A lot has changed since the last American Tower 401k design scan in 2008. Company stock AMT is no longer an investment option and the company recently announced it was reorganizing as a REIT for tax purposes. The Balanced portfolio without company stock has a 5yr APR = 4.08% compared to a 5y APR = 16.08% in the 2008 design scan. Company stock was the largest holding in the 2008 portfolio and this year it is money market fund FRTXX. The top 3 holdings of the employee portfolio in the latest SEC 11-k report are FDGRX, FUSEX and NYVTX. I hope their 2008 AMT stock holdings are in a trust or ESOP. There is not much more to say.
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