Friday, August 26, 2011

New Jersey Resources 401k (RSP) Plan PSDS Scan 12-31-2010




The New Jersey Resources 401k Plan made a few changes. The stable value fund was moved to T. Rowe Price and is SVF.hpx in the scan. The plan was again helped a lot by company stock NJR and the Balanced portfolio invested 19.9% of the portfolio in the stock. Most of the employee money in the stock is in an ESOP and is not participant directed but it is their largest holding. The Balanced portfolio 5yr APR = 7.41% and Sharpe ratio of 1.73 should put this 401k Plan in the running for the Top 10 list for the year.

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