MSA Safety Inc., Cranberry Township, Pa., added three index funds managed by Fidelity Investments and an active domestic small-cap growth equity fund managed by T. Rowe Price Group to the investment options lineup of its 401(k) plan in 2020.
As of Dec. 31, the Fidelity Large Cap Growth Index Fund, T. Rowe Price QM U.S. Small Cap Growth Fund, Fidelity Small Cap Index Fund and Fidelity Large Cap Value Index Fund had $8 million, $4 million, $1 million and $1 million, respectively, in assets in the plan, according to the company's 11-K filing with the SEC Friday.
A comparison of this year's 11-K filing and last year's filing shows the plan removed the Fidelity Magellan Fund, Artisan Mid Cap Value Fund and Hartford Small Cap Growth Fund from the lineup in 2020.
As of Dec. 31, 2019, the active domestic large-cap growth equity fund managed by Fidelity Investments, active domestic midcap value equity fund managed by Artisan Investors, and the active domestic small-cap growth equity fund managed by Hartford Funds Management Co. and subadvised by Wellington Management had $11 million, $6 million and $4 million, respectively, in assets in the plan, according to the company's prior 11-K filing.
The new 11-K filing did not provide a reason for the changes.
As of Dec. 31, the MSA Retirement Savings Plan had $364 million in assets, according to the new 11-K filing.
Company spokesman Mark Deasy could not be immediately reached for further information.