Friday, December 2, 2011

Cytec Industries 401k (ESP) Plan PSDS Scan 12-31-2010



The Cytec 401k Plan was not helped by company stock CYT which has a 5yr APR of 3.05% and a barely positive Sharpe ratio of 0.004. Cytec is large specialty chemicals company that also makes composite materials for Boeing and other aerospace companies. The Plan is small and Vanguard is the trustee I think. The SEC 11-k report only provided investment options at the category level and I used Vanguard funds mostly in the design scan. The Balanced portfolio three largest holdings are VRST the stable value fund, a bond fund VBIIX and VBINX a balanced fund. The employee portfolio largest holdings are company stock CYT, VRST and VBINX. A good plan and a company that provides specialty materials and processes to several industries.

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