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Lockheed's 'DIY' 401(k) Funds Lagged Rivals, Court Told

By Jared Foretek ( March 27, 2026, 11:13 PM EDT) -- An attorney for Lockheed Martin employees blasted the aerospace giant's in-house retirement investment funds in Maryland federal court Friday, arguing that it failed in its fiduciary duty to change course when its investment arm kept fees high and consistently underperformed a market full of comparable options....

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