A new labor plan is reportedly allowing private equity to access workers' 401(k) retirement accounts. The move is said to expand investment options for 401(k)s, although some outlets suggest it may also increase the influence of wall street and private equity on these accounts. The specifics of the plan's impact are unclear, with some describing it as a "greed grab" and others suggesting it could transform 401(k)s into old-fashioned pensions or provide access to new assets.