Thermo Fisher Scientific 401k (RP) Plan Scan 12-31-2009

There has been year-over-year improvement but not a lot. The Balanced portfolio is still a lifeboat protfolio with 69.3% of the plan invested in the stable value fund SVF.hpx in the scan.

Company stock has a good 5yr return but is very volatile. The Balanced portfolio has 5.4% invested in TMO and the employee portfolio has 2.4% invested in it. There are too many target retirement funds with very small 5yr Sharpe ratios and that has hurt the 5yr plan performance.