Homestreet Inc., Seattle, added the J.P. Morgan Undiscovered Managers Behavioral Value Fund and the WCM Focused International Growth Fund to the investment options lineup of its 401(k) plan.
The active domestic small-cap value equity fund managed by J.P. Morgan Asset Management and the active international large-cap growth equity fund managed by WCM Investment Management, both added in 2019, each had $6 million in assets in the plan as of Dec. 31, according to the company's June 29 11-K filing with the SEC.
Also during 2019, the plan removed the Boston Partners Small Cap Value Fund and the Invesco Oppenheimer International Growth Fund from the lineup.
As of Dec. 31, 2018, the active domestic small-cap value equity fund managed by Boston Partners Global Investors and the active international large-cap growth equity fund managed by Invesco each had $5 million in assets in the plan, according to the company's prior 11-K filing.
The new 11-K filing did not provide a reason for the changes.
The Homestreet Inc. 401(k) Savings Plan had $151 million in assets as of Dec. 31, according to the company's new 11-K filing. Also as of that date, the plan had 16 investment options and a common stock fund.
Company spokesman Ryan Mitchell could not be immediately reached for further information.
