Folio Institutional, a division of FOLIOfn, has teamed up with Alliance Benefit Group Carolinas to offer a turn-key, web-based 401(k) platform that offers transparency, simplicity, low cost and is customizable. It includes custody, trading, recordkeeping and administration, and is available to advisers for just 95 basis points.

The investment choices on the platform include well-diversified target-date funds that offer investors a choice of varying risk, including conservative, moderate and aggressive, and pre-set portfolios of exchange-traded funds.

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