Eaton Corp. 401k (SP) Plan PSDS Scan 12-31-2010

The Eaton 401k Balanced portfolio made a small improvement over last year but is still below average. This Plan has better income options than equity options. Company stock ETN is the best equity option for the last 5 year period but both the Balanced portfolio and the employee portfolio invested less than 5% of Plan in the stock. That's not good. In my opinion the retirement plan committee needs to consider making a few changes to strengthen the equity options in this 401k Plan.