AmerisourceBergen Corp., Chesterbrook, Pa., added two equity investment options to its 401(k) plan in 2018, the company disclosed in an 11-K filing with the SEC on Monday.
The plan added the J.P. Morgan Equity Income Fund, an active domestic large-cap value equity fund managed by J.P. Morgan Asset Management. The fund had $30 million in assets in the plan as of Dec. 31, according to the filing.
The plan also added the Virtus KAR Small-Cap Growth Fund, an active domestic small-cap growth equity fund managed by Virtus Investment Advisors and subadvised by Kayne Anderson Rudnick Investment Management. That fund had $6 million in assets in the plan as of Dec. 31, according to the 11-K filing.
During 2018, the plan removed the Invesco Diversified Dividend Fund, an active domestic large-cap value equity fund, which had $37 million in assets in the plan as of Dec. 31, 2017, according to the company's previous 11-K filing.
The plan also removed the Voya SmallCap Opportunities Fund, an active domestic small-cap growth equity fund managed by Voya Investment Management, which had $6 million in assets in the plan as of Dec. 31, 2017, according to the previous 11-K filing.
As of Dec. 31, the AmerisourceBergen Employee Investment Plan had $1.1 billion in assets, according to the new 11-K filing. As of that same date, the plan had 16 investment options, a common stock fund and a target-date fund lineup managed by Fidelity Institutional Asset Management.
Spokeswoman Lauren Moyer could not be immediately reached to provide further information.
