Principal Financial Group 401k (SSP) Plan PSDS Scan 12-31-2010

The Principal Financial Group 401k investment options are company mutual funds and company stock neither of which have done especially well the last 5 years. Company stock PFG has a negative 5yr return and is not in the Balanced portfolio, which has a 5yr APR of 5.08% with a positive Sharpe ratio of 0.38. That portfolio's 3 largest holdings are PIXEX, VUSTX a proxy for PGSPX (no 5yr data yet) and PBMJX. The employee portfolio 3 largest holdings are PSPJX, PIIJX and PIXEX and that portfolio has 5yr APR of 2.64% with a Sharpe ratio of 0.10. This plan could use more diversification in my opinion to provide employees with retirement options independent of the company. That would be prudent.