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 Rob Thomas |
SPRINGFIELD, Mass., Jan. 31 /CSRwire/ – Social(k), celebrated its fifth year of providing mission driven organizations low cost access to hundreds of SRI mutual funds for company retirement plans. An increasing number of larger plans (over $1 million in assets and over 100 employees) are adopting the platform, broadening their Corporate Social Responsibility initiatives.
“Social(k)’s inaugural years were focused on providing 401(k) and 403(b) plans to smaller, nimbler organizations looking to offer more than one or two Environmental, Social or Governance (ESG) screened funds in their company retirement plan. In 2010, larger mission driven organizations began to see the benefits to Social(k) when changing plan providers and we see that trend continuing into the future,” said Rob Thomas, Social(k) President.
Congratulations on Social(k)’s continued success!
You have a very unique niche, being the provider of retirement plans with the widest range of socially responsible investments. My company, Green Retirement Plans, is very pleased to offer Social(k) plans to our clients. We are seeing more interest from plan sponsors for retirement plans that give participants a way of expressing their values through their investments. For organizations, this enhances the value of the retirement plan, not just as an ordinary benefit, but also as an employee engagement tool. As more and more organizations seek to better their retirement plans, Social(k) will continue its lead as the provider of choice.