Tuesday, October 20, 2009

McKesson 401k (PSIP) PSDS Scan 12/31/2008





















This is a large plan with many options. The scan included the 44 options with the most money invested in them. The Balanced portfolio had money in 18 funds. The 3 largest investments were the Mellon stable value fund SVF.mfs with 31.6% of the money, the money market fund FRTXX with 14.5% and the global bond fund TPINX with 10.2%. The employee portfolio had most of the money in company stock MCK with 31.6% invested in it and that hurt perfomance by greatly increasing volatility. Keep in mind that volatility kills compounding.

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