Fidelity Investments is making inroads in the market for bundled 401(k) plans sold to small companies through banks and other intermediaries.

Its intermediary sales arm, Fidelity Investments Institutional Services Co., has gathered $1 billion of assets under administration in 200 plans since the spring of 1998, the company said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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