[ClutchBand]

Im certainly living in a bubble, but I've always had the option through my 401k provider to adjust my allocations among a very broad range of options.

[Gunax]

You probably work for a sane private corporation.

From what I hear, lots of employers get royally screwed. Namely school districts and other small-gov employers. There is something about public schools that just love buying into high-fee 403b.