Chevron 401k (ESIP) Plan PSDS Scan 12-31-2009

This plan was one of the 2008 top 401k plans and was again helped by company stock CVX. The Balanced portfolio invested 9.2% of the plan in company stock and its largest holding was the Vanguard GNMA Fund VFIIX in the scan. The employee portfolio is virtually the same as last year with a 5yr APR = 8.75% and a positive 5yr Sharpe ratio of 0.52. They invested 58.9% of their portfolio in company stock, more than I think prudent for a retiree.