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The Nerdifool:

Appreciated your remarks and the information is valuable. One problem though,..I am the top guy & the trustee was selected with input from employees.

I might also say that we have fourteen funds to choose from and the selection of funds is much better than what they orginally suggested. I a strong supporter of Vanguard, but have been alittle frustrated that they aren't available, except under terms as you outlined.

Main reason for a local bank, is because we are a statewide company and the employees wanted local offices that they could go into a receive counsel and advice.

I feel strongly enough about the plan that I'm rolling by defined benefit amount into this new 401K, even though I am only one year from retirement. I have other sources of income, which I will live on for the first three or four years of retirement, to give the 401K a chance to grow before I start drawing on it.

Thanks again for your advise and information, even if I licking a few wounds. Happy trails......
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