Air Products and Chemicals Inc., Allentown, Pa., added the Snyder Small Mid Cap Fund to the investment options lineup of its 401(k) plan.
The company added the active domestic smidcap equity fund managed by Snyder Capital Management during 2022, according to a comparison of its June 22 11-K filing with the SEC and last year's filing.
As of Dec. 31, the Snyder fund had $158 million in assets in the plan, according to the new 11-K filing.
The comparison also shows the company removed three other investment options from the plan lineup during 2022.
Those were the Dodge & Cox Balanced Fund, an asset allocation fund; the FIAM Small Capitalization Core Commingled Fund, an active domestic small-cap equity fund managed by Fidelity Institutional Asset Management; and the Principal MidCap Fund, an active domestic midcap equity fund managed by Principal Asset Management.
As of Dec. 31, 2021, the funds had $137 million, $134 million and $85 million, respectively, in asserts in the plan, according to the prior 11-K filing.
The new 11-K filing did not provide a reason for the changes.
As of Dec. 31, the Air Products and Chemicals Inc. Retirement Savings Plan had $2.4 billion in assets, according to the new 11-K filing.
Company spokesman Brian Malina could not be immediately be reached for further information.
