Monday, April 11, 2011

McKesson 401k (PSIP) Plan PSDS Scan 12-31-2010



The McKesson 401k plan did not improve perfomance over last year. Several Target Date Retirement funds are in the Balanced portfolio this year. It is a lifeboat portfolio with 56.2% of the portfolio in the Mellon stable value fund SVF.mel in the scan and only 1.6% of the portfolio is in company stock MCK. An employee asset allocation that I don't often see in an SEC 11-k report is a Brokerage account link (Fidelity in this plan) that has more than 5% of the plan invested in it. There is not much more to say.

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