Hobby Lobby 401(k) employee retirement plan-INCLUDES companies that produce emergency contraceptive

[joeglow3]

10. And the fund manager would tell them to pound sand

Any 401(k) worth its salt would be primarily index funds, meaning there is no say, as the investment is really in the overall index (Large Cap, Small Cap, Growth, Income, foreign, domestic, etc.). Additionally, any single employer's plan is a blip on the radar of the overall fund, so they would have little to no say.

Or, they could argue they want an investment in the companies so they can have legal standing to attend shareholder meetings and voice their concerns. There are groups that buy shares in food companies so they can attend the annual meeting to push for changes in how processed foods are prepared. I would not say these groups are hypocritical to their views for taking this approach.