[FinanceDude]

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Originally Posted by Dennis Why do co.'s use High cost funds? Maybe their Agent/Broker makes more $ from them? Or The Owners of the Co. are getting Some Other Benefits for doing so? Or There are Less restriictions using High cost Funds for the employer to Steal the $, like They did With Enron and other Co.'s? And Maybe those higher Fee's are going elsewhere , like into the Agents Pocket and then for Free Golf Trips and Cruises for the Owners of the Company? Or Football And Baseball Tickets in a skybox..?

Well,considering the largest 401K "providers" are insurance companies like Principal, there's no wonder. The fees are buried inside the "bundled" package.

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Pres. Obama has #401k plans on his List to make some major changes to them, that just might be for the better..Espeically seeing as most Savers can't manage & Invest their Own $ even with being able to Invest in a broad spectum of Funds...

As long as he doesn't listen to the harebrain plan that's currently in a House committee.........

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Smart Money came out with a Report a while back.. The average #401k plan made less than Bonds for the previous 20 yr period.. and the Fees ate up alot of profits...

A lot of that is due to participant behavior, with most folks selling at the bottom and investing at the top......

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Unless getting at Least a 5% matching? I'd be moving into your own IRA/Roth accounts, if it won't cause problems with your status with your employer...

First of all, most companies don't do 5% dollar-for-dollar match. ANY match is FREE MONEY to you, and can help in bad markets. A Roth IRA to me is an absolute must for anyone working that can afford to fund one, an absolute no-brainer........