Cubic Corp., San Diego, added the Vanguard Equity Income Admiral Fund to its 401(k) investment options during the fiscal year ended Sept. 30.
The active domestic large-cap value equity fund managed by Vanguard Group had $28 million in assets in the plan as of Sept. 30, according to the company's 11-K filing Tuesday with the SEC.
Removed from the plan during the fiscal year ended Sept. 30 was the J.P. Morgan U.S. Equity Select Fund, an active domestic large-cap growth equity fund managed by J.P. Morgan Asset Management, the Vanguard Growth Index Fund, a passive domestic large-cap growth equity fund, the American Beacon Large Cap Value Fund, an active domestic large-cap value equity fund managed by American Beacon Advisors.
As of Sept. 30, 2018, those funds had $28 million, $27 million and $21 million, respectively, in assets in the plan, according to the company's prior 11-K filing.
A reason for the changes was not provided.
As of Sept. 30, the Cubic Corp. 401(k) Retirement Plan had $517 million in assets, according to the Tuesday's 11-K filing. As of Sept. 30, the plan had 21 investment options, a common stock fund and a self-directed brokerage account.
Crystal Nguyen, company spokeswoman, could not be immediately reached for further information.