Libbey Inc., Toledo, Ohio, added the Transamerica International Equity Fund to the investment options lineup of its 401(k) plan, the company disclosed in an 11-K filing with the SEC.
The active international equity fund managed by Transamerica Asset Management and subadvised by Thompson, Siegel & Walmsley had $5 million in assets in the plan as of Dec. 31, according to the June 14 filing.
Removed during 2018 was the Harbor International Fund, an active international equity fund managed by Harbor Capital Advisors and subadvised by Marathon Asset Management. As of Dec. 31, 2017, the fund had $7 million in assets in the plan, according to the company's previous 11-K filing.
The reason for the change was not provided.
As of Dec. 31, the Libbey Inc. Retirement Savings Plan had $104 million in assets, according to the new 11-K filing. As of that date, the plan had 18 investment options, a common stock fund and a target-date fund lineup managed by J.P. Morgan Asset Management.
Libbey officials could not be immediately reached to provide further information.