Archive for June, 2015

2015 May Detailed YTD Performance

Wednesday, June 24th, 2015
Fixed  Income Large Cap Value Large Cap Growth Foreign Small Company Portfolio
Morningstar Averages for the Universe n/a 2.37% 5.62% 8.81% 3.30% n/a
Stable Value Option 0.95%
Wellington Core 1.15%
PRIMCO GIC 1.20%
Cash 0.28%
BlackRock Instl. Money Market Fund 0.06%
Benchmark
BC 1-3 yr. Govt./Treas. 0.66%
Equity Index Option (BlackRock US Equity Index) 3.61%
Benchmark
Russell 3000 3.68%
Value Stock Option 3.25%
JP Morgan Equity Income 0.79%
T. Rowe Price Value 3.36%
Goldman Sachs Mid Value Instl. 2.93%
Neuberger Berman Large Cap Value -0.10%
Sequoia 14.90%
BlackRock Value Index 1.75%
Benchmark
Russell Price Driven (1000 Value) 1.41%
Growth Stock Option 5.45%
Marsico Focus 3.10%
Wellington Mid Cap Opportunities 6.36%
Primecap Odyssey Growth 4.80%
T. Rowe Price Growth Stock 8.20%
Broad Run Mid Cap Growth 5.33%
BlackRock Growth Index 5.77%
Benchmark
Russell Earnings Growth (1000 Growth) 5.83%
International Stock Option 9.20%
Templeton Instl. Foreign 9.08%
Thornburg Intl Value 16.16%
DFA Emerging Markets Value 4.85%
MFS International Value 9.47%
Brandes International Small Cap Equity 11.01%
BlackRock ACWI ex-US IMI Index 8.04%
Benchmark
MSCI ACWI Ex-US IMI (net) 7.50%
Diversified Small Company Stock Option 2.53%
DFA U.S. Micro Cap Portfolio 2.51%
Royce Opportunity 0.67%
Brown Capital Mgmt. Small. Co. Instl. 4.91%
Buffalo Small Cap 2.18%
Deutsche Small Cap Value Separate Account 3.85%
Mutual of America Disciplined Small Cap Value 1.98%
Walthausen Small Cap Value -1.40%
BlackRock Small Company Index 3.94%
Benchmark
Russell 2000 Total 3.98%
Retirement Model Portfolio 1.71%
Benchmark
Retirement Composite Index 1.34%
Conservative Model Portfolio 1.94%
Benchmark
Conservative Composite Index 1.41%
Moderate Model Portfolio 3.32%
Benchmark
Moderate Composite Index 3.02%
Aggressive Model Portfolio 3.88%
Benchmark
Aggressive Composite Index 3.69%

DAP – BEST IN CLASS 401(k) ARTICLE

Tuesday, June 9th, 2015

The Best in Class 401(k) Plans are now online at http://www.plansponsor.com/2015-Plansponsor-401k-Best-in-Class-Plans/

BEST IN CLASS PLANS

Arkansas Blue Cross Blue Shield
Black & Veatch
BlackRock, Inc.
Bohannan Huston, Inc.
Bristol-Myers Squibb Company
CliftonLarsonAllen LLP
The Cooper Companies
DENSO International America, Inc.
Directed Account Plan
Essenita Health
FairPoint Communications, Inc.
First National Bank Alaska
Francis Investment Counsel
Grange Mutual Casualty Company
Lancaster General Health 401(k)
Land O’Lakes, Inc.
MasterCard
MDU Resources Group, Inc.
Motorola Solutions
National Futures Association
North Shore–LIJ Health System
Pitney Bowes
Portland General Electric
Providence Health & Services
Solix, Inc.
TASC, Inc.
TD Ameritrade
TriMas Corporation
Westinghouse Electric Company LLC

The 2015 Best in Class 401(k) Plan designation was given to 401(k) retirement plan sponsors that meet the highest standard of excellence, as deemed by PLANSPONSOR’S research and editorial team. Recipients of the 2015 Best in Class 401(k) Plan designation were selected from the almost 4,000 401(k) plans that responded to PLANSPONSOR’s annual Defined Contribution (DC) Survey.

Each 401(k) plan participating in the survey was evaluated and scored on its usage and implementation of more than 30 criteria related to plan design, oversight/governance and participant outcomes. Plans needed to have certain features to be considered, such as an above average participation rate, use of automatic escalation and an employer contribution—discretionary or nonelective. Other criteria were not mandated but did earn the plan additional points, such as auto-enrollment, short eligibility schedules and immediate vesting.

The 29 plans we recognize here as “best in class” represent diverse industries and participant demographics. However, they still share many attributes—for example, all offer both matching and profit-sharing/nonelective contributions. As one might expect, the winning plans also consistently topped their peers in terms of outcomes and the prevalence of participant-friendly practices, featuring higher average deferral rates, more available advice and regular fee benchmarking.

2015 April Detailed YTD Performance

Monday, June 8th, 2015
Fixed  Income Large Cap Value Large Cap Growth Foreign Small Company Portfolio
Morningstar Averages for the Universe n/a 1.43% 3.70% 8.78% 2.20% n/a
Stable Value Option 0.75%
Wellington Core 0.91%
PRIMCO GIC 0.95%
Cash 0.23%
BlackRock Instl. Money Market Fund 0.05%
Benchmark
BC 1-3 yr. Govt./Treas. 0.59%
Equity Index Option (BlackRock US Equity Index) 2.21%
Benchmark
Russell 3000 2.26%
Value Stock Option 1.76%
JP Morgan Equity Income -0.44%
T. Rowe Price Value 1.90%
Goldman Sachs Mid Value Instl. 1.76%
Neuberger Berman Large Cap Value -0.82%
Sequoia 10.71%
BlackRock Value Index 0.51%
Benchmark
Russell Price Driven (1000 Value) 0.21%
Growth Stock Option 3.64%
Marsico Focus 0.85%
Wellington Mid Cap Opportunities 5.23%
Primecap Odyssey Growth 2.19%
T. Rowe Price Growth Stock 6.23%
Broad Run Mid Cap Growth 5.07%
BlackRock Growth Index 4.30%
Benchmark
Russell Earnings Growth (1000 Growth) 4.36%
International Stock Option 10.03%
Templeton Instl. Foreign 10.72%
Thornburg Intl Value 14.96%
DFA Emerging Markets Value 9.75%
MFS International Value 9.40%
Brandes International Small Cap Equity 9.86%
BlackRock ACWI ex-US IMI Index 9.41%
Benchmark
MSCI ACWI Ex-US IMI (net) 8.90%
Diversified Small Company Stock Option 1.40%
DFA U.S. Micro Cap Portfolio 1.11%
Royce Opportunity -0.15%
Brown Capital Mgmt. Small. Co. Instl. 3.56%
Buffalo Small Cap 1.74%
Deutsche Small Cap Value Separate Account 1.74%
Mutual of America Disciplined Small Cap Value 1.65%
Walthausen Small Cap Value -1.58%
BlackRock Small Company Index 1.57%
Benchmark
Russell 2000 Total 1.65%
Retirement Model Portfolio 1.37%
Benchmark
Retirement Composite Index 1.15%
Conservative Model Portfolio 1.25%
Benchmark
Conservative Composite Index 0.85%
Moderate Model Portfolio 2.51%
Benchmark
Moderate Composite Index 2.29%
Aggressive Model Portfolio 3.02%
Benchmark
Aggressive Composite Index 2.81%

Manager Change in the International Stock Option

Monday, June 8th, 2015

The American Century Intl. Growth Fund was terminated and removed from the International Stock Option on 5/29/15. The fund was terminated due to a recent manager change and performance that had consistently detracted from this investment option.  The funds were moved into the International Stock Option’s index fund – BlackRock ACWI Ex US IMI Index until the board finds a suitable replacement fund.  The new International Stock Option target allocation is as follows:

Manager  Previous Target Allocation  New Target Allocation effective 5/29/15  
American Century Intl. Growth  10%  0%
Templeton Instl. Foreign Equities  12%  12%
Thornburg Intl. Value  8%  8%
DFA Emerging Markets Value  10%  10%
MFS Intl. Value  12%  12%
Brandes Intl. Small Cap Equities  6%  6%
BlackRock ACWI Ex-US IMI Index  42%  52%

June 2015

Tuesday, June 2nd, 2015
Stable Value Value Stock Equity Index Growth Stock Intl. Stock Div. Small Co.Stock Retirement Portfolio Conserv Portfolio Moderate Portfolio Aggressive Portfolio
01  290.33  783.63  720.53  665.27  509.70  883.54  126.64  443.09  580.27  637.57
02  290.35  783.83  720.09  665.19  511.96  886.38  126.67  443.08  580.69  638.37
03  290.36  786.15  722.35  668.53  513.85  896.94  126.76  443.64  582.58  641.34
04  290.38  779.02  716.09  663.53  510.22  886.38  126.55  442.07  579.28  636.71
05  290.44  779.35  715.97  664.76  503.32  893.07  126.48  442.14  579.17  636.62
08  290.46  773.89  711.33  659.31  502.71  888.13  126.35  440.96  576.90  633.73
09  290.48  773.94  711.30  658.67  500.50  885.95  126.33  440.98  576.44  632.92
10  290.50  782.34  719.83  666.36  508.05  898.70  126.65  443.01  581.12  639.46
11  290.51  784.32  721.53  668.40  508.39  900.25  126.71  443.46  581.97  640.52
12  290.57  779.07  716.92  664.67  506.49  898.83  126.58  442.34  580.07  638.20
15  290.59  775.59  713.63  662.06  501.82  895.46  126.44  441.56  578.21  635.60
16  290.61  778.30  717.70  664.80  500.93  901.33  126.54  442.39  579.66  637.56
17  290.63  779.58  718.92  665.84  502.44  899.86  126.59  442.70  580.17  638.11
18  290.64  786.89  726.25  673.44  504.83  910.97  126.82  444.46  583.88  643.14
19  290.70  783.02  722.93  671.13  504.06  910.50  126.74  443.66  582.67  641.71
22  290.72  788.08  727.19  676.74  512.34  914.89  126.96  444.78  585.73  645.89
23  290.74  788.57  727.89  678.18  512.58  917.20  126.99  444.94  586.25  646.64
24  290.76  781.77  722.14  672.48  510.94  909.82  126.81  443.47  583.39  642.86
25  290.77  780.07  720.26  672.39  509.98  910.31  126.76  443.06  582.90  642.29
26  290.83  779.25  719.99  671.17  507.66  909.54  126.74  442.98  582.34  641.46
29  290.85  762.23  704.65  655.27  496.47  886.76  126.20  439.16  573.75  629.65
30  290.87  763.31  706.90  658.82  494.60  889.73  126.23  439.58  574.60  630.68
June Fund Performance (in percentages)
 0.19%  -2.41%  -1.68%  -0.43%  -3.12%  0.93%  -0.29%  -0.71%  -0.83%  -0.92%