Leidos Holdings Inc., Reston, Va., added the T. Rowe Price Small & Mid-Cap Core collective investment trust as an investment option in the 401(k) plan lineup in 2018, the company disclosed in an 11-K filing with the SEC.
The CIT managed by T. Rowe Price Group had $403 million in assets in the plan as of Dec. 31, according to the June 28 filing.
Also during 2018, the plan removed three investment options: the T. Rowe Price Mid Cap Equity Growth Fund and T. Rowe Price Mid Cap Value Equity Trust, which had $238 million and $156 million in assets, respectively, in the plan as of Dec. 31, 2017, and the Wellington Small Cap CIT, an active domestic small-cap equity trust which had $90 million in assets in the plan as of Dec. 31, 2017, according to the company's previous 11-K filing.
The reason for the changes was not provided.
As of Dec. 31, the Leidos Inc. Retirement Plan had $6.6 billion in assets, according to the latest 11-K filing. As of that same date, the plan had 13 investment options, a common stock fund and a target-date fund lineup managed by Vanguard Group.
Melissa Koskovich, company spokeswoman, could not be immediately reached to provide further information.
