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Family Values
Join Date: Jun 2003
Location: Los Angeles, CA
Posts: 4,075
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401k plans are a huge pain for companies. Sure, they are better than pension plans, but there is a ton of red tape and constant checking to ensure that they don't get top heavy. All of that is at a cost to the company. It's not free. So taking away a match is only a portion of the overall costs of running a 401k that a company pays.
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- Joe
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. - William Pitt
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