Fidelity Investments will assume the responsibility for American Airlines' 401(k) participants beginning in the middle of 2015.

The new relationship comes on the heels of the American and US Airways merger, announced in December of 2013. Fidelity has provided retirement services to US Airways since 1993.

The agreement means Fidelity will serve 120,000 combined participants with total plan assets worth approximately $14 billion for at least the next five years, according to a statement from Fidelity.

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