H.J. Heinz 401k (ERSP) PSDS Scan 12-31-2011

The Heinz 401k continues to be helped by company stock HNZ but not as much as last year. While it was up in 2011 it was not up as much as in 2006 bringing down the 5yr return. The Balanced portfolio invested 9.8% in the stock and the employee portfolio invested 18.2% in the stock. The Plan has several very good investment options but 2011 was not very kind to mutual funds. As you can see in the scan the portfolio cloud of points has dropped a bit compared to last year. This is a good 401k Plan and stock but both are in a market still trying to recover from 2008.