Moody's Corp., New York, added two new investment options to its 401(k) plan lineup during 2018, the credit ratings agency disclosed in an 11-K filing with the SEC.
The plan added T. Rowe Price Emerging Markets Equity Trust, an active emerging markets equity CIT managed by T. Rowe Price Group. The trust had $19 million in assets in the plan as of Dec. 31, according to the June 28 filing.
The plan also added the DFA U.S. Small Cap Portfolio, an active domestic small-cap equity fund managed by Dimensional Fund Advisors. That fund had $8 million in assets in the plan as of Dec. 31.
Also during 2018, the plan removed the Lazard Emerging Markets Equity Portfolio, an active emerging markets equity fund managed by Lazard Asset Management. That fund had $25 million in assets in the plan as of Dec. 31, 2017, according to the company's previous 11-K filing.
The plan during 2018 also removed the Boston Trust Small Cap Fund, an active domestic small-cap equity fund managed by Boston Trust & Investment Management. That fund had $9 million in assets in the plan as of Dec. 31, 2017, also according to the previous 11-K filing.
As of Dec. 31, the Profit Participation Plan of Moody's Corp. had $925 million in total assets, according to the new 11-K filing. As of that same date, the plan had 13 investment options, a common stock fund, a legacy stock fund and a target-date fund lineup managed by Fidelity Institutional Asset Management.
A Moody's spokeswoman could not immediately provide further information.