Wednesday, December 22, 2010

Great Plains Energy 401k (SP) PSDS Scan 12-31-2009



This plan year over year made a small improvement in Balanced portfolio returns. However, the plan grew from 27 to 38 investement options in the report and needs to eliminate a lot of dead wood in my opinion. Company stock GXP still has a negative 5yr APR and is not in the Balanced portfolio which remains a lifeboat portfolio. It invested in very small amounts in many options and 69.4% in just 3 options, two stable value funds SVF.hpx and FMIP2 and one bond fund PTTRX. The largest holding in the employee portfolio is company stock.

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