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Report: #588041

Complaint Review: 401k Exchange - Greenacres Florida

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  • Reported By: 401k Exchange Victim — All Over Internet United States of America
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  • 401k Exchange 2230 Jog Road Greenacres, Florida United States of America

401k Exchange Did not fulfill the terms of their contract and refused to work things out. Greenacres, Florida

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I signed up with 401k exchange about 2 years ago.  I paid $8000 for their appointment setting program where I would be introduced to the decision makers of a company.  My objective was to get the appointment, discuss their 401k plan issues and provide a remedy via my services.  I received many appointments initially but most, if not all, were bogus appointments where the responder set the appointment to get them to quit calling.  I would go to the appointment and be told things that were contrary to the survey taken.  In other words, the survey said that company ABC was dissatisfied with their 401k due to fees and service, then the company would tell me at the appointment that everything was fine and they have no idea why the appointment was set.  401k Exchange initially gave credits and reassigned callers for my area.  But the quality of appointments stayed the same.  Out of 20 scheduled appointments, maybe 8 did not cancel in advance.  And of those 8, maybe 1 was a legitimate opportunity.  I still had to pay at least $1000 per appointment for the others.  When I brought this up to management, they kept blaming me even though I have documented conversations with plan sponsors that the appointment setter sounded desperate and misled them on the phone. 

This report was posted on Ripoff Report on 03/31/2010 06:23 PM and is a permanent record located here: https://www.ripoffreport.com/reports/401k-exchange/greenacres-florida-33415/401k-exchange-did-not-fulfill-the-terms-of-their-contract-and-refused-to-work-things-out-588041. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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