RPM International Inc., Medina, Ohio, added the MFS Mid Cap Growth Fund, Artisan International Value Fund and PGIM Global Total Return Fund to the investment options lineups of its two 401(k) plans in 2020.
As of Dec. 31, the active domestic midcap growth equity fund managed by MFS Investment Management, the active international value equity fund managed by Artisan Partners and active global fixed-income fund managed by PGIM Fixed Income had $48 million, $21 million and $5 million, respectively, in assets in the plans, according to the chemical company's 11-K filings with the SEC on June 25.
A comparison of the new 11-K filings and last year's filings shows the plans removed the Voya MidCap Opportunities Fund, Dodge & Cox International Stock Fund and Templeton Global Total Return Fund from the investment options lineups in 2020.
As of Dec. 31, 2019, the active domestic midcap growth equity fund managed by Voya Investment Management, the active international value equity fund managed by Dodge & Cox and the active global fixed-income fund managed by Franklin Templeton had $40 million, $25 million and $4 million, respectively, in assets in the plan, according to the company's prior 11-K filings.
The new 11-K filings did not provide reasons for the changes.
As of Dec. 31, the RPM International Inc. 401(k) Trust and Plan had $1.1 billion in assets, and the RPM International Inc. Union 401(k) Trust and Plan had $9 million in assets, according to the company's new 11-K filings.
Russell L. Gordon, vice president and chief financial officer, could not be immediately reached for further information.