Praxair 401k (RSP) Plan PSDS Scan 12/31/2008

Another plan helped by company stock, PX, and the Balanced portfolio invested 4.2% of the plan in the stock. The employees as of 12/31/2008 had 37.2% of the plan in company stock. The plan has a good stable value fund, a Fidelity Managed Income Portfolio FMIP in the scan. The artificially high Sharpe ratio of FMIP resulted in a "lifeboat" Balanced portfolio with 75.5% of the plan in the stable value fund.