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.
Thursday, November 10, 2011
Panera Bread 401k (SP) Plan PSDS Scan 12-31-2010
The Panera Bread 401k investment options are well diversified and the Balanced portfolio has a 5yr APR of 6.00% with a Sharpe ratio of 1.30. Its three largest holdings are PTTRX a bond fund, FRTXX a Fidelity money market fund and FGOVX a Fidelity government income fund. The employee portfolio's largest holding is a collection of Target Date Retirement funds represented by FFTWX in the scan. Interesting. Their next two largest holdings are FRTXX and company stock PNRA that has a 5yr APR of 9.03% with a Sharpe ratio of 0.16. Nice but volatile. This is an above average 401k Plan and stock.



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