History of 401(k) Plans: An Update

1979–1982— Several companies — Johnson & Johnson, FMC, PepsiCo, JC Penney, Honeywell, Savannah Foods & Industries, Hughes Aircraft Company, and Coates, Herfurth, & England (a San Francisco-based consulting firm) — developed 401(k) plan proposals, many of which officially began operation in January 1982. ................
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