Pentair Inc., Golden Valley, Minn., added the Loomis Sayles Small Cap Growth Fund to the investment options lineup of its 401(k) plan in 2020.
As of Dec. 31, the active domestic small-cap growth equity fund managed by Loomis, Sayles & Co. had $36 million in assets in the plan, according to the company's 11-K filing with the SEC on Thursday.
A comparison of this year's and last year's 11-K filings shows the plan also removed a similar fund from its lineup in 2020.
As of Dec. 31, 2019, the AMG TimesSquare Small Cap Growth Fund, an active domestic small-cap growth equity fund managed by AMG Funds and subadvised by TimesSquare Capital Management, had $31 million in assets in the plan, according to the prior 11-K filing.
The new 11-K filing did not provide a reason for the change.
As of Dec. 31, the Pentair Inc. Retirement Savings and Stock Incentive Plan had $758 million in assets, according to the new 11-K filing.
Spokeswoman Rebecca Osborn could not be immediately reached for further information.