EQT Corp. 401k (SPP) Plan PSDS Scan 12-31-2010

The EQT 401k Plan Balanced portfolio improved a little over last year but the stock EQT 5yr APR went down a bit. The Balanced portfolio 5yr APR of 7.0% with a Sharpe ratio of 1.27 is above average and the largest holding is the bond fund PTTRX. The employee portfolio's 3 largest holdings were company stock EQT, the stable value fund FMIP2 in the scan and an equity fund AGTHX. There were no big changes to the Plan options over last year. A good plan and a pretty good but not great company stock.

State of Texas 401k (457) Plan PSDS Scan 12-31-2010

The Texas 401k (457) Plan closed its stable value fund option to new investments in 2009 and it is not in the scan this year. The Balanced portfolio's three largest holdings are the money market fund VMMXX in the scan, a bond index fund AGG and a target date retirement fund WOTDX. I have no information on employee asset allocation and posted a uniform portfolio for comparison purposes. The Balanced portfolio 5yr APR is 4.86% a little below average again this year. The Plan might consider a good Sector fund like an emerging market or commodity investment option.

2011 Sharpe Stock Portfolio PSDS Scan 12-31-2010

This year two stocks MCD and CHD carried my portfolio while BRK and the Mutual Funds were off their 2010 highs. In 2011 YTD they out performed GLD too, Merry Christmas everyone.

Energen Corp. 401k (ESP) Plan PSDS Scan 12-31-2010

The Energen 401k Plan was last scanned in 2008. The employee portfolio now has 46.6% of their money invested in company stock EGN. The Balanced portfolio has only 2% in the stock because it is very volatile and that kills compounding. The 5yr average APR for EGN is 16% but the annualized 5yr APR is only 7% and the Sharpe ratio is 0.094. The investment options are still all Vanguard funds the Balanced portfolio is a little below average with a 5yr APR of 4.75% and a Sharpe ratio of 1.15. A pretty good plan and company stock is above average but volatile.

Ecolab Inc. 401k (SP) Plan PSDS Scan 12-31-2010

The Ecolab 401k Balanced portfolio was helped a little by company stock ECL and it invested 3.9% of the portfolio in the stock. That stock is the largest holding by far in the employee portfolio. In the scan proxies for the SSgA Target Date Funds were used that have 5yr market data. They were FFFAX and FFFCX from Fidelity. There are several good investment options in the Ecolab 401k and company stock has done well the last five years.

United Technologies 401k (DC) Plan PSDS Scan 12-31-2010

Effective 1-1-2011 United Technologies overhauled its two 401k Plans and cut the number of investment options from 19 to 9. They also replace Fidelity with Aon Hewitt and switched to index investment options instead of mutual funds making plan simplicity a high priority. State Street Global Advisiors now manages 5 core funds that are all index funds. After reading the SEC 11-k report and other sources I think these 9 options in the scan are representative;

SSgA Core Index Funds - SPY, IWV, MDY, DIA, GLD (or AGG)
SSgA Target Date Funds - LTAIX, etc.
AllianceBernstein Asset Allocation Index - ACG
Stable Value Fund - SVF.hpx (Heuler Index)
Company Stock - UTX

The GLD option is my choice for a currency index but most would probably use AGG or another income index fund. Its Xmas time. The Balanced portfolio APR of 9.39% changes to 5.17% if you use AGG instead of GLD. All in all a good 401k plan but very different from last year and still helped by company stock.

BorgWarner 401k (RSP) Plan PSDS Scan 12-31-2010

The BorgWarner 401k Balanced portfolio got a big lift from company stock BWA this year. It was up 117% in 2010 according to Morningstar. That produced a 5yr Balanced return just over 6% and the employee portfolio 5yr APR was 7.73% as Detroit rebounded. This 401k Plan has very few investment options and the Blackrock US Debt Index, FUNDF in the scan, is one of them. It is also in the US Government 401k (TSP) Plan and it is the largest holding in the BorgWarner Balanced portfolio. All in all a good small plan and a very good stock the last five years.