First Energy 401k (SP) Plan PSDS Scan 12/31/2008

This scan is the first with 12/31/2008 SEC 11-k data for employee asset allocation. In keeping with the Hewitt 401k index data they have invested 30.6% in the GIC investment option. The Balanced portfolio as usual has most of the plan invested in the GIC/stable value fund ( 74.7%). Company stock has done well with a 5yr APR = 10.39% with a lot of volatility thanks to 2008.