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Posted on 12/08/06 by Cowden Associates, Inc.

A series of breached-fiduciary complaints filed against several high-profile Fortune 500 companies could shake the foundation on which 401(k) plans operate if a favorable ruling or cash settlement is scored by the plaintiffs...

"...I can see them making these points. [401(k) plans] are the biggest asset many people have, and they're going to pay attention," states Jere Cowden, CEO of Cowden Associates, a benefits consulting firm based in Pittsburgh.

Continue reading at Benefitnews.com...

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