Search401k Partners With Online 401(k) Plan Provider, Emplanet.

MENDOTA HEIGHTS, Minn., Nov. 29 /PRNewswire/ --

Search401k, the 401(k) plan comparison and rating service, today announced a partnership with Emplanet, Inc., a pioneer of the next generation in 401(k) products and services. Emplanet is joining the company's Web-enabled service that efficiently connects plan providers with financial advisers to speed the 401(k) search and selection 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 over 40,000 financial advisers have partnered with Search401k, which launched in July.

"Emplanet uses the full power of the Internet to automate 401(k) management," said Eric Schneeman, president of Search401k. "We are pleased to be working with such a progressive plan provider."

Emplanet, which stands for EMPloyee PLANs on the InterNET, employs the efficiencies of the Internet and advanced technologies to deliver a fully automated e401(k) service that is easy to administer, costs a fraction of traditional 401(k) plans and provides a better experience for employees.

"Before Emplanet, the time and expense needed to administer a 401(k) plan prevented many small and mid-sized companies from offering this critical benefit," said Doug Manchester, CEO of Emplanet. "We're excited about this partnership with Search401k. Emplanet's low-cost, fully automated e401(k) service, coupled with Search401k's broad selection of plans, allows advisors to compare, select and set up customized 401(k) plans online quickly and easily."

About Emplanet

Created in early 2000 by accomplished leaders in the 401(k) industry, Emplanet, Inc. is revolutionizing the 401(k) business by delivering the industry's first fully automated, low-cost e401(k) for financial institutions and businesses. Emplanet works closely with institutional partners and businesses to develop customized Internet services that are available in as little as 30 days. Moreover, Emplanet provides ongoing technology development and support to ensure that its private-label partners are delivering best-in-class functionality, security and scalability to members. Emplanet's unique participant services and interactive Web format for plan participants ensure maximum participation in retirement savings plans. Venture-backed by Oak Hill Capital Partners, Emplanet is headquartered in Westborough, Mass. For more information on Emplanet, visit http://www.emplanet.com .

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 use of technology. For more information, visit the company's Web site at http://www.search401k.com