[sootzoo]

> Run the math, if you are paying 2% fees, you are getting straight up robbed. If your employer doesn't offer low-fee index funds, it would be worth your while to make sure that they get some onto your 401k portfolio.

Worth my while, true, but maybe not worth theirs. More flexibility comes at a higher price from the 401k vendor, a crucial part of the scam here. Employers can offer "a 401k" as a benefit but might not view this as a tax-sheltering vehicle through profit sharing or discretionary matching--they could simply see it as yet another benefit expense. As with all employers offering benefits, some are more generous than others. Most employees don't know/care to pressure their employer to offer better investment options, or would prefer to have other benefits improved instead.