Thursday, July 16, 2009
Nordstrom 401k (PS) Plan PSDS Scan 12/31/2008
This a small plan with a stable value fund and that is where the Balanced portfolio invested 90.8% of the plan. The employee portfolio as of 12/31/2008 still had money in company stock. JWN, which has a negative 5yr APR at -3.26%. The stable value fund was SVF.hpx in the scan.
Year over year participant directed investments lost 32% because of 2008 which was a Black Swan year as we all know.
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