(This is a simplified version of an earlier question I posted - I want to try to get back to basics so I can understand the principles involved in my decision)
Given the following two options:
Employer matching 1% of gross pay in an IRA with heavy fees for active investing and the opportunity to buy stocks with a fee of $50 per 10 shares (but having your money sit in savings account purgatory until you can make a large enough purchase that the frictional cost won't kill you);
Not taking the employer matching but taking the same amount of money and investing it in the same securities you would have in scenario #1, but this time taking advantage of lower brokerage fees and making better use of dollar-cost averaging, etc.
Is it worth it to take the 1% matching? What are the deciding factors (taxes? the match being so large as to eliminate any worry of your money essentially sitting as cash? something else entirely?)
*edit re: fees - the fees are pretty much only levied when you actively invest with the brokerage (e.g. $50 per 10 shares if you buy stocks on your own, or significant management fees if you go with the funds that they offer). If you just match, then you don't get hit with the fees, but you get an interest rate that is comparable to a brick-and-mortar bank checking account.