This plan was not helped by company stock AES but still produced a Balanced portfolio with a 5yr APR = 7.42% and a Sharpe ratio of 1.03. The employee portfolio's largest holding was company stock and their 5yr return was APR = 3.86% with a positive Sharpe ratio of 0.15. In the scan the Merrill Lynch retirement preservation trust was represent by the Vanguard retirement preservation trust which has posted 5yr data. The plan had an Oppenheimer gold & special minerals fund which is not often available in 401k plans and it helped performance.
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