By Dr. Jim Dahle, WCI Founder

I faced an interesting dilemma recently. Not only do I have a lot of influence over The White Coat Investor company 401(k), but I also serve on the committee for my partnership 401(k)/profit-sharing plan that covers several hundred docs in multiple states. It’s pretty much always been a great 401(k) the whole time I’ve been working, but a little tweak now and then isn’t a bad thing.

Trust me, I’ve seen PLENTY of bad 401(k)s that WCIers have sent me over the years. Companies and partnerships need to remember they have a fiduciary duty to their employees, and offering a slate of high-fee, poorly performing, actively managed mutual funds in your 401(k) is a great way to open yourself up to a lawsuit from a disgruntled current or former employee.

It was interesting to see how the assets in my partnership’s 401(k) were

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