There is a need for more retirement plan administration companies.
(I presume that assets owned by Blackrock, State Street, and Vanguard are actually owned by the account holders. These companies exert a lot of control through their board memberships and “little decisions the account holders are not asked about”.)
There is a need for more retirement plan administration companies.
(I presume that assets owned by Blackrock, State Street, and Vanguard are actually owned by the account holders. These companies exert a lot of control through their board memberships and “little decisions the account holders are not asked about”.)
You can opt out entirely and not save for retirement with any company.