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Single(k) exceeds year-end sales figures
Single(k) provides owner-only businesses with 401(k) plans
SAN FRANCISCO (February 1, 2007) – Single(k) (www.single-k.com), a leading Web-based 401(k) provider for owner-only businesses, exceeds 2006 year-end sales figures.
With 29% year over prior year in sales growth, it’s safe to say that Single(k) had a
successful year in 2006. Chad Parks, CFP® and CEO of Single(k) says, “This is a
great achievement for us. It’s exciting to see that the product is being recognized by
sole-proprietors who are looking to save for their retirement.”
Single(k) was created in 2002 to provide owner-only businesses with an affordable
401(k) plan tailored to their needs. Although there are many similar 401(k) plans,
Single(k) is one of the few 401(k) plans that allows entrepreneurs to take a loan
option out of their 401(k) plan – a key benefit for start-ups and owner-only
businesses.
In 2006, Single(k) added a Roth feature to its solution and was voted “Best
Retirement Plan if You’re Self-Employed” by Kiplinger’s in its November 2006 issue.
Whether it’s the traditional Single(k) or the Roth Single(k), both plans are costeffective,
costing just $149 a year, and they provide an easy way for a sole
proprietor to maximize his or her retirement savings.
About Single(k)
Single(k) is a 401(k) provider for owner-only businesses or those with part-time
employees only. This includes sole proprietorships, partnerships and corporations.
Single(k) offers a wide variety of investments from which to choose. It’s a smart,
affordable alternative to the products with hidden fees present in the overwhelming
majority of 401(k) providers. For more information on Single(k) and its services
please visit www.single-k.com.
E-mail us at press@theonline401k.com
or call us at 877.775.401k.
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