Why I Waited to Offer a 401(K)

I could find good employees while offering average benefits, but it was better to offer above average benefits to get above average results. This leads me to one of the top benefits, the 401(k).

The Origin of the 401(k) Plan

The Origin of the 401(k) Plan? Where did the idea for a 401(k) plan originate? Why is it called a “401(k) plan” in the first place?