Tuesday, January 31, 2012
General Dynamics 401k (SSIP.5) Plan PSDS Scan 12-31-2011
General Dynamics stock GD did not have a good year in 2011 and it is not in the Balance portfolio but it is the largest holding in the employee portfolio.The Balanced portfolio remains a lifeboat portfolio with only income funds having more than 5% of Plan. The best equity option this year was US Technologies IYT in the scan but it was only 2.2% of that portfolio. The Plan did win a law suit over fund fees and that money should help a bit. There is not much more to say.
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