The Online 401(k) Expands Investment Options and Offers Customization to Its Existing Customers

SAN FRANCISCO (September 5, 2002) - Decimal, Inc. (www.theonline401k.com), the online retirement company, is offering its customers, during the month of September, the opportunity to add mutual funds of their choice to their existing list of mutual funds available in their 401(k) plan. This opportunity is meant to enhance the service provided to The Online 401(k)™’s customers and it allows The Online 401(k) to showcase the advantages of its neutral and unbiased investment platform.

“As the stock market conditions change and ever evolve, more people are taking a closer look at their retirement strategy to make sure that they remain on target with their goals. The 401(k) is the number one vehicle for Americans’ retirement and many 401(k) participants are looking closer at not only the selection of funds they have in their 401(k), but also at the fees they are paying on their investments”, said Stephan E. Kyle, Co-Founder and Vice President of Corporate Operations of Decimal, Inc.

“What The Online 401(k) is doing is allowing our customers to go back to their employees and ask them what other funds, besides the 30 already available through The Online 401(k) pre-screened fund list, they would like to see added in their plan. This is a great way for us to add value to our clients and this is a great way for our clients to show they care about and are paying attention to their employees’ financial future”, explained Stephan E. Kyle.

”We are very pleased to be able to create this kind of value for our customer. Very few 401(k) providers are able to open up their investment platform on a one on one basis for each of their customers. Because we have not negotiated specific compensation from the mutual funds we offer, we can truly be unbiased and independent when it comes to the investments. This is key and this has been the core of our success all along”, said Chad Parks, CFP, President and CEO of Decimal, Inc. “Business owners understand that not all 401(k) plans are created equal when it comes to fees thanks to the many discussions, articles and government attention that are developing around this important topic.”

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 1-877-775-401k or through www.theonline401k.com.

E-mail us at press@theonline401k.com
or call us at 877.775.401k.