Larger Plans Saw Brighter Q309

November 9, 2009 (PLANSPONSOR.com) – Master trusts with assets greater than $5 billion and public funds with more than $5 billion both saw median returns of 11.88% for the third quarter, according to the Wilshire Trust Universe Comparison Service (Wilshire TUCS).

A Wilshire news release said corporate funds fared the best with a 2.08% median return followed by corporate plans with greater than $1 billion in assets tallying a median return of 1.61% for the year ended September 30, 2009.

Meanwhile, according to Wilshire, Taft Hartley funds continued to languish in negative territory for the one-year period with all Taft Hartley plans tallying a median return of -1.01% while with those with more than $1 billion in assets saw a -0.92% median return.

Foundations and endowments with assets of more than $1 billion had an annual median return of 1.28% followed closely by all foundations and endowment and all public funds coming in at one-year median returns of 1.27%. Public funds with more than $5 billion, all master trusts with assets topping $5 billion and public funds with greater than $1 billion all had one-year median returns of 0.51%, according to the Wilshire data.

“Once again plan size was a big determinant of return for the quarter with Master Trusts with more than $ 5 billion returning 11.88%, Master Trusts with more than $1 billion returning 11.35 % and those with less than $1 billion returning 9.99 %,” said Hilarie C. Green, managing director and head of Wilshire Analytics’ Performance Reporting division, in the announcement.

Wilshire TUCS includes approximately 1,100 plans representing $2.25 trillion in assets.

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