<prompt> Human: 1. Passively managed index funds would not lower costs as an index fund outside of a 401k plan would typically because Paychex mandates that certain low-cost funds like index funds have to pay a premium to be in the 401k plan to ensure they there is still some benefit to them. Typically, this premium brings the cost of the index fund in line with the other funds I have chosen for the plan.2. Passively managed index funds do not outperform actively managed forms if you select the right actively managed funds through a sophisticated screening process which I use based upon prior performance, management tenure, performance relative to category, etc. Furthermore, index funds prevent you from putting funds in the plan that can target certain industries that have a better propensity to do well3. The admiral share class wouldnt be available within the 401k plan  <response>: Your 401k manager probably gets a cut of expense ratios charged by the actively managed funds, as do several other middlemen all the way up the tree, that are all basically conspiring to get a piece of your retirement by limiting your choice. So, yeah, the 401k manager, Paychex, the fund salesperson, and the fund managers have a great back-scratching chain which ensures theyre all getting paid -- of course theyre going to have a list of reasons why their method is the best. 