UGI Corp., King of Prussia, Pa., added the Champlain Small Company Fund to the investment options lineups of its 401(k) plans in 2020.
As of Dec. 31, the active domestic small-cap growth equity fund managed by Champlain Investment Partners had a total of $5 million in assets in the three plans, according to the company's 11-K filings with the SEC on Thursday.
A comparison of this year's and last year's filings shows the plans removed a similar fund from the lineup in 2020.
As of Dec. 31, 2019, the Glenmede Small Cap Equity Fund, an active domestic small-cap equity fund managed by Glenmede Investment Management, had a total of $4 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 company's three 401(k) plans — the Amerigas Propane Inc. Savings Plan, UGI Utilities Inc. Savings Plan and UGI HVAC Enterprises Inc. Savings Plan — had $521 million, $425 million and $20 million in assets, respectively, according to the new 11-K filing.
Spokesman Joseph Swope could not be immediately reached for further information.