This plan was the top 401k plan scanned in 2008 and company stock BAX continued to do well in 2009. The Balanced portfolio this year invested 28.5% of the plan in the stock and the employee portfolio invested 12.2% of the portfolio in the stock. In the scan the Target Retirement Funds are the Dow Jones retirement funds used by State Street Bank and Trust the plan trustee. The plan stable income fund is again represented by the U.S. Government 401k plan FUNDG. So far in 2010 company stock is down 27.4% which I mention as a reminder of why a retiree needs to consider volatility in making asset allocation decisions.
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