ETFs are still not easily accessible in 401(k) plans, but there are firms out there trying to integrate them.
Recently, CLS Investment Firm announced it will collaborate with a retirement plan administrator, custodian and a record-keeping firm to form a partnership and solve the problems associated with ETFs in 401(k) plans, according to Jesse Emspak for Investor's Business Daily
They are not disclosing the strategy or how the record-keeping will be handled. This is understandable as ETFs have yet to be implemented effectively in retirement plans.
Will this partnership be able to create a record-keeping system that can provide those services yet retain the flexibility for plan participants to freely buy and sell ETFs within their accounts?