Make Mine Managed.

Once upon a time, employees had almost total control over their 401(k)s. They selected their own funds from the investment options provided by their plan sponsors, made their own allocations and decided when they wanted to buy and sell. And, for a while, it was good.

Then, however, the stock market plummeted precipitously, and many plan participants who expected to take early retirement found themselves wondering if they would ever be able to stop working. Some sued their employers. Most, though, decided not to decide, turning over retirement plan selections to financia