Thursday, September 30, 2010
FMC Technologies 401k (SIP) PSDS Scan 12-31-2009
This plan was definitely helped by company stock FTI and the Balanced portfolio invested 9.2% of the plan in the stock and the employee portfolio had 51.4% in the stock. Thats too much but the employees of oil and gas companies do that often. The two largest holdings in the Balanced portfolio were the cash portfolio SIGVX in the scan and the bond fund PTTRX. All in all a good plan with 8 investment options in the Balanced portfolio including the volatile stock FTI.
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