Federated Launches 401(k) Plan

June 2, 2003 (PLANSPONSOR.com) - Federated Investors, Inc. has unveiled the Federated Foundation 401(k), a multi- manager retirement program offered by Edward Jones investment representatives.

The customizable product offers more than 45 mutual funds from Edward Jones’ preferred fund families, and is designed for plans with over $2 million in assets.

Federated Foundation 401(k) service includes Federated’s investment management expertise and Edward Jones’ 401(k) menu planning, employee enrollment meetings, and retirement seminars, according to the firms.