Tuesday, March 9, 2010

Bank of America 401k Plan PSDS Scan 12-31-2009






This plan was last scanned 2/25/09 near the bottom of the recession. The company stock BAC is still not in the scan and has a negative 5yr annualized return (-15.6%) and high volatility. The Balanced portfolio now has more than a dozen funds and the 3D scan image looks healthier. There were a few changes in the plan investment options and Barclays Lifepath target retirement funds are now in the plan. The plan is sill large and complicated but the year over year changes have been positive in my opinion mostly. The Goode stable value fund was represented in the scan by SVF.hpx the Hueler stable value fund index.

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