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View More Press Releases by Search401k

Press release:

Search401k Partners with PensionOnline to Offer Plan Contribution Tool

Issued by: Search401k

Date: Oct. 11, 2000

CONTACT - press only:
Anne Schneeman
Search401k.com
(651) 405-8840 ext. 210
aschneeman@search401k.com

David Heinsch
Padilla Speer Beardsley Inc. FOR IMMEDIATE RELEASE
(612) 872-3768
dheinsch@psbpr.com



Search401k Partners with PensionOnline to Offer Plan Contribution Tool
Agreement offers Analysis and Design options for Qualified Plans

MENDOTA HEIGHTS, MINN, October 9, 2000– Search401k today announced a partnership with PensionOnline, a leading provider of proposal software for the pension industry. The agreement will allow Search401k users to access a private labeled section of PensionOnline. PensionOnline, headquartered in San Francisco, illustrates the financial and tax advantages of a particular qualified plan. This Internet-based system produces proposals that compare and analyze different types of retirement plans so employers can easily see how the plans will affect their employees and their own bottom line.

The system can easily help the user design a plan with a particular budget, or a plan that will benefit the owner and other employees.

“It’s our mission is to provide comprehensive, up-to date, anytime, anywhere, access to information and analysis tools for the plan providers, employers, and employees” said Marco Brown President of PensionOnline. “Our system is designed to enable informed decision making at each stage of the defined contribution plan process. We strive to be the innovators and optimizers of the retirement planning process.”

Search401k offers quick, clear and equal comparisons of available 401(k) plans. The service offers provider ratings and compares administrative and investment expenses and fund returns. To date, 47 of the largest plan providers and 35 financial adviser groups representing 40,000 individual financial advisers have partnered with Search401k, which launched in July.

“We have made a commitment to continually seeking out services that add value to our clients– PensionOnline has a unique and meaningful tool that our clients can get excited about,” said Eric Schneeman, President and CEO of Search401k.

About Search401k
Search401k, based in Mendota Heights, Minn., uses the analytical power of its patent-pending data engine and the Internet to connect financial advisers with retirement plan providers, creating an economical and efficient marketplace for the 401(k) industry. Search401k is the premiere rating service of 401(k) providers, offering a quantitative way to measure service and technology. For more information, visit the company’s Web site at http://www.search401k.com.

About PensionOnline
PensionOnline, located in San Francisco, CA is the leading online provider of pension planning, proposal, design and compliance testing software for the defined contribution industry. PensionOnline’s mission is to provide comprehensive, up-to-date, anytime, anywhere access to information and analysis tools for the industry’s providers, sponsors, and participants. For more information, visit the company’s Web site at http://www.pensiononline.com.



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For more information: http://www.search401k.com

View More Press Releases by Search401k


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