M/I Homes Inc., Columbus, Ohio, added the Fidelity Freedom lineup of target-date index funds to the investment options lineup of its 401(k) plan in 2019.
The lineup of target-date funds managed by Fidelity Investments had about $2 million in assets in the plan as of Dec. 31, according to an 11-K filing with the SEC on June 12.
The plan did not have any target-date funds listed in the prior 11-K filing with data as of Dec. 31, 2018. Whether the lineup replaces any prior qualified default investment alternative could not be immediately learned.
As of Dec. 31, the M/I Homes Inc. 401(k) Profit Sharing Plan had $97 million in assets, according to the new 11-K filing. In addition to the Fidelity target-date fund lineup, the plan had 11 investment options and a common stock fund in the lineup as of Dec. 31.
M/I Homes officials could not be immediately reached for further information.