Nelson Value Opportunity Fund, an active domestic midcap equity fund managed by Natixis Investment Managers and subadvised by Vaughan Nelson Investment Management.
The funds had $33 million and $9 million in assets in the plan, respectively, as of Dec. 31, 2018, according to the company's prior 11-K filing.
As of Dec. 31, the Noble Energy Inc. 401(k) Plan had $572 million in assets. Also as of that date, the plan had 15 individual mutual fund options, one individual collective trust option, a common stock option and a target-date fund lineup managed by Fidelity Investments.
Company spokeswoman Heather Clayton could not be immediately reached for further information.