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Products March 29, 2010
RLP Capital Launches Green 401k
RLP Capital, Inc., has launched The Green 401k, which offers more than 130 socially responsible mutual funds, as well as over 8,000 traditional mutual funds.
Reported by Rebecca Moore
The firm said the solution is designed for organizations with at least 100 employees, and RLP Capital will assume the role of plan co-fiduciary, taking on legal responsibility for the management of the plan.
In addition, RLP has incorporated into the solution a proprietary socially conscious ratings system developed exclusively for clients of The Green 401k. The system assigns each mutual fund one of five different ratings ranging from “not socially responsible” to “exceptionally socially responsible” for those funds exhibiting the strongest social and environmental screening criteria.
More information is available at www.thegreen401k.com.