Decimal, Inc. Provides Enhanced Flexibility with Recorkeeping Only Services to Small Businesses and Third Party Administrators

SAN FRANCISCO (December 4, 2001) - Decimal, Inc. (www.theonline401k.com), the online retirement company, now offers a Recordkeeping Only version of its web-based 401(k) product, The Online 401(k). The Recordkeeping only version allows small businesses to use The Online 401(k) daily valuation recordkeeping platform while working with the Plan Administrator of their choice for the plan administration and testing of their 401(k) plan. The service is also an attractive option for Plan Administrators looking for an alternative to insurance companies’ recordkeeping platforms.

The cost of the Recordkeeping only services is a flat fee of $125 per month, which covers the first 25 employees. There is a $9 per quarter, per employee fee once the company reaches over 25 employees. The Online 401(k)’s regular $495 setup fee also applies. Small businesses and their employees enjoy 24/7 access to their online account, access to 30+ mutual funds from 20 different fund families and live customer support.

“The recordkeeping only service is a very good option for a small business that is already using a separate recordkeeper and plan administrator and is very happy with the administration part of their 401(k) but wishes to change their investments”, said Chad Parks, President & CEO of Decimal, Inc. “We see small businesses with outdated recordkeeping solutions that offer only quarterly valuation, that have limited investment choices, high fees, sometimes hidden asset-based fees, or simply poor service. In addition to servicing small businesses, we are also anticipating working with Plan Administrators looking for a recordkeeping platform that can deliver state of the art daily valuation combined with a low cost. We certainly help that Plan Administrator present a quality, compelling 401(k) solution to their clients.”

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.

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