The complaint against the bank alleged Flagstar breached its fiduciary duty by allowing its 401(k) plan to invest in its own Flagstar common stock at a time when bank executives knew such an investment was imprudent.

While the average 401(k) balance can, over time, provide a sense of the direction in which things are moving, it tells you very little about the adequacy of the overall average savings to fund an individual retirement.

Washington state certified 35 plans Wednesday to be part of the exchange developed under President Barack Obama's health care overhaul.