Allison Transmission has announced changes that will impact the Allison Transmission Salaried Employee Retirement Savings Plan and the Allison Transmission Hourly Employee Savings Plan.
Effective as of the close of business on December 15, 2016, two investment options will be added to the plan and two will close and be removed. Existing balances in and future contributions to the closing funds will be transferred to the new investment options in the plan unless directed elsewhere by the participant.
To discuss these important changes to the Allison 401(k) plans and how to allocate your portfolio in light of the new fund lineup, do not hesitate to contact Mainstay toll-free at 1-866-444-6246.