Tredegar Corp., Richmond, Va., added 11 target-date funds managed by Vanguard Group to the investment options lineup of its 401(k) plan in 2019.
The target-date funds had a total of $94 million in assets in the plan as of Dec. 31, according to a 11-K filing June 18 with the SEC.
Also during 2019, the plan removed nine target-date funds managed by J.P. Morgan Asset Management.
As of Dec. 31, 2018, those funds had a total of $76 million in assets in the plan, 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 Tredegar Corp. Retirement Savings Plan had $143 million in assets, according to the new 11-K filing. As of that same date, the plan had 14 individual investment options and a common stock fund in addition to the Vanguard target-date funds.
Company spokeswoman Neill Bellamy could not be immediately reached for further information.