Medtronic 401k (SIP) Plan PSDS Scan 12-31-2010

Medtronic stock MDT continues to hurt the 401k plan which now has a 5yr APR = -6.96%. The Balanced portfolio made a small incremental improvement over last year but is still a lifeboat portfolio with 54.7% of the portfolio in a large GIC. The employee portfolio as of 4-30-2010 invested 33.3% of the portfolio in company stock. That portfolio has a 5yr APR = 1.75% and a small negative Sharpe ratio. This is a good Vanguard plan and a volatile company stock.