<prompt> Human: I work for a small company with 6 or 7 employees. My boss offers no benefits besides a 401k matching program up to 3.5. He said since only a few employees participate the fees are costing him a fortune. He wants to switch us to what he refers to as a Simple 401k with 3 matching. I just received all the paperwork and its an IRA, not a 401k. Should I be concerned about this?  <response>: Should I be concerned about this?The most common match is no match, so complaining about it doesnt seem right to me. 