Great Plains Energy 401k (SP) PSDS Scan 12/31/2008

Another lifeboat portfolio. The Balanced portfolio has 83.5% of the plan in the stable value fund FMIP in the scan. The employee portfolio has 31.4% of their money in company stock GXP which has a negative 5yr APR which resulted in the employee portfoilo having a 5yr APR = -1.17%. The plan has many good funds that have very little money invested in them. They may want to read the Employee Benefit Research Institute 2008 report, there is a link to it on this website.