My interest is in scanning 401k portfolios to image the efficient frontier and highlite portfolios that have high risk adjusted returns. The portfolio with highest Sharpe ratio will appear in the scan image for each 401k plan posted.
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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