Cullen/Frost Bankers Inc., San Antonio, added the Fidelity Blue Chip Growth Fund to the investment options lineup of its 401(k) plan in 2020.
As of Dec. 31, the active domestic large-cap growth equity fund managed by Fidelity Investments had $52 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 also shows the plan removed the American Funds AMCAP Fund from the investment options lineup in 2020.
As of Dec. 31, 2019, the active domestic large-cap growth equity fund managed by Capital Group had $44 million in assets in the plan, according to the prior 11-K filing.
The new 11-K filing did not provide a reason for the change.
As of Dec. 31, The 401(k) Stock Purchase Plan for Employees of Cullen/Frost Bankers Inc. and Its Affiliates had $955 million in assets, according to the new 11-K filing.
Company spokesman Bill Day said the company does not comment beyond what is in the filing.
