Managing 401(k) is a job for pros
The point being that Boeing employees (and now most others) have to come home after a long day’s work in the factory and spend a few hours at night nurturing the retirement plan; a very stressful situation. To do it means losing peace and leisure time and not to do so means disaster in the future. You can see why companies are anxious to get rid of this burden. To meet expected retirement goals for their employees would mean hiring investment consultants at great cost. It’s much better for them to dump the whole job on the individual employee. Good luck to all of them.