1POINT ADMINISTRATIVE SERVICES OF NASHVILLE ANNOUNCED TODAY THE RELEASE OF ITS NEW PLATFORM FOR THE TIMOTHY 401K PLAN
Nashville, TN -- (PRnetwire) -- JULY 10, 2001 -- 1Point Administrative Services of Nashville announced today the release of its new platform for the Timothy 401k Plan. This turnkey 401(k) plan is composed of The Timothy Plan's eight (8) mutual funds and 1Point's Daily Valuation qualified retirement plan record-keeping services.
When asked what makes the new 1Point 401k unique, Timothy Plan CEO Art Ally stated, "The Timothy Plan is the first pro-life, pro-family, biblically-based mutual fund group. We screen out companies that are involved in abortion, pornography, anti-family entertainment, non-married lifestyles, alcohol, tobacco and gambling. Our investors are able to use their financial clout to help promote the biblical values in which they believe."
The Timothy Plan mutual funds have been operating since 1994 and currently have $76 million assets under management. The Timothy Plan is distributed by Timothy Partners, Ltd. Member NASD.
1Point's President Barry Stokes, agreeing with Ally added, "Because of 1Point's investment in technology, we are able to create and have in operation customized 401(k) platforms before other record-keepers get past the planning stage. We are proud the Timothy Plan has selected us to provide this service for employers who desire the Timothy Plan and their high quality, principled fund selections."
ABOUT 1POINT ADMINISTRATIVE SERVICES
1Point Administrative Services is a benefits administrative firm that handles the outsourcing of Flexible Spending Accounts, COBRA, non-qualified deferred compensation as well as 401(k) record-keeping services.
ABOUT THE TIMOTHY 401K PLAN
The Timothy 401k Plan will be marketed nationwide through qualified financial advisors. Any advisor wishing to be added to the network should contact Stephen Ally of The Timothy Plan. For more information on 1Point's services please contact Barry Stokes.
Contacts:
Stephen Ally
The Timothy Plan
1304 West Fairbanks Avenue Winter Park, Florida 32789
800-846-7526 Voice
407-644-4574 Fax
stephen@timothyplan.com
www.timothyplan.com
Barry R. Stokes
1Point Administrative Services, LLC
223 8th Ave North, Suite 201
Nashville, TN 37203
615-242-1900 voice
615-985-0118 fax
brstokes@1point401k.com
WEBSITE URL: http://www.1point401k.com
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