The Online 401(k) Hires Vice President of Operations & Product Development Position added in response to fast-growing product development and operations departments

SAN FRANCISCO (March 27, 2007) – The Online 401(k), (www.theonline401k.com) the leading provider of full-service Web-based 401(k) plans for small and single-person businesses, today announced its hire of Brian Peachey as Vice President of Operations & Product Development.

Mr. Peachey brings to the company nearly 20 years of experience in the 401(k) and Defined Contribution industry. His career has provided him with exposure and knowledge of virtually all aspects of the industry. This extensive knowledge includes new business implementation, building of operational efficiencies through maximization of software capabilities and architecting additional proprietary systems, sales and marketing, and providing investment services to plan sponsors, participants and high-net-worth individuals.

At The Online 401(k), Mr. Peachey will oversee all aspects of the data management, compliance and service delivery for all clients. He will also focus on the development of new products while ensuring that The Online 401(k) is able to operationally sustain the impressive and continued growth that the firm has experience in recent years.

The Online 401(k) provides small businesses with from two to 50 employees with an easy-to-manage, low-cost, all-inclusive 401(k) solution that features plan administration (including all IRS filings), daily valuation recordkeeping, online plan design, 24/7 access to 401(k) accounts and a dedicated customer relationship manager. “We’re fortunate to have someone like Brian join our company,” said Chad Parks CFP^®, President and CEO of The Online 401(k). “His extensive knowledge and experience in management and leadership roles will allow us to stay ahead of our market driven organic growth.”

About The Online 401(k)

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 easily establish their 401(k) plan, thanks to a streamlined plan adoption process. The Online 401(k) offers a wide variety of investments to choose from on multiple platforms. Once the 401(k) plan is set up, employees can access 401(k) and investment education, select their investments and manage their individual 401(k) accounts – all from the convenience of their desktop.

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