Ryder System Inc., Miami, added the Boston Trust SMID Cap Fund to the investment options lineup of its 401(k) plan.
The active domestic smidcap equity fund managed by Boston Trust Investment Management was added in 2019 had $29 million in assets in the plan as of Dec. 31, according to the company's 11-K filing with the SEC on Tuesday.
Also during 2019, the plan removed the Voya Small Cap Opportunities Fund, an active domestic small-cap growth equity fund managed by Voya Investment Management, and the BlackRock Total Return Fund, an active domestic core fixed-income fund.
As of Dec. 31, 2018, those funds had $25 million and $8 million in assets in the plan, respectively, according to Ryder's prior 11-K filing.
The reasons for the changes were not provided.
As of Dec. 31, the Ryder System Inc. 401(k) Savings Plan had $1.5 billion in assets, according to the new 11-K filing.
Spokesman Jonathan C. Mayor could not be immediately reached for further information.
