About Us
Internet Investment Education, LLC, was founded in 1998 by Darwin Abrahamson in response to the overwhelming demand for online investment education and the need for hi-tech solutions for delivering services to 401(k) plans. Capitalizing on eighteen years of experience working with pension plan sponsors, administrators and plan participants, Mr. Abrahamson developed the Internet based service which offers institutional funds and services for 401(k) plans.
Competitive Pricing Advantage
Internet Investment Education, LLC (IIE) is “first to market” with a competitive pricing advantage not available from other 401(k) service providers. IIE offers plan sponsors a reduction in annual fees and expenses, which are 40 to 50 percent less than most plan service providers. Our services include: plan design and installation, annual compliance and transaction processing for online trading, as well as online investment education on the concepts and principles of sound investment management.
Our pricing advantage is made possible through IIE’s proprietary software and the integration of technology between our strategic partners, which include Barclays Global Investors (BGI), CornerStone Consulting, The Wolf Pension Group, Paychex, Circle Trust, and Dimensional Fund Advisors (DFA).
Institutional Funds
Through our strategic relationships with Dimensional Fund Advisors and Barclays Global Investors, IIE is able to offer institutional investment funds as an investment option. BGI is the world's largest institutional investment manager, and the world's largest provider of structured investment strategies such as indexing, tactical asset allocation, and quantitative active strategies. BGI managed more than $800 billion in assets as of 12/31/00, and over 1,500 funds, which track over 200 global indexes.