Tuesday, October 11, 2011

AT&T 401k (SSP) Plan PSDS Scan 12-31-2010



The last AT&T 401k scan in 2008 was for their RSP plan, they have several 401k plans. This year the scan is for their SSP plan , which has only 7 investment options. Most are from Barclay Global Investors and four are virtually the same as Barclay funds in the US Government 401k TSP Plan; FUNDC, FUNDF, FUNDI and FUNDS. They are used in the scan along with GIC.ekx for the Interest Income Fund and MALOX for the Global Equity Fund. The SSP Balanced portfolio 5yr APR is 5.31% with a Sharpe ratio of 2.38 and the Balanced portfolio for the TSP plan scanned earlier had a 5yr APR equal 5.24% and a Sharpe ratio of 2.91. An interesting 401k design strategy, low cost and about average 5yr performance. If AT&T stock were not so volatile it would be above average.

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