Cerner Corp., North Kansas City, Mo., added the Fidelity Small Cap Index Fund to the investment options lineup of its 401(k) plan in 2019.
The passive domestic small-cap equity fund managed by Fidelity Investments had $43 million in assets in the plan as of Dec. 31, according to the company's 11-K filing with the SEC Wednesday.
Also during 2019, the plan removed the Vanguard Small Cap Index Fund from the investment options lineup. The passive domestic small-cap equity fund managed by Vanguard Group had $20 million in assets in the plan as of Dec. 31, 2018, according to Cerner Corp.'s prior 11-K filing.
The reason for the change was not provided.
As of Dec. 31, the Cerner Corp. Foundations Retirement Plan had $2.7 billion in assets, according to the new 11-K filing. As of that same date, the plan offered 12 individual mutual fund options, two collective investment trust options, a self-directed brokerage option, a common stock fund and a target-date fund lineup managed by T. Rowe Price Group.
Company spokeswoman Misti Preston could not be immediately reached for further information.
