By now most have you have received the Vanguard letter about Fedex making subtle changes to our 401k plans. Basically, it costing less to manage your money. Fedex is a multi national world wide company. Our gain (however minimal it is) is someone else'es significant loss. Fedex and Vanguard have essentially outsourced the men and women responsible for managing our portfolios and given them to Vishnu. This latest propaganda letter is pure corporate cutthroat.