News Releases

Ascensus Appoints Two New Regional Vice Presidents

Michael Moschetta and James Swartz Join Retirement Plan Sales Team to Support Financial Advisors and Their Clients

 

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointments of Michael Moschetta and James Swartz as regional vice presidents on the firm’s retirement plan sales team.

Moschetta and Swartz are tasked with building and maintaining Ascensus’ retirement plan distribution networks by working with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners. Moschetta will report to Anthony Bologna, retirement sales divisional vice president of the eastern region, and Swartz to the soon-to-be-appointed head of the western region.

Moschetta will serve the Erie territory, covering Pittsburgh and upstate New York. He brings nearly 20 years of retirement experience across both recordkeeping platforms and investments, with a focus on consultative sales, relationship building, and financial acumen. He most recently worked as a regional vice president for CUNA Mutual Retirement Solutions and has also held retirement sales positions at Neuberger Berman, The Hartford, and Nationwide.

Moschetta earned his Bachelor of Science in Business Administration: Marketing from The Ohio State University. He also holds FINRA Series 6, 7, 63, and 65 designations.

Swartz will represent Ascensus in the newly established L.A. and Central Valley region, which was created to enhance sales support and coverage in California. Alongside counterparts in the Northern and Southern California regions, Swartz will tap into his 20+ years of retirement product, sales, and relationship management experience to serve advisors and their clients in the nation’s most populous state. He most recently held the position of senior regional sales manager for Securian Financial and has also held positions at Transamerica, SunGard, and Wells Fargo.

Swartz earned his Bachelor of Science in Business Administration & Finance from California State University, Northridge and his Master of Business Administration in Management from California State University, San Bernardino. He is an Accredited Investment Fiduciary® and holds FINRA Series 7 and 66 designations as well as a life insurance license.

“Adding Michael and James reaffirms Ascensus’ commitment to supporting advisors and their clients with high-performing individuals who build meaningful, lasting relationships and business alliances,” said Jason Crane, head of retirement sales at Ascensus. “In James’ case, the creation of a new territory also demonstrates Ascensus’ continued investment in distribution so that we may help more people save for what matters.”

 

About Ascensus

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Appoints New Regional Vice President

Jennifer Hinrichsen Joins Sales Team to Support Financial Advisors and Their Clients in the Florida Region

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Jennifer Hinrichsen as regional vice president of the firm’s retirement plan sales team for the Florida region.

In this role, Hinrichsen will work with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners—to build and maintain Ascensus’ retirement plan distribution networks. She will report directly to Chad Brown, divisional vice president, retirement sales.

Hinrichsen brings more than 20 years of retirement industry experience to her role and a reputation for building successful, mutually beneficial business relationships with advisors. Prior to joining Ascensus, she served as a senior consultant and external wholesaler at Principal Financial Group, working with financial professionals and corporate plan sponsors to design, implement, and deliver institutional non-qualified executive benefit solutions. During the course of her career, Hinrichsen has also worked for State Farm Insurance, Phoenix Wealth Management, MetLife Financial, and Manulife Financial. She attended Nova Southeastern University and holds several designations, including Chartered Financial Consultant® (ChFC®) and Financial Services Specialist (FSS), along with FINRA Series 6 and 63 licenses.

“Jennifer is a highly talented individual whose deep commitment to advisor support and business development makes her an ideal candidate to represent Ascensus in our Florida region,” states Jason Crane, head of retirement sales at Ascensus. “Her dedication to putting clients and individuals on the path toward healthy and fulfilling retirements aligns with our noble purpose of helping people save for what matters; we’re extremely pleased to have her join the Ascensus team.”

 

About Ascensus
Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our market insights and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Receives Top Honors for Exceptional Support from Retirement Plan Sponsors and Advisors

Firm Receives Most Best in Class Awards in <$50MM Segments in PLANSPONSOR Defined Contribution (DC) Survey and Wins 2019 PLANADVISER Adviser Choice Award

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce that it has received the most Best in Class Awards among all providers for plan segments up to $50 million in the 2019 PLANSPONSOR Magazine Defined Contribution (DC) Survey. This marks the second consecutive year that the firm has received the most overall awards for those retirement plan size segments. Overall, Ascensus won a total of 56 awards across the under $5 million, $5 to $25 million, and $25 to $50 million plan segments.

For over two decades, PLANSPONSOR’s annual DC Survey has been a significant retirement industry benchmark, measuring and evaluating 401(k) and other DC providers according to feedback from their own plan sponsor clients. “Plan sponsors rate their providers by category, and those ratings are compared to benchmarks to establish ‘Best in Class’ standards.”

Ascensus received PLANSPONSOR Best in Class recognition in the following categories:

  • 15 Awards for Technology;
  • 15 Awards for Plan Administration;
  • 9 Awards for Communication and Education;
  • 9 Awards for Sponsor Service/Support; and
  • 8 Awards for Investments and Fees.

The firm received Best in Class status for all plan segments up to $50 million in every possible category for Plan Administration and Sponsor Service/Support. The firm’s participant and plan sponsor websites also achieved “Best in Class” status across all of these segments, demonstrating that Ascensus’ approach to digital experiences continues to meet the needs of savers and employers. In 2019, Ascensus received nine more “Best in Class” awards in the $25 to $50 million plan segment relative to 2018, reflecting an added investment in products and services for growing businesses.

“We’re thrilled to see that our flexible, scalable service model and leading technology have enabled us to achieve notable recognition from both our small and mid-sized plan sponsor clients,” states Shannon Kelly, head of Ascensus’ retirement line of business. “Through our WellBusiness framework, we will continue to focus on providing value-add services and support that promote plan and overall business health for employers of all sizes.”

Ascensus has also been named a winner in the recordkeeping category of the 2019 PLANADVISER Adviser Choice Awards. The Adviser Choice Awards recognize the firms that retirement specialist advisors favor most as indicated in PLANADVISER’s annual Retirement Plan Adviser Survey. Ascensus received top rankings in the following categories:

  • #1 for Fee Clarity, Accounting, Disclosure, Benchmarking
  • #2 for Best Overall Service, Micro Plans (under $5 million)

“We’re delighted to receive this recognition from our plan sponsor clients and advisor partners,” states Rick Irace, chief operating officer of Ascensus’ retirement line of business. “These phenomenal results validate that our expert service and technology continue to deliver on our purpose to help clients and their employees save for a more secure retirement.”

Ascensus will be honored as a 2019 PLANSPONSOR DC Survey Standout and PLANADVISER Adviser Choice Award winner at the 2020 PLANSPONSOR/PLANADVISER Excellence in Retirement Awards on March 26, 2020.

 

About Ascensus
Ascensus helps millions of people save for what matters—retirement, education, and healthcare. Our market insights and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com. Explore the Ascensus’ latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.


Ascensus Adds Healthcare Actuarial Services, Expands Retirement and Consumer-Directed Healthcare Administration Capabilities with Agreement to Acquire Nyhart

Nationally Renowned Employee Benefits Consulting Firm to Become Part of FuturePlan by Ascensus

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has entered into an agreement to acquire Nyhart, an employee benefits consulting firm that provides retirement (defined contribution, defined benefit, and actuarial) and healthcare actuarial services along with consumer-directed health and benefit continuation administration. Nyhart will immediately become part of the FuturePlan by Ascensus line of business.

Headquartered in Indianapolis, Indiana, Nyhart serves more than 2,400 clients in all 50 states from 9 strategically placed locations. With client assets that exceed $20 billion, the firm specializes in bringing a consultative approach to large, complex plans and is home to a talented employee population that features nearly 100 actuaries, employee benefit consultants, and administrators. Nyhart works with a diverse client base that includes states, cities, and municipalities; professional services firms; public sector entities; healthcare systems; religious organizations; and higher education institutions. Along with its retirement and healthcare solutions, the firm also offers Votaire, a proprietary health and financial wellness platform that allows employers to provide employees with the tools to help them develop a plan for reaching their financial goals.

“Nyhart’s unique strengths complement our already broad service offerings at FuturePlan and immediately increase our capacity to serve larger, more complex plans,” states Jerry Bramlett, head of FuturePlan. “We’re pleased to welcome Lisa Hague and her management team along with Nyhart’s exceptional group of associates—their skills and expertise will further strengthen our competitive edge in the retirement and benefits industry.”

“At Nyhart, we consistently look to hire and invest in high-quality people in order to provide the best possible service throughout our lines of business,” says Lisa Hague, Nyhart’s chief executive officer. “As part of FuturePlan, we can access the resources of a larger organization to the benefit of our clients while still providing them with the personalized experience and creative solutions that they’ve come to expect from us.”

“Nyhart has an outstanding track record of success, client focus, and service quality over multiple decades,” notes Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “It is a highly reputable and well-run company positioned for growth through the cultivation of strong industry relationships and the delivery of differentiated solutions to a diverse client base.”

“With this acquisition, we significantly expand our retirement and healthcare offerings on a national level while leveraging Nyhart’s healthcare actuarial solutions as a new service to our distribution partners and current and prospective clients,” concludes Nandagopal.

 

About Ascensus
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.

 

About FuturePlan by Ascensus
FuturePlan by Ascensus is the nation’s largest retirement third-party administrator, combining high-touch local service with the strength and security of an industry leader. A line of business within Ascensus, FuturePlan’s dedicated team serves more than 46,000 retirement plan sponsors in more than 40 locations across the country as of September 30, 2019. For more information, visit futureplan.com.


Ascensus Appoints Dan Basile as Head of Product for the Firm’s Retirement Line of Business

Industry Veteran Will Shape a Robust Retirement Solutions Roadmap Tailored to Clients’ and Savers’ Needs

Dresher, PAAscensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Dan Basile as head of product for the firm’s Retirement line of business.

In this role, Basile will lead retirement product strategy and development initiatives. He will also work closely with other business lines to advance integration opportunities and innovation efforts across the organization. Basile will report to Shannon Kelly, head of Ascensus’ Retirement line of business.

Prior to joining Ascensus, Basile spent nine years at BlackRock, most recently as managing director and head of product management for the firm’s U.S. & Canada defined contribution business. He led product efforts across both institutional and advisor-sold sales channels, while overseeing the team responsible for all aspects of product delivery, including pricing, implementation, and driving the technology agenda. Basile started his career as a pension benefit administrator at MetLife and has over 20 years of retirement industry experience covering nearly all aspects of the business, including plan design and administration, implementation, investments, and systems project management. He received a Bachelor of Arts degree in Mathematics from Gettysburg College and holds his Series 7, 66, and 24 licenses.

“Dan’s vast experience and deep domain knowledge make him an excellent choice for shaping our strategic vision for retirement products and services,” states Kelly. “With his leadership, we will continue to work with leading institutional and distribution partners to help meet the savings needs of our retirement plan clients and their employees.”

About Ascensus

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. Explore the firm’s latest data and insights on savings behaviors at pulse.ascensus.com and view career opportunities at careers.ascensus.com.

 


Ascensus Enhances Retirement and Employee Benefits Administration Capabilities with Agreement to Acquire Goldleaf Partners

Multi-Faceted TPA Adds to FuturePlan by Ascensus’ Geographic Footprint and Product Offerings

Dresher, PA—Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has entered into an agreement to acquire Goldleaf Partners, a third-party administrator (TPA) that provides retirement administration and fiduciary, employee benefits, payroll integration, consumer-directed health, and COBRA services to a diverse set of clients across the country. The firm will immediately become part of the FuturePlan by Ascensus line of business.

Headquartered in Bloomington, Minnesota, Goldleaf Partners’ business and services model helps clients concentrate on their core business by reducing their administrative task load. It delivers superior service by developing client-centric relationships, exceeding expectations, and deploying innovative solutions. Goldleaf Partners services clients nationwide and is committed to providing dedicated support that addresses each client’s unique needs.

“Goldleaf Partners is well-known for excellence and expertise in employer services,” states Jerry Bramlett, head of FuturePlan. “Their 100+ highly skilled professionals—along with their reputation for innovation and unparalleled service—will be welcome additions to FuturePlan.”

“We strive to be our clients’ most engaged and responsive partner so that they can focus on managing and growing their businesses,” says Michael King, Goldleaf Partners’ founder and chief executive officer. “New and existing clients of Goldleaf Partners can rest assured in the knowledge that, as part of FuturePlan, we’ll put them and their objectives first so that we can continue to deliver the best service experience possible.”

“In Goldleaf Partners, Ascensus is acquiring a well-respected and dynamic TPA that provides a highly desirable combination of services,” says Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “The firm embodies the qualities we look for as we continue to execute on our growth strategy: a market-leading reputation, favorable geographic footprint, and solid leadership team combined with a strong company culture and an unrelenting dedication to servicing its clients.”

 

About Ascensus
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.


Ascensus Appoints New Regional Vice President

Jonas Merk Joins Sales Team to Support Financial Advisors and Their Clients in the New York Metro Region

Dresher, PAAscensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Jonas Merk as regional vice president of the firm’s retirement plan sales team for the New York Metro region, covering New York City, Long Island, and Westchester County.

In this role, Merk will work with financial advisors, third-party administrators, and financial institutions—including institutional and DCIO (defined contribution investment only) partners—to build and maintain Ascensus’ retirement plan distribution networks. He will report directly to Anthony Bologna, divisional vice president of the eastern region, retirement sales.

Merk brings more than 15 years of retirement industry experience to his role, including expertise in all aspects of distribution, brand exposure, and assisting partners to scale their practices. Prior to joining Ascensus, he served as a regional vice president for Nationwide Financial, where he achieved several notable accomplishments that included development of a top five sales territory (NY Metro) and recognition as NAPA DC Wingman. Merk attended Montclair State University and holds his FINRA Series 7, 66, and 63 licenses.

“In addition to routinely achieving exceptional results for himself and his partners, Jonas possesses interpersonal skills that allow him to develop long-term, trusting relationships with clients,” says Jason Crane, head of retirement sales at Ascensus. “Adding someone of his caliber demonstrates Ascensus’ ability to attract and retain high-end talent, and is indicative of our commitment to help people save for what matters most.”

 

About Ascensus

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.