Humana Inc., Louisville, Ky., added three index fund collective investment trusts managed by State Street Global Advisors and an active domestic large-cap growth equity CIT managed by Loomis Sayles & Co. to the investment options lineup of its 401(k) plan.
During 2019, the plan added SSGA's Russell All Cap, S&P 500 and Russell Small Cap index CITs which had $288 million, $261 million and $259 million in assets in the plan, respectively, according to the health-care company's 11-K filing with the SEC on Wednesday.
The plan also in 2019 added the Loomis Sayles Small Cap Growth Fund CIT, which had $172 million in assets in the plan as of Dec. 31.
Also during 2019, the plan removed two passive domestic equity CITs managed by Mellon Investments: its Broad Market Stock Index Fund and Small Cap Stock Index Fund, which had $395 million and $200 million in assets in the plan, respectively, as of Dec. 31, 2018, according to Humana's prior 11-K filing.
The plan also removed an active domestic smidcap equity CIT managed by PGIM Investments, which had $142 million in assets in the plan as of Dec. 31, 2018, according to the prior 11-K filing.
As of Dec. 31, the Humana Retirement Savings Plan had $5.4 billion in assets, according to the new 11-K filing. As of that same date, the plan had nine individual CIT options, two mutual fund options, and a Charles Schwab target-date fund lineup.
Humana spokesman Alex Kepnes could not be immediately reached for further information.