Tuesday, August 11, 2009

Ashland Hercules 401k Plan PSDS Scan 12/31/2008


















Hercules was bought by Ashland 11/13/2008 and Hercules stock converted to Ashland stock in their 401k plan. The plan has a very good stable value fund, Vanguard Retirement Savings Trust, VRST in the scan. The so called Balanced portfolio has 94.2% of the plan invested in VRST and the rest in bond funds. Ashland stock like most funds had a very bad 2008. The employee portfolio had VRST as their largest investment but with over two-thirds invested in equity funds their 5yr forecast return was APR = 0.85%.

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