Microsoft 401k (SP) Plan PSDS Scan 12-31-2010

The Microsoft 401k Balanced portfolio is still a lifeboat portfolio with the top 3 holdings all conservative income funds, PTTRX, VBISX and the money market fund FIDXX. The employee portfolio 3 largest holdings are all equities, company stock MSFT, FCNTX and FDGRX. Company stock was down in 2010. When the stock starts to grow again the employee portfolio could better the Balanced porftolio APR = 5.52% but not this year.