Quest Diagnostics 401k Balanced portfolio was up over last year but company stock DGX was down in 2010. The Quest SEC 11-k report stopped breaking down the employee asset allocation beyond the catagory level in 2009 so in the scan mutual fund investments are uniformly distributed. The Balanced portfolio 3 largest investments were the money market fund FDRXX, the bond fund VBMFX and the stable value fund FMIP2. The largest investment in the employee portfolio was company stock. A pretty good Plan that improved performance a little over last year as the economy improved.
No comments:
Post a Comment