California Payroll Announces Partnership with The Online 401(k)

October 2006

Partnership Offers Clients Integrated Payroll And 401(K) Packages

Brentwood, CA - October 24, 2006 - California Payroll, a leading regional payroll services and HR software provider, today announced its partnership with The Online 401(k)TM, the leading provider of full-service Web-based 401(k) plans for small and single-person businesses. The partnership will enable businesses to access a comprehensive payroll and 401(k) solution free from hidden fees.

Both California Payroll and The Online 401(k) are dedicated to providing customized solutions that outshine the approach of most large organizations, while delivering a cost-effective and robust solution. Both organizations share a focus on solutions that are easy to use and powerful enough to meet the unique requirements of small businesses.

The Online 401(k) introduced its offering to small businesses as a smart, affordable alternative to those products with hidden fees that are present in many 401(k) providers. The integrated solution between The Online 401(k) and California Payroll enables small businesses to directly manage their 401(k) plan online while also making dedicated personal client care a top priority.

Chad Parks, CFP® and CEO of The Online 401(k) states, "California Payroll directly complements the way that The Online 401(k) works and gives small businesses the best of both worlds: a comprehensive solution previously available only from large organizations, with the personalized attention of a regional firm. We are looking forward to enhancing California Payroll's offering with our 401(k) solution, which suits the needs of their clients and is easy to get up and running as well as maintain."

Henry Lonsdale, President of California Payroll comments, "By partnering with The Online 401(k), we bring an integrated solution to our clients, enabling them to streamline their 401(k) process. California Payroll clients will benefit from an integrated payroll and 401(k) program that is much easier to implement and manage."

Small businesses interested in learning more about The Online 401(k) can request a quote at www.theonline401k.com/go/californiapayroll and automatically receive a customized proposal via e-mail. Companies can easily establish their 401(k) plan, thanks to a streamlined plan adoption process. Once the 401(k) plan is set up, employees access 401(k) and investment education, select their investments and manage their individual 401(k) accounts, all from the convenience of their desktop.

The Payroll & HR Press Releases page is sponsored by Midland HR & Payroll Solutions

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