Judge examines Boeing 401(k) plans

A federal judge has begun to investigate whether Boeing mishandled the 401(k) plans it offered to its employees under a class action lawsuit filed on behalf of 190 Boeing employees that alleges the company failed to uphold its fiduciary duties by allowing excessive fees to go unchecked, choosing higher-cost retail mutual funds over cheaper options, and improperly making 401(k) plan decisions to benefit vendors. The lawsuit has been in court for nearly ten years.