Fifth Third Bancorp. is seeking to leverage a newly won contract to administer a major retailer's 401(k) plan into a high-margin money management assignment.

The Cincinnati-based banking company became administrator and record keeper this year for the 401(k) plan offered by Consolidated Stores Corp., a national retailer of toys and discounted merchandise.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.