They must by law do
what all other corporations do and that is called due dilligence in administration of 401K funds, The cottage industry of «Christian» funds does not have a net
yield or beta
equivalent net
yield after cost so they would be putting their employees personal nest eggs in a riskier product.
According to the Institute of Education Sciences (IES), the primary overseer of research within the Department of Education, «scientifically based research» fits the following criteria: It randomly assigns its test subjects to comparable groups; it
yields reliable, measurable data; if the study makes any claims about
what causes its effects, it «substantially eliminates plausible competing explanations»; its methods are clear enough that other researchers can repeat or extend them; and, finally, the study has been accepted by a peer - reviewed journal or
equivalent panel of «independent experts.»