When you pointed out that a mutual fund is freely engaged in, you made my point.
The point you are trying to make is that Hobby Lobby should not allow their employee's 401(k) to be invested in any companies which produce abortifacients or contraception. The point you are completely missing is, they don't do that. The money is invested in mutual funds.
They don't have to invest in mutual funds, there are alternatives, including not investing, if they can't find anything that doesn't offend their beliefs.
Clearly you haven't a whole lot of experience in investing in mutual funds. It's not like Hobby Lobby invests in mutual funds like The Morning After Fund, or Value Abortions Growth, or Diaphram Technology Fund. Hobby Lobby uses American Funds, T Rowe Price and Vanguard to manage the retirement plan. There are 12 funds available to them in which to invest, 9 of the funds having holdings in companies like Teva Pharmaceutical, Bayer, and Pfizer (and all 12 at one time or another have had those same companies in the funds). Teva makes one of my cholesterol medication. Bayer makes my aspirin. Pfizer just kills people. These are huge drug companies that make many different medications. Contraceptives are only part of the mix, and a really small part, at that.
Certainly HL could make the effort, on behalf of their employees, to find mutual funds or other investments that don't assault your sensibilities, like the Timothy Plan, or Ave maria Funds, or the Catholic Values Fund, which doesn't invest in companies that don't involve abortion or those which go against the traditional family values (porn, pro-gay anything, etc. Catholic Values Fund's top holding is Haliburton, arguably the epitome of big, evil corporations, though, so there's that little problem.
They could have Vanguard or someone craft a special fund just for Hobby Lobby, but it would cost a lot more and would almost certainly bring a lower return. The costs of managing that type of a 401(k) is likely not even feasible at all. But the reality is, if one or more of Hobby Lobby's funds include Teva or whoever, it almost certainly doesn't for any length of time. The funds Hobby Lobby offers employees are "actively managed," meaning someone is picking stocks and moving them in and out of the portfolio regularly. One day the fund could have Teva, and the next day no Teva at all.
That they're willing to ignore what their investments pay for [and what their purchases from Chinese vendors enable, like forced abortion], but draw the line at what their workers engage in, says their beliefs are pretty much situational.
It doesn't say their beliefs are situational at all. It says that they won't provide free contraception and abortifacients for their employees, because doing so is against their religious beliefs. What their workers engage in is up to the workers. It also says that they won't allow strawmen logical fallacies like Chinese vendors being enabled to engage in forced abortion simply because Hobby Lobby buys from them to enter the mix (how
do you come up with this stuff?).
Like I said, exposing and calling out hypocrisy is right in my wheelhouse. It's one of my most richly fulfilling hobbies. Investing in a mutual fund is about one thing - getting a decent return on your money. That's it. That's as far as it goes. There is nothing hypocritical at all with Hobby Lobby investing 401(k) money in large, proven mutual funds in order to obtain a decent return for their employees. Hypocrisy would be Hobby Lobby buying individual stock in companies that manufacture contraceptives and abortifacients. Hypocrisy would be having an contraceptives and abortifacients aisle in their stores. Hypocrisy would be sponsoring a float in the Oklahoma City Gay Pride Parade.