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.