(July 2, 2014 at 5:25 pm)Heywood Wrote: 1. Hobby Lobby doesn't make money on employee 401K plans. Its employees make money but Hobby Lobby does not. Contribution into employee 401K plans by Hobby Lobby is an expense for the company not a profit.
Unless hobby lobby is totally ignorant to common 401k investment practices, they certainly do! Most companies fund 401K's quarterly but extract your investment per paycheck. The company retains all of the interest on the funds between payments, which is quite the sum..
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