PacWest Bancorp, Brea, Calif., added the Artisan Small Cap Investor Fund to the investment options lineup of its 401(k) plan.
The active domestic small-cap growth equity fund managed by Artisan Partners, added in 2019, had $7 million in assets in the plan, according to the company's June 26 11-K filing with the SEC.
Also during 2019, the plan removed the Carillon Eagle Small Cap Growth Fund from the investment options lineup.
That active domestic small-cap growth equity fund, managed by Carillon Tower Advisers and subadvised by Eagle Asset Management, had $5 million in assets in the plan as of Dec. 31, 2018, according to the company's prior 11-K filing.
The new 11-K filing did not provide a reason for the change.
As of Dec. 31, the PacWest Bancorp 401(k) Plan had $178 million in assets, according to the new 11-K filing.
PacWest officials could not be immediately reached for further information.