I have a 401k plan at work. I really do not like the way it is being
managed. Specifically, the fund choices are not great.

The most outrageous, is that the _money market fund_ is charging us
over 1% of asset value for "management". I think that it is obnoxious,
as they likely do not do much, and the returns certainly do not
compare to the expense of the management.

I have been with the Co. for a few years and accumulated a reasonable
amount of $$, most of which is in that god damn money market fund.

By now, the amount of money in the 401k account is enough to matter.

So, in short, I am pissed off.

Is there something, short of leaving my employer, that I can do? Such
as close the 401k and move it to IRA, and then reopen? I like my job
and would not leave, but I hate feeding those greedy bastards for
nothing in return.

By the way, I think that the 401k plans are greatly contributing to
financial instability, by giving essentially random people (fund
managers) control over large amounts of money that is not theirs. And
OPM (other people's money) always is a source of dumbest financial
decisions due to misalignment of interests.
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