Metropolitan Life Insurance Co. and American Express Financial Advisors have introduced a 401(k) service for small businesses.

Informed(K) is the two companies' joint offering. It is designed for companies with fewer than 500 employees.

MetLife will provide record keeping, administration communication, and investment services. American Express will provide financial planning and seminars.

The service, introduced last week, offers mutual funds from American Express, MetLife, and six outside fund families.

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