Tuesday, August 24, 2010
Campbell Soup 401k (SPP) PSDS Scan 12-31-2009
The Campbell Soup plan trustee is Fidelity and all the investment options in the scan are Fidelity funds. The Balanced portfolio invested 64.8% of the money in the stable value fund FMIP2 in the scan and 16.7% in FSICX. The plan does not have a bond fund and it should. The employee portfolio has 32.4% of their money in company stock CPB and a bit more in the stable value fund. The plan could use a basic international fund and a bond index fund of which Fidelity has several. That could easily raise the 5yr APR and Sharpe ratio.
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