The Online 401(k)’s Redesign of Plan Sponsor and Participant Sites Makes 401(k) Plans Easier to Understand and Manage

The Online 401(k)’s new sites make 401(k) plans simpler for small businesses to use

SAN FRANCISCO (September 6, 2005) – Decimal, Inc.,(www.theonline401k.com) the leading provider of full-service Web-based 401(k) plans for small and single-person businesses, today announced the rollout of its redesigned Web sites for both employers and employees using its flagship product, The Online 401(k).

The new site's features allow small businesses and their employees to be more proactive with their 401(k) plans. Employers can more easily manage their 401(k) plan, using features such as an interactive Owner's Manual, tips for working with participants as well as a complete compliance calendar , which helps sponsors keep up with compliance updates and news. The new site also offers more robust reporting on key metrics for the plan, such as participation rates, assets in the plan and contribution percentages. Most significantly, the new sites allow financial advisors who work with a small business's 401(k) plan to control and manage the investments for each client through a single Web site.

Employees now have access to investment education that is more relevant as the education provided on the site is presented in context of life events (starting a family, changing jobs) and age. Also, 401(k) plans without a financial advisor relationship now can take advantage of My Financial Advice, (www.myfinancialadvice.com), a pay-per-use financial advisory service that gives employees access to a network of financial advisors.

All of these new features, which are conveniently bundled into one affordable solution, are not usually available to small businesses.

The Online 401(k), which exclusively serves clients (or companies) with less than 100 employees, surveyed its client base of 1,800 small businesses and took their input into consideration for the redesign of its Web sites.

Chad Parks, CFP^® and CEO of Decimal says, “Launching an entirely new Web site is always an exciting project for a company and a major milestone. We are pleased we can continue to bring even more convenience and efficiencies to our clients while staying true to our core promise of simplicity and affordability.”

Small businesses interested in learning more about The Online 401(k) can request a quote at www.theonline401k.com and automatically receive a customized proposal via e-mail.  Small businesses can then easily establish their 401(k) plan, thanks to a streamlined plan adoption process.  Decimal offers a wide variety of investments to choose from through Charles Schwab & Co., Inc.'s One Source^® platform. Once the 401(k) plan is set up, employees access 401(k) and investment education, select their investments and manage their individual 401(k) accounts – all from the convenience of their desktop.

For more information on The Online 401(k), please visit www.theonline401k.com.

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