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[DSanner106 AT aol.com]

Yes,
     In most cases, your employer has a management firm  running your 401k 
program and
it is entirely independent of the company. If your business goes under the  
stocks etc, are
still yours and don't change in value.
 
Drew
 
 
In a message dated 10/25/2008 9:23:53 A.M. Eastern Daylight Time,  
Clansgian AT wmconnect.com writes:

Same  thing that happens if your stock broker goes under.  You still own the  
stocks.

If the employer goes under, the portfolio of stocks still  exists 
independently and will then be managed or disbursed by whoever  recieves (is 
in 
recievership of) the defunct  business.


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