Investment Adviser Announces ‘Green’ 401(k)

The retirement plan solution for small and medium-sized plan sponsors is offered in partnership with Vestwell and Ubiquity Retirement + Savings.

Carbon Collective, an online investment adviser focused on climate change, has launched a “green” 401(k).

The retirement plan solution is provided in partnership with Vestwell and Ubiquity Retirement + Savings. Plan sponsors that sign up for the offering will be a client of either Vestwell or Ubiquity, and Carbon Collective provides portfolio management. The company says the 401(k) offering works with all cloud-based payroll providers.

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Carbon Collective creates and manages three categories of investment portfolios: climate-focused, environmental, social and governance, and generic retirement date. It says its 401(k) portfolios cover more than 80% of U.S. stocks by market cap.

Vestwell and Ubiquity both charge a flat platform fee plus a fee per employee per month, and Carbon Collective charges a standard management fee of 0.25% of all assets under management per year. The company says the fee is midrange for small and medium-sized plan sponsors.

“Enable employees at your company to save for retirement in low-fee, diversified, mission-driven portfolios,” the company’s website says.

FRIDAY FUN – March 18, 2022

And now it's time for some FRIDAY FUN!

A new use for a baby’s play seat, surprising company on a zipline, and more.

When you picture a herd of Bison, you might think of them roaming the plains of the Midwest, but recently, a herd was rounded up in Maine. UPI reports that 11 bison escaped from a private farm in Fort Fairfield on Wednesday morning and the animals wandered more than a mile to Quoggy Jo Ski Center in Presque Isle. Police said the owner of the animals believes the bison’s escape might have been caused in part by another large animal damaging the farm’s fence; however, the investigation into the escape is ongoing.

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In Glenview, Australia, a woman recently called police when she heard a glass break in her kitchen late at night. However, it was not a burglar—it was a Carpet python! Sunshine Coast Snake Catchers was able to capture the intruder, and it was later released.

In Miami, Florida, a man who traveled there to officiate a friend’s wedding checked into his Airbnb around 2 a.m. He said the home was unlocked, “the bed was made and ready to go, and there were two clean folded towels waiting for me,” according to UPI. But, later that morning, someone knocked at the door, and when the man answered it, another man looked at him and said, “Hey, can I help you? This is my house.” It turns out the Airbnb was the house next door.

An alternative use for a baby’s play seat. If you can’t view the below video, try https://youtu.be/VN4VoMkOQpg.

In Costa Rica, a boy had surprising company on a zipline. If you can’t view the below video try https://youtu.be/vuN3sMfckoA.

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