Newport News Shipbuilding 401k PSDS Scan 12/31/2008

Newport News Shipbuilding is a subsidiary of Northrop Grumman and their 401k plan holds that company stock, NOC. The plan Balanced portfolio has a negative Sharpe ratio which I have not seen in over 200 scans. Even the plan money market fund, ETAXX, has a negative Sharpe ratio. Northrop Grumman has a good 401k plan with a good stable value fund. It would be nice if this plan could invest in the parent company 401k plan funds.