How Supreme Court justices are leaning in major 401(k) case over private funds and underperformance

The Supreme Court heard a major case this week concerning an Intel retirement plan which could result in a decision that influences employers' appetite for private investments in 401(k)s. Many plan sponsors are in limbo, awaiting the Supreme Court decision and finalized Labor Department rules covering alternative investments before changing their 401(k) menu, even as the asset management industry is gearing up with new products.