Fidelity Investments announced today that Dell selected the company as the provider of its defined contribution plan. As of January 8, Fidelity became Dell's new recordkeeping service provider of its 401(k) plan with approximately 50,000 participants and $3.4 billion in assets under administration.
"We're thrilled to have the opportunity to work with Dell employees and retirees to better prepare and manage their retirement," said Jeffrey Lagarce, executive vice president, Sales and Relationship Management, Fidelity Investments, in a statement.
"Retirement is at the core of Fidelity's business and we are continuing to invest in the technology and tools needed to help participants actively plan for the future they envision and the outcomes they desire."
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