National Oilwell Varco 401k (RSP) Plan PSDS Scan 12-31-2010

The National Oilwell Varco 401k plan added a Roth option this year and that should be in all plans in my opinion. The Balanced portfolio improved a little year over year as did company stock NOV. The Balanced portfolio's 3 largest holdings are the GIC (41.8%) the bond fund PTTRX (16.8%) and a Wells Fargo Short Term Investment Fund SSHIX (16.9%). The employee top holdings are the GIC (16.5%), company stock NOV (16.0%) and PTTRX (11.0%) that produced a 5yr APR = 6.38% with a positive Sharpe ratio. All in all a good plan and a good but very volatile stock.