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man holding golden egg and nest Asset manager-sponsored plans are also more complex in their investment offerings, which makes sense given the makeup of their participants. (Photo: Getty)

Asset managers running the 401(k)s for their own employees differ in some important aspects from 401(k)s in general, according to research from the Callan Institute, and while some of those differences are beneficial, other differences perhaps aren’t suitable for participants overall.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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