American Express 401k (RSP) PSDS Scan 12-31-2009

This plan was not helped by company stock AXP which had a 5yr APR = -2.28 even though the average 5yr APR was 14%. As a retiree volatiliy is always on my mind. The scan included only the investment options representing 5% or more of the plan. The Balanced portfolio had 70% of the portfolio invested in the stable value fund represented by the index SVF.hpx in the scan. The employee portfolio had 11.9% invested in company stock which reduced their 5yr APR to 1.58% with high volatility.