Tuesday, December 8, 2009

Energen 401k (ESP) Plan PSDS Scan 12/31/2008

















A small plan with a money market fund VMMXX but no stable value fund. The Balanced portfolio invested 72.5% of the plan in the money market fund. The employee portfolio had 48.5% of the plan invested in company stock EGN which has a good 5yr return but off the chart volatility. The plan trustee is Vanguard and the funds in the plan are fine but adding one of their stable value funds and VBMFX would be a good idea.

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