Edwards Lifesciences 401k (SIP) PSDS Scan 12/31/2008

This plan was helped by company stock EW and a stable value fund SVF.ing in the scan. The Balanced portfolio had 9.5% invested in company stock and 82.4% in the stable value fund. The employee portfolio was constructed from the 11-k report which did not breakdown asset allocation by fund, only by catagory. Company stock was 1/3 of the plan, trust assets 1/3 and the remaining 1/3 I distributed uniformly among the mutual funds. The company is here in Irvine CA not too far from the UCI Campus.