The Associated Press: New and improved 401(k) a possibility in 2010

The Associated Press: New and improved 401(k) a possibility in 2010: "When the stock market hit its all-time high in October 2007, few investors questioned the merits of their 401(k) plan. Two years later, their feelings are different.
As many investors continue to nurse the wounds of losing more than a third of their retirement savings, many question if there isn't a fundamental flaw in 401(k) plans. Should the system be scrapped and replaced with something without all the risk?
Though the volume of the calls for change have quieted a bit as the stock market soared about 60 percent since March, legions of investors remain anxious their 401(k) might them down again.
There are several ideas floating around Congress that include increased disclosure of fees in mutual funds and new regulations about 401(k) investment advice."