BB&T Corp., Winston-Salem, N.C., added the American Funds EuroPacific Growth Fund to the investment options lineup of its 401(k) plan in 2018, the company disclosed in an 11-K filing with the SEC.
The active international equity fund managed by Capital Group had $133 million in assets in the plan as of Dec. 31, according to the June 28 filing.
Also during 2018, the plan removed the Harbor International Fund, an active international equity fund managed by Harbor Capital Advisors and subadvised by Marathon Asset Management.
As of Dec. 31, 2017, the fund had $155 million in assets in the plan, according to the company's previous 11-K filing.
The reason for the change was not provided.
As of Dec. 31, the BB&T Corp. 401(k) Savings Plan had $4.3 billion in assets, according to the most recent 11-K filing. As of that same date, the plan had 14 investment options, a common stock fund and a target-date fund lineup managed by T. Rowe Price Group.
Officials at BB&T Corp. could not be immediately reached to provide further information.
