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Characteristics and Efficiency of 401(k) Investment Menus (PDF)
University of Michigan Retirement Research Center [MRRC] 
May 19, 2008 Excerpt: This paper assesses the efficiency and performance of 401(k) investment options offered by a large group of US employers. We show that the majority of plans is efficient compared to market benchmark indexes. Three performance measures underscore the fact that these plans tend to offer a sensible investment menu[.] [Working paper 2008-176] MORE >> |
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