When was the last time you logged into your account or studied your 401k statement?  Many plans have reduced the number of investment choices and may have selected different funds for your portfolio.

 Reuters reports companies are shaking up their 401(k) retirement plans, trimming lists of mutual fund  offerings and shaving the fees workers pay as they prepare for new federal rules that will put more plan  information in front of employees.

 Last year, 63.8% of 401(k) plans changed their investment lineup; in contrast, fewer than 20% did so in 2009.

The spotlight is on plan fees, which have been the subject of numerous lawsuits in recent years, and which will have to be disclosed clearly in dollar terms to plan participants, starting May 31, 2012