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Local Business Picks Gasoline Alley as Home

Local Business Picks Gasoline Alley as Home

Published 10-06-05

Submitted by Social(k)

Springfield, MA- Social(k) is proud to announce Gasoline Alley as home. Social(k), a paperless retirement platform offering over 30 Socially Responsible Mutual Fund choices, will be headquartered at 250 Albany Street Springfield, Massachusetts. Social(k) helps companies align their retirement assets with corporate and employee beliefs.

"Our business model fits perfectly with the other businesses located here. Joe Sibila has worked hard to create an environment of sustainability and corporate growth. With businesses like Habitat for Humanity, Re-Store, Meadowbrook Lane Capital, CSRwire, and The Salon, the atmosphere fosters corporate responsibility and sustainability. This is a learning curve for many of us and Gasoline Alley hosts like minded businesses that can share ideas and grow with each other " said Rob Thomas, President of Social (k).

Social(k) was developed to fill a need in the retirement plan marketplace. Today, many companies work hard to be better corporate citizens. From recycling to energy conservation, from community involvement to corporate diversity, from shareholder advocacy to socially responsible investing, these companies look to make a positive contribution to the local and global communities they serve. Social(k) is a defined contribution platform powered by ExpertPlan, that allows the alignment of retirement assets with corporate and employee beliefs. Social(k) has more screened socially responsible mutual funds available than any other retirement plan. The platform allows companies to invest for profit and principle. Social(k) facilitates the movement of assets from companies that are operating in an unsustainable manner, allowing employees to make a positive contribution to sustainable business activities. As economist Albert Hirschman said in his book Exit, Voice and Loyalty, "voice without exit lacks force." Social(k) offers a chance for employers and employees to pool their voice. Moving a billion dollars to sustainable businesses will send a message to Corporate America.

For more information go to www.socialk.com.

About The Gasoline Alley Foundation.

The Gasoline Alley Foundation is a non profit 501(c)3 organization designed to 'teach inner city and underprivileged persons to be successful entrepreneurs using socially responsible/sustainable business practices". The Foundation is located on Gasoline Alley in Springfield, Massachusetts where they operate a small business incubator and financial literacy training facility. Recently, the Massachusetts Technology Collaborative Renewable Energy Trust presented the Foundation with a grant for facilities expansion and renovations for sustainability while creating an environmental learning center. Over forty businesses have been incubated in the past twenty years and there are nine for profit and non profit entities presently in operation.

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Social(k)

Social(k)

Social(k) is a retirement plan platform with over 200 Environmental, Social and Corporate Governance, ESG, screened funds, rather than the usual one or two. In addition Social(k) offers over 2000 traditional funds to provide employees greater choice when determining portfolio mix. Social(k) is the first choice for mission driven organizations operating in a sustainable manner. Social(k) works with your existing advisor or we can refer someone from our network of over 500 advisors. Whether you have a plan or are just looking to offer one let us show you how we offer a sustainable investing advantage to your employees.

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