1Point Launches the 'SR401K Plan,' a Fully Diversified Socially Responsible 401k Plan

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

1Point Launches the 'SR401K Plan,' a Fully Diversified Socially Responsible 401k Plan

SUBSCRIBE/UNSUBSCRIBE |

Conservation & Wildlife

Corporate Responsibility

Science & Technology

Syndication Partners

**************************************************************************

E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE

**************************************************************************

For Immediate Release

1Point Launches the 'SR401K Plan,' a Fully Diversified Socially Responsible 401k Plan

NASHVILLE, TENNESSEE, Jul. 25 -/E-Wire/-- Socially responsible investing has exploded in the last decade.

Today $1 of every $10 is invested in a socially responsible strategy. Some retirement plans have added one or two socially responsible options to their plans, but few offer participants the ability to have a fully diversified 401(k) plan that invests in a socially responsible manner.

1Point Administrative Services of Nashville, Tennessee, announced today the release of its SR401k® Plan. This plan allows plan sponsors to provide participants a fully diversified, socially responsible 401(k) plan.

The SR401k® is composed of 17 mutual funds from eight different fund companies. The SR401k® provides participants the ability to create a fully diversified portfolio with varying degrees of risk tolerance. It is also fully compliant with Department of Labor 404(c) regulations.

1Point President Barry Stokes stated, "We are pleased to be able to launch this innovative, socially responsible 401k plan. 1Point has specialized in creating customized, daily valuation 401k platforms, and this particular platform will meet the needs of a growing number of sponsors and participants who value socially responsible investing.'

The participating fund companies are Ariel, Calvert, Citizens, Domini, IPS, Meyers Pride Value, Neuberger Berman, Parnassus and Women's Equity. 1Point's screening process of mutual funds ensures full coverage of the equity style boxes as well as a diversity of social screening policies.

Mr. Stokes said, "We felt a responsibility to provide both quality and diversity of SRI funds to allow each participant to create an allocation to meet their individual investment objectives. 1Point also provides asset-allocation models from which participants may choose. These models are created for Income, Conservative Growth and Aggressive Growth.'

The 1Point SR401k® will be marketed by a network of financial advisors. If a sponsor does not have a financial advisor, 1Point can direct them to a local advisor who is knowledgeable in socially responsible investing and the SR401k® plan.

Any financial advisor who wishes to be added to the network should contact 1Point Administrative Services. The web address for this plan is www.sr401k.com.

1Point Administrative Services, LLC

http://http://www.sr401k.com

**************************************************************************

To Transmit Your News Over E-Wire, visit http://www.ewire.com or

call 1-[REDACTED-PHONE]. E-Wire Is Broadcast To Millions Of Readers Worldwide

**************************************************************************

1993 - 2003. All Rights Reserved.