Tuesday, February 22, 2011

Royal Bank of Canada 401k (RSP) PSDS Scan12-31-2010





The Bank's 401k plan for USA employees is large and the Balanced portfolio invested 6.4% of the plan in company stock which has a nice return but with very high volatility. The employee portfolio invested 27.7% in the stock. The plan uses AllianceBernstein Target Date funds and that took a little extra effort to find 5yr market data for some of the funds. All in all a good plan with a very good Fidelity money market fund FDRXX and almost no employee money in the fund. The Fidelity stable value fund FMIP2 in the scan only got 13.0% of the Balanced portfolio while FDRXX got 34.2%. Interesting.

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