Buck Hartzell

They generally have a pretty good 401k.

And you can look up the Form 11K.

There's also a Form 5500 as well that every company has to file.

And you can kind of go through there and see their plan assets and see what does this company have as investment choices within their own plan.

And as you know, bro, we have an investment policy statement for our plan.

So that's where we lay out.

And you can always ask your employer for what's the investment policy statement for that plan.

And we've had a lot of people come up to you and I over the years from The Motley Fool and say, we should have this fund in our plan.

I'm like, first thing is, okay, well, just to let you know, we have an investment policy statement that involves some criteria that funds have to meet.

Most of the time, they don't meet those.

Generally, in the past, it's been on because their fees are higher than what

we allow within our fund, but having a look at that investment policy statement is useful as well.

The other thing I'd say that sticks out to me on what you said, which is different, everybody has to know their own company as well when they go through this process.

We were fortunate to work at a company that said, this is a priority for us, and our goal is to maximize the delivered benefit that we give to the people who are receiving this.

In a lot of companies, it's different.

So you have generally an HR person or people that are in charge of administering the plan.

They report up to usually the CFO or the finance department.

If they look at it as a cost center and their goal is to minimize the cost that's delivered to the company instead of maximizing the benefit that's delivered to the participant,

They run it in a different way, as you know, brothers, different things you can do within those plans.

And the sponsors will kind of catch on to that, right?