Saturday, August 22, 2009
Newmont Mining 401k (RSP) Plan PSDS Scan 12/31/2008
This plan was hurt by company stock and 2008 like many others. The Balanced portfolio has over 88% invested in just two funds, VMMXX 64.4% and VBMFX 23.9%. The employee portfolio had almost equal amounts in VMMXX and company stock NEM as of 12/31/2008.
In the scan Vanguard target retirement funds without 5yr data were represented by their corresponding Fidelity Freedom fund.
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