Employer Stock Accounts in 401k Plans

Submitted by IFS on Mon, 01/01/2007 - 21:27
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IFS is now acting as the independent fiduciary with respect to the employer stock accounts of several 401k plans sponsored by major corporations. IFS has assumed decision-making responsibility regarding company stock in the plans sponsored by Freddie Mac, ADC Telecommunications, and Tower Automotive. IFS is also serving as a fiduciary advisor to the Dominion Resources Asset Management Committee with respect to the Company Stock Funds in nine of that company’s 401k plans.