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Decimal, Inc. Broadens the Distribution of its Web-based 401(k) Solution to the Insurance Industry Through a Partnership with CFG Insurance Services
SAN FRANCISCO (June 7, 2001) - Decimal, Inc. (www.theonline401k.com), the online retirement company, announced today that CFG Insurance, a Minnesota-based Insurance Broker specialized in Benefits, Risk and Human Resource Consulting, has selected The Online 401(k) as a strategic partner for small employer 401(k) plans. The Online 401(k) solution is a great fit for CFG’s growing base of high tech clients.
The Online 401(k) is now available to CFG’s rapidly growing customer base of over 2,500 commercial clients across the U.S. CFG’s sales force counts 38 brokers and 4 retirement plan specialists who will actively market and sell Decimal’s 401(k) solution as part of CFG’s suite of Benefits and Human Resources solutions.
Throughout the 401(k) sales process, CFG’s sales representatives will leverage The Online 401(k)’s efficient online tools such as the Online Quote Request and Online Plan Design. Once a CFG customer has established The Online 401(k) plan for its employees, CFG’s account representatives will complement the solution’s efficient online features, such as The Online Enrollment Meeting, with the personal hands-on touch that CFG’s customers are accustomed to.
"CFG’s mission for the last 25 years has been to help business owners and executives understand that one of their most important roles as "head coach" is to be the best recruiter and "drafter of talent". Incorporating a quality, best-of-breed online 401(k) solution into our offering is clearly allowing us to stay true to this mission", said Eldon Oldre, President of CFG Insurance.
"We are very pleased that an established insurance provider like CFG has chosen Decimal to provide a Web-based 401(k) solution to their customers", said Chad Parks, CFP, President & CEO of Decimal, Inc. "The Online 401(k) is a great fit for regional insurance companies looking to differentiate themselves from the large insurance companies. It offers a solution that surpasses the traditional insurance company’s 401(k) offering on many fronts, including broader investment options, no hidden costs, no asset-based fee and ease-of-use."
About CFG Insurance Services, Inc.
CFG Insurance is an Insurance Broker specialized in Benefits, Risk and Human Resource Consulting. For over 25 years, CFG’s team of specialists in human resources, retirement plans, employee benefits, property/liability and workers’ compensation have helped more than 2,500 commercial clients achieve their goals and vision. CFG Insurance is located in Minnetonka, MN and can be reached at 1.800.258.3190 or through www.cfginsurance.com.
About Decimal, Inc.
Decimal is an online retirement company that offers a new breed of Web-based retirement plans that combine attentive customer support with cost effective Web delivery. Founded by a team of industry experts, Decimal’s first product is The Online 401(k); an all-inclusive, 401(k) solution designed for small businesses and related distribution channels to provide convenience, savings and service. Decimal also serves the one-person business retirement market with its web-based retirement plan called Single(k)™. The company is headquartered in San Francisco, CA and can be reached toll-free at 877-775-401k or through www.theonline401k.com.
E-mail us at press@theonline401k.com
or call us at 877.775.401k.
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