Lincoln Electric 401k (ESP) Plan PSDS Scan 12/31/2008

It is nice to see a company doing well with a good 401k plan. The Balanced portfolio in this current Black Swan market is mostly in the stable value fund here FMIP the Fidelity Managed Income Portfolio. The employees have just over 30% invested in company stock, LECO, which has a 5yr APR of over 17%. The target retirement funds have a small amount invested in them and only VTXVX has 5yr data so that is where that money is in the scan.