The Chicago Bridge and Iron 401k was not helped by company stock because of its high volatility. The stock CBI has an average 5yr return over 40% but the annualized return is less than 6%. The Balanced portfolio 5yr APR = 4.81% with a Sharpe ratio of 0.36 and both are a little below average. The employee portfolio 3 largest holdings are TRBCX at 9.6%, the stable value fund SVF.hpx in the scan at 8.7% and TRBCX also at 8.7% of Plan. T. Rowe Price is the trustee. This is a well diversified 401k plan with a very volatile company stock the last 5 years.
No comments:
Post a Comment