Thursday, November 12, 2009
Fortune Brands 401k (RSP) Plan PSDS Scan 12/31/208
Like many plans this one was hurt by company stock FO and 2008. The plan has no stable value fund but does have a money market fund FRTXX and that is where 67.8% of the money is in the Balanced portfolio. The employee portfolio has 4.1% of the plan in company stock. The plan trustee is Fidelity and they have an excellent stable value fund which would be a nice addition especially for those about to retire and retirees.
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