Hobby Lobby 401(k) invests in birth control makers

Published April 2, 2014 8:49pm ET



WASHINGTON (AP) — The company leading the legal challenge against birth control coverage under the new health care law offers its workers a retirement plan that includes investments in companies making contraceptive and abortion drugs.

Hobby Lobby Stores Inc. has a 401(k) plan featuring several mutual funds investing in pharmaceutical firms that produce intrauterine birth control devices, emergency contraceptive pills and drugs used in abortion procedures, according to Labor Department documents and a review of fund portfolios.

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