Thursday, September 15, 2011

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



The Nordstrom 401k 5-year performance was down a bit compared to last year because company stock JWN while up in 2010 was not up as much as it was in 2005; volatility at work. The Balanced portfolio 5yr APR was 5.50% with a Sharpe ratio of 1.60 and it invested less than 1% in the stock which continues to be the employee portfolio's largest holding. In the scan this year I added a proxy PASAX for the SMA funds in the plan called Nordstrom select funds; conservative, moderate and growth. I am not sure if they are participant directed investment options but they are over 30% of the plan as I read the SEC 11-k report. All in all a pretty good Plan and a very volatile company stock.

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