Fund choices of my past 401k were always employee committee picked so just about always UNDER performed. We maxed 401k out only because of taxes at the time. I don't think I would have contributed if it hadn't been for the tax benefits. Our 401k are IRA now. Was never comfortable relying only 401k as so many of my work companions did. If not for 401k those work companions wouldn't have much $ saved at all for retirements!!! I find this interesting because a while back DD completed college and asked our thoughts on how to proceed with 401k at new job. I realize they are fear mongering and being horribly political with the article anyway but still interesting. The GOP is looking for ways to pay for tax cuts. Your 401(k) may bear the cost.