Seneca Foods Corp., Marion, N.Y., added the Wells Fargo Real Return Fund and JHancock International Growth Fund to the investment options lineup of its 401(k) plan in 2020.
As of Dec. 31, the inflation-protected fixed-income fund managed by Wells Fargo Asset Management and the active international growth equity fund managed by John Hancock Investment Management and subadvised by Wellington Management had $2 million and $1 million, respectively, in assets in the plan, according to the company's 11-K filing with the SEC on June 30.
A comparison of this year's 11-K filing and last year's filing shows the plan also removed PIMCO Real Return Fund and Invesco International Growth Fund from the lineup in 2020.
As of Dec. 31, 2019, the inflation-protected fixed-income fund managed by Pacific Investment Management Co. and the active international growth equity fund managed by Invesco had $2 million and $1 million, respectively, in assets in the plan, according to the prior 11-K filing.
The new 11-K filing did not provide a reason for the changes.
As of Dec. 31, the Seneca Foods Corp. Employees' Savings Plan had $234 million in assets, according to the new 11-K filing.
Seneca Foods officials could not be immediately reached for further information.
