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McLeodUSA Selects MassMutual for 401(k) Plan

McLeodUSA of Cedar Rapids, Iowa, has selected MassMutual Retirement Services of Springfield, Mass., as the supplier for McLeod's $50 million, 4,000-participant 401(k) plan.

Larry Cooper, senior manager of benefits at the telecommunications company, said it selected MassMutual because of its ability to accept and transmit data over the Internet and its quality and range of investment options.