DRESHER, Pa., April 8, 2019 /PRNewswire/ -- Ascensus— whose technology and expertise helps millions of people save for retirement, education, and healthcare—has announced that its TPA Solutions group will become FuturePlan by Ascensus. This communicates the independence, flexibility, expertise, and investments in technology that Ascensus has brought together to create the nation's largest retirement third-party administrator (TPA).
FuturePlan by Ascensus, which encompasses 42 locations throughout the country, services more than 34,000 plans with 30 different recordkeeping partners. The group's expertise includes defined contribution plans, defined benefit (traditional and cash balance) plans, ESOPs, specialty plans, and 3(16) fiduciary services.
"FuturePlan by Ascensus gives advisors and plan sponsors a new way of thinking about retirement plan administration," said Jerry Bramlett, who heads the group. "We're able to provide high-touch, local service backed by the tremendous resources of a large national organization, including a deep bench of talent, significant ongoing technology investments, data security infrastructure, in-house ERISA expertise, and many other advantages. Because we have a deep commitment to independence and don't sell investments, we can offer advisors and plan sponsors the flexibility to choose the recordkeeper or investment solution that fits best with their individual needs."
Over the past few years, Ascensus has welcomed many of the nation's leading retirement plan TPAs and experts to its organization in creating America's largest TPA. FuturePlan by Ascensus unites this family of acquired TPAs under one division that offers unrivaled value to clients throughout the country and across many different plan types. Many legacy owners and leaders have chosen to remain with the firm, which is a testament to Ascensus' thoughtful and diligent approach to integration.
"Most of our senior leaders are legacy firm owners—they're excited to be part of the ambitious national firm that we're building together," Bramlett continued. "We've worked hard to preserve the unique strengths and insights from each legacy company while moving to a common workflow, introducing shared service standards, and improving efficiency through better technology, HR, and administrative functions."
To learn more about FuturePlan by Ascensus, please visit futureplan.com.
About FuturePlan by Ascensus
FuturePlan by Ascensus is the nation's largest retirement TPA, combining high-touch local service with the strength and security of an industry leader. A business division of Ascensus, FuturePlan by Ascensus' dedicated team serves more than 34,000 retirement plan sponsors in 42 locations across the country. For more information, visit futureplan.com.
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most—retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. View career opportunities at careers.ascensus.com.