Friday, February 18, 2011
Lincoln Electric 401k (ESP) Plan PSDS Scan 12-31-2010
The Lincoln Electric plan continues to be helped by company stock LECO and the Balanced portfolio has improved a bit over last year. All but 2 of the investment options are now in the Balanced portfolio. The 2 largest holdings are the bond fund PTTRX and the retirment income fund VTINX. The stable value fund FMIP now only has 6.3% of the plan a clear indication that equity markets are improving. The employee portfolio largest holding is still company stock at 28.2% of that portfolio. This Cleveland company's 401k plan conitinues to do well.
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