Originally Posted by La literatura
The fact is that it did create a 401k. It's involved, and the question that opens this thread appears oblivious to that. If government weren't involved with 401k plans, we wouldn't have 401k plans.
If honestchieffan wants a more accurate thread title, as I think he should, he could consider something like, "Do you want the government to prevent fraud with your 401k plan?"
You can't possibly believe that HCF is unaware of the fact that 401Ks were created by the government.