GoldK specializes in providing low-cost 401(k) plans, particularly for sponsors with smaller plans. The capital will be used to "extend GoldKs lead" in that area and affirms the companys success to date, said Jeff Miller, president and CEO. "There can be no greater endorsement of GoldK's accomplishments and our future than their renewed financial commitment."
Both investors lauded the companys management team. "As investors, were excited by what the company has achieved and where it is headed," said Jim Brown, managing director of TH Lee Putnam Ventures.