Ameriprise Financial Inc., Minneapolis, added the John Hancock Disciplined Value Mid Cap Fund to the investment options lineup of its 401(k) plan in 2020.
As of Dec. 31, the active domestic midcap value equity fund managed by John Hancock Investment Management and subadvised by Boston Partners Global Investors had $50 million in assets in the plan, according to the company's 11-K filing Thursday with the SEC.
A comparison of this year's and last year's 11-K filings shows the plan removed one collective investment trust employing a similar strategy in 2020.
As of Dec. 31, 2019, the EB U.S. Mid Cap Opportunistic Value Fund CIT had $46 million in assets in the plan, according to the prior 11-K filing. The filing did not provide the name of the manager.
The new 11-K filing did not provide a reason for the change.
As of Dec. 31, the Ameriprise Financial 401(k) Plan had $2.7 billion in assets, according to the new 11-K filing.
Company spokesman John Brine could not be immediately reached for further information.
