Southern Co. 401k (ESP) Plan PSDS Scan 12-31-2010

The Southern Co. 401k plan Balanced portfolio improved over last year helped by company stock SO which had a good 2010. That portfolio invested 16% of the plan in company stock and the employees invested 49.7% of their money in the stock. Thats too much for a retiree in my opinion. This is a small plan with only 5 conservative investment options and company stock. During the year the plan converted the BOA Fund to a short term bond fund SSTBX in the scan.