Tuesday, June 14, 2011

J&J Snack Foods 401k (PSP) Plan PSDS Scan 12-31-2010



The J&J Snack Foods 401k was helped by company stock JJSF and the Balanced portfolio invested 7.4% of the portfolio in the stock. The employee portfolio invested 15.1% in the stock which had a 5yr APR = 11.24% with a Sharpe ratio of 0.387. However, their largest holding MAAGX at 22.8% of plan had a poor 5yr return and the Balanced portfolio invested only 1.4% in that fund. I mention that because sadly I often see plans where employees invest in fund names "aggressive growth" without checking fund performance. In the scan RFFI is the Reliance Fixed Fund Instituional trust. All in all a good plan and stock.

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