Supreme Court Rules for Northwestern Employees in Retirement-Plan Case - WSJ

They also alleged that the high number of investment options caused confusion and poor decisions by plan participants.

SCOTUS accepting this argument and ruling in its favor could have terrible consequences for employer sponsored plan options going forward.

How many is too many? You could have 10+ target date funds to meet current employee retirement dates. So is that 33% or 50% of the options?

And since when is fewer options better?

Employee plans aim to meet the objectives of entry level and C-suite employees of all ages and investment philosophies. They need a broad mix of funds and asset classes to meet everyone’s needs. That, or we need to just let people pick their own registered investments and stop treating them like children with their own money.