Canadian Imperial Bank of Commerce 401k PSDS Scan 12-31-2010

This Canadian bank 401k Plan Balanced portfolio was helped a little by company stock CM and invested 2.9% of the portfolio in the stock. The Plan has several good investment options and most are in the Balanced portfolio. The employee portfolio invested 9.6% of their portfolio in company stock but their largest holding was VFINX and less than 5% was invested in the stable value fund VRST in the scan. Interesting. However, like many 401k plans it could use more diversification than Target Date Retirement funds provide.