News Releases

Ascensus Appoints New Regional Vice President

Todd Engman Joins Sales Team to Support Financial Advisors and Their Clients in the North Region

Dresher, PA—Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Todd Engman as regional vice president on the firm’s retirement plan sales team for the North region, covering Minnesota, Wisconsin, North Dakota, and South Dakota.

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

Engman has more than 10 years of retirement industry experience in relationship management, business development, and sales. He most recently served as 401(k) regional sales director for Lincoln Financial Distributors and has also held positions at Ameriprise Financial and Baker Tilly Investment Advisors. Engman earned his Bachelor of Arts degree in English from the University of Wisconsin-Madison and was recognized on NAPA’s Top 100 DC Industry Wholesalers list in 2017.

“Our financial advisors and their clients will benefit from Todd’s deep knowledge of retirement plans along with his strong strategy and communication skills,” said Jason Crane, head of retirement sales at Ascensus. “We’re fortunate to have him as part of our sales team in the North region.”

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 Barb Yearout as President of Chard Snyder

Leading Employee Benefit Provider Poised to Continue Client Success and Growth

Dresher, PA. – Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—is pleased to announce the appointment of Barb Yearout as president of Chard Snyder, a third-party administrator (TPA) of employee benefit solutions. Ascensus acquired Chard Snyder in April 2018.

Yearout, who has served as Chard Snyder’s vice president of operations for over three years, will assume responsibility for leading the vision, strategy, and growth of the organization at the end of September. This will coincide with the recently announced retirement of founders Joy Snyder and Ken Chard, whom Yearout will succeed. Well versed in operations, sales, account management, and people leadership, Yearout brings more than 25 years in the employee benefits/TPA industry to her new role.

Before joining Chard Snyder, Yearout held many leadership positions in the benefits industry. These include roles with Express Scripts, where she oversaw management and delivery of healthcare reform initiatives and market development for health plans, and UMR, where she led operations and account management. Yearout earned her Bachelor of Arts degree in Pre-Personnel and Industrial Relations from the University of Cincinnati and has a certificate in Senior Management from Xavier University.

“We’re extremely grateful to Joy and Ken for co-founding Chard Snyder and making it the industry leader that it is today,” said David Musto, president of Ascensus. “Their vision throughout the company’s history of exploring new distribution channels and implementing cutting edge technology made clients’ lives easier through a personal approach that included responsiveness, flexibility, and education.”

“It will be exciting to watch Barb and Chard Snyder’s high-performing leadership team continue to build upon Joy and Ken’s foundation as we drive the business to the next level,” Musto concluded.

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.


New Cash Balance Retirement Plans Increase 15%, Plan Sponsor Contributions Up 30%

Cash Balance plans continue rising as the fastest growing sector of the retirement plan market, driven by small business demand and retirement savings shortfalls

Los Angeles, CA – Kravitz, Inc., an Ascensus company, today released the 2018 National Cash Balance Research Report, showing a 15% net increase in the number of new Cash Balance plans and a 30% rise in employer contributions. The 2018 report is the firm’s 10th annual review of the Cash Balance market, tracking a decade of double-digit annual growth as favorable legislation and wider public awareness continually increased the popularity of these IRS-qualified plans.

There were 20,452 Cash Balance plans active in 2016, the most recent year for which complete IRS reporting data is available. Also known as “hybrid” plans, Cash Balance plans combine the high contribution limits of traditional defined benefit plans with the flexibility and portability of a 401(k). Growth was expected to be slightly slower in 2016 due to election year uncertainty and possible changes to tax rates, but these factors did not ultimately impact the market. In fact, employer contributions to Cash Balance plans soared 30% to $38.2B up from $29.3B in 2015, for total plan assets of $1.03T.

“Cash Balance plans are particularly appealing to small business owners who need to catch up on delayed retirement savings,” said Dan Kravitz, head of Kravitz. “In many cases they can double or even triple their pre-tax retirement savings. Employers also typically increase contributions to employee accounts 50% or more when adding a Cash Balance plan, and that’s a vital competitive edge in a very tight labor market.”

Key findings from the 2018 National Cash Balance Research Report:

  • Small businesses are driving Cash Balance growth: 92% of Cash Balance plans are in place at firms with fewer than 100 employees; 57% have 10 or fewer employees.
  • Companies with Cash Balance plans increase their contributions to employee retirement savings 50% or more:The average employer contribution to staff retirement accounts is 6.9% of pay in companies with both Cash Balance and 401(k) plans, versus 4.7% of pay in firms with a 401(k) plan alone.
  • California and New York have the most plans overall while the fastest growth has been in Georgia and Michigan:California and New York account for 25% of all new Cash Balance plans followed closely by TexasOhio, and FloridaGeorgia is a regional powerhouse with close to 29% year-over-year growth in new plans.
  • IRS regulations allowing broader Cash Balance investment options have accelerated growth in new plans: The “Actual Rate of Return” option and other new investment choices approved in the 2010 and 2014 Cash Balance regulations made these plans more flexible for employers and removed certain funding issues. The number of large plans using Actual Rate of Return is now 39%, up from just 10% five years ago.

These and other highlights for the 10th annual National Cash Balance Research Report will be discussed during the Cash Balance Outlook 2018 webcast led by Dan Kravitz on Tuesday, September 18 at 11 a.m. Pacific/2 p.m. Eastern. Registration is free and open to anyone interested in learning more about Cash Balance plans.

Download the 2018 National Cash Balance Research Report here.

Register for the Cash Balance Outlook 2018 webinar here.

For more information, call Dan Kravitz at 818-379-6162 and visit CashBalanceDesign.com.

 

About Kravitz

Since 1977, Kravitz, an Ascensus company, has delivered the latest in design, administration, and management of corporate retirement plans. The company designed its first Cash Balance plan in 1989. Today Kravitz, Inc. administers over 1,400 plans, including more than 950 Cash Balance plans, helping over 160,000 people retire successfully. Headquartered in Los Angeles, the company has offices in New YorkChicago and Atlanta, with satellite offices in 11 other states. Kravitz was acquired by Ascensus, Inc. in 2017. Visit CashBalanceDesign.com.

 

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.

 

SOURCE Kravitz, Inc., an Ascensus company

Related Links

https://www.cashbalancedesign.com


Ascensus Enters into Agreement to Acquire PenSys

Addition of Highly Respected TPA Increases Firm’s Scale and California Presence

Dresher, PA—Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—has entered into an agreement to acquire PenSys. The third-party administration (TPA) firm will immediately become part of Ascensus’ TPA Solutions division.

Based in Roseville, California, PenSys is a nationally recognized TPA that specializes in the design, implementation, and administration of defined contribution, defined benefit, and cash balance retirement plans. The firm, which also offers 3(16) fiduciary services, has established a strong reputation for providing creative plan design and high quality service.

“PenSys is one of the most highly respected TPAs in the country due to their focus on designing plans to meet clients’ unique needs and their use of technology to enhance personal service,” says Jerry Bramlett, head of TPA Solutions. “Their addition to Ascensus TPA Solutions goes a long way toward helping us build a national TPA that offers a broad set of services and resources to financial professionals, employers, and employees.”

“Since 1995, we’ve worked hard to make PenSys a partner who understands what service really means to financial professionals, CPAs, and their current and prospective clients,” states Bryan Jacobson, PenSys’ chief executive officer. “We’ll continue to offer the best possible solutions for establishing and maintaining their retirement plans as part of Ascensus.”

“PenSys is a high integrity business with excellence in plan design, actuarial consulting, and 3(16) services complemented by their open-architecture business model,” says Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “This acquisition not only expands our California footprint significantly, but also adds to our capabilities to service clients nationally. We are delighted to welcome their clients and associates to the Ascensus family.”

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.


CalSavers Board Selects Ascensus to Administer New Retirement Program

New program to serve 7.5 million California employees who lack a workplace retirement plan

Dresher, PA—Ascensus—whose expertise and technology helps more than eight million people save for retirement, education, and healthcare—has been selected by the California Secure Choice Retirement Savings Investment Board to administer the CalSavers Retirement Savings Program. In a competitive bidding process that included several leading financial services firms, Ascensus was identified as the strongest program administrator.

Ascensus was selected for its unparalleled knowledge of retirement plan administration, deep experience in plan design for other state-run investment programs, state-of-the-art technology, IRA and compliance expertise, and successful administration of the first two state-sponsored retirement programs, OregonSaves and Illinois Secure Choice.

“We’re honored to partner with California on this program in support of the retirement goals and dreams of its residents,” said Kevin Cox, head of government savings at Ascensus. “Our society is facing a savings dilemma that is leaving millions of Americans unprepared for some of life’s biggest milestones, especially retirement. We share in California’s mission to close this savings gap, and CalSavers constitutes a major step on that journey.”

Roughly 57 percent of private-sector employees in California do not have access to an employer-sponsored retirement plan—yet people are 15 times more likely to save if they have the tools to do so through their employer. By providing a low-cost, automatic savings vehicle to employers, CalSavers will help expand plan access to more than 7.5 million Californians, helping to rectify this disparity.

Set to launch statewide in 2019, CalSavers will be run by a board of directors chaired by California State Treasurer John Chiang. For more information about CalSavers, visit: https://www.treasurer.ca.gov/scib/.

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 Joins the Symitar Vendor Integration Program (VIP)

VIP Will Enable Ascensus to Integrate with Episys to Help Clients Save Time and Reduce Risk

Dresher, PA—Ascensus, a technology-enabled solutions provider that helps more than 8 million Americans save for the future, today announced that it has joined the Symitar® Vendor Integration Program (VIP). Participation in the program will provide Ascensus with access to Symitar’s technical resources to enable IRAdirect express™ to integrate with Episys®—the leading data processing system in the United States in all asset ranges over $50M. The VIP is designed to help ensure that Symitar’s customers can easily deploy third-party products.

After the integration with Episys via SymXchange™, IRAdirect express will give Ascensus’ clients the ability to enter IRA transactions to their core processing system and IRAdirect in one easy step. They can post to both systems in real time, making IRA transactions easier and more efficient while helping to avoid common input errors.

IRAdirect express integrates with Episys via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer which governs these interactions.

“Ascensus is excited to join the Symitar VIP, as integrating will allow users to experience increased IRA processing accuracy while reducing their risk of non-compliance,” says Steve Christenson, Ascensus’ executive vice president of retirement and health services. “As a result, our clients will be able to spend less time on back-office administration and more time growing their businesses.”

The service is expected to be available on August 13, 2018.

Symitar’s VIP takes the customer out of the middle, providing vendors with direct access to Symitar’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.

About Ascensus
Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

View career opportunities at http://careers.ascensus.com/page/show/tpa and careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.

About Symitar
Symitar®, a division of Jack Henry & Associates, Inc. (NASDAQ:JKHY), is a provider of integrated computer systems for credit unions of all sizes. Symitar has been selected as the primary technology partner by more than 800 credit unions, serving as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information about Symitar is available at www.symitar.com.

About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its solutions serve almost 10,600 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.


Ascensus Announces Agreement to Acquire 401k Plus

Firm’s TPA Solutions Division Expands Physical Presence in Texas Along with Defined Benefit and Defined Contribution Expertise

Dresher, PA—Ascensus, a technology-enabled solutions provider that helps more than 8 million Americans save for the future, has entered into an agreement to acquire 401k Plus. The third-party administration (TPA) firm will immediately become part of Ascensus’ TPA Solutions division. Retirement Asset Advisory, Inc., a registered investment advisor co-owned by 401k Plus’ owners, is not a part of the transaction and will continue to be managed separately.

Based in Arlington, Texas401k Plus provides employers with comprehensive benefit and benefit plan administrative and consulting services. The firm specializes in developing and administering participant-directed 401(k) plans, but also offers cash balance plans, traditional defined benefit plans, profit sharing plans, and money purchase pension plans.

“As an organization, 401k Plus does a phenomenal job of getting to know their clients so that they can understand their businesses and employees,” says Jerry Bramlett, head of TPA Solutions. “This high-touch approach to service aligns nicely with the way that TPA Solutions engages with clients—we’re looking forward to strengthening our team through the addition of 401k Plus’ associates.”

“At 401k Plus, we’re proud of our reputation for providing efficient, accurate, and affordable services to our clients,” states John Cole401k Plus’s owner and vice president. “We’ll continue to build on this reputation as part of Ascensus as we work to develop retirement plan solutions that are tailored to the needs of companies and their employees.”

401k Plus is a highly respected qualified plan administrator in Texas,” says Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “In addition to establishing our TPA Solutions market presence in this important geographic region and continuing to expand our national footprint, this acquisition supports our growth strategy by increasing our defined contribution and defined benefit expertise to support current and prospective client needs.”

About Ascensus

Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

View career opportunities at careers.ascensus.com/page/show/tpa and careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.


Ascensus Adds to Retirement Expertise with Agreement to Acquire Continental Benefits Group, Inc.

TPA Solutions’ Client Base to Benefit from Influx of Experience

Dresher, PA—Ascensus, a technology-enabled solutions provider that helps more than 8 million Americans save for the future, has entered into an agreement to acquire Continental Benefits Group, Inc. (Continental Benefits). The third-party administration (TPA) firm will immediately become part of Ascensus’ TPA Solutions division.

Based in Burlington, New Jersey, Continental Benefits specializes in tax-qualified retirement plans—like 401(k), profit sharing, cash balance, and pension plans—along with non-qualified deferred compensation plans. The firm’s plan administrators are experienced in tackling the day-to-day complexities of retirement plans from compliance testing to distribution processing, while its consultants possess intricate knowledge about sophisticated plan designs than can help employers maximize plan benefits.

“TPA Solutions is looking forward to welcoming Continental Benefits’ associates and incorporating their skill sets into our business,” says Jerry Bramlett, head of TPA Solutions. “Members of Continental Benefits’ actuarial & plan consulting and administration teams average nearly 20 years of experience; we’ll put the expertise they’ve acquired over that time to good use in helping individuals prepare for retirement.”

“At Continental Benefits, we understand the challenges that business owners face, including rising taxes and business expenses, retaining talented employees, and others,” states David Hanisco, Continental Benefits’ vice president. “Joining Ascensus will make us even better equipped to design retirement programs that meet plan participants’ needs while helping employers work toward accomplishing their own retirement goals.”

“Continental Benefits is an ideal addition to our company from business, geographic, and cultural standpoints,” says Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “We are delighted to welcome their clients and associates to Ascensus.”

About Ascensus

Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

View career opportunities at careers.ascensus.com/page/show/tpa and careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.


Ascensus Acquires INTAC Actuarial Services, Inc.

Leading Service Provider Expands Its TPA Presence While Strengthening Defined Contribution and Defined Benefit Expertise

Dresher, PA— Ascensus, a technology-enabled solutions provider that helps more than 8 million Americans save for the future, has entered into an agreement to acquire INTAC Actuarial Services, Inc. (INTAC). The third-party administration (TPA) firm will immediately become part of Ascensus’ TPA Solutions division.

Based in Ridgewood, New Jersey, INTAC provides complete administration of employer-sponsored retirement plans for about 3,000 small to mid-sized companies, their owners, key executives and employees. The firm understands what employers want and need in a retirement plan and delivers solutions through high quality client service—each retirement plan is designed, created, and proactively refined to meet each client’s goals while maximizing retirement benefits. INTAC also provides ongoing education to their clients and the professionals in the communities they service to ensure that they remain abreast of industry changes and issues.

“Like Ascensus, INTAC is committed to excellence in everything that they do—especially when it comes to making retirement plans work for their clients,” states David Musto, Ascensus’ president. “INTAC has one of the lowest employee turnover rates in the industry and has been ranked as one of the best places to work in New Jersey; we’re pleased to have their associates join us to help Americans save for retirement.”

“As a family-run business, we pride ourselves on creating meaningful client relationships and on creating a culture in which employees feel like they’re part of the family,” says Charles Rosenberg, INTAC’s vice president. “As part of Ascensus, we’ll be able to combine our expertise with their resources to continue to provide a proactive, personalized client experience at every interaction with our firm while also offering exciting growth opportunities to our employees.”

“Geographically speaking, the tri-state and greater Delaware areas are important market expansion opportunities for our TPA Solutions division,” says Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “With its strong historical growth, successful long-term track record, and associate-focused culture, INTAC is an ideal business to help Ascensus achieve its immediate and long-term growth plans.”

About Ascensus

Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

View career opportunities at careers.ascensus.com/page/show/tpa and careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.


Chard Snyder Celebrates 30th Anniversary with Open House

Visitors Tour New Corporate Headquarters in Mason

Mason, OH—Chard Snyder, a third-party administrator of employee benefit solutions and wholly owned subsidiary of technology-enabled retirement, education, and healthcare solutions provider Ascensus, today celebrates the company’s 30th anniversary during an Open House at their new corporate headquarters. The recently opened facility is located at 6867 Cintas Boulevard in the City of Mason.

The Open House will take place June 28 from 3-7 p.m. ET for Chard Snyder’s advisors, clients, vendors, and business partners to thank them for their support over the last 30 years. Guests will enjoy food, music, time with their Chard Snyder partners, and brief tours of the new facility.

“Our new headquarters marks a transition to the next era for Chard Snyder,” said Joy Snyder, Chard Snyder’s president and co-founder. “It is a sign of our stability and growth, and shows our clients, partners, and the community that we continue to evolve while staying true to our values.”

First announced in February 2017, construction on the new two-story, 53,000-square-foot facility began in May 2017. Chard Snyder, which was recently ranked in the top 25 Largest Greater Cincinnati Employee Benefit Providers list by the Cincinnati Business Courier, outgrew its previous four-building campus just two miles away in Deerfield Township. When further expansion in that location was not possible, the decision was made to build the new headquarters in the I-71 Innovation Corridor in Mason. The state-of-the-art facility provides employees with great amenities, including an open work environment, collaboration spaces, a full kitchen and café, outdoor walking path, and individual wellness rooms.

“The new location provides our partners with easy access to our facility and allows us to be part of a growing local service and technology hub,” Snyder said. “Our team is finally together under one roof, increasing opportunities for growth and collaboration. We’re thankful for our first 30 years of business and excited about the future.”

A ribbon-cutting ceremony was held on May 24 to officially open the new building. City of Mason dignitaries, representatives from Al. Neyer construction and Chard Snyder executive team members cut the ribbon. Many of Chard Snyder’s 170 employees were on hand for the celebration.

About Chard Snyder

Chard Snyder provides employee benefit solutions to more than 1,400 employers in 40 states across the U.S. Chard Snyder administers savings and spending accounts (FSA, HSA, HRA, transit & parking), benefit continuation services (COBRA; retiree, direct and other billing) and FMLA leave, and provides plan document services. Founded in 1988 by Ken Chard and Joy Snyder, the company employs 170 team members today. Chard Snyder is a wholly owned subsidiary of Ascensus and the anchor of its new Health division. Visit www.chard-snyder.com or call 800.982.7715 to learn more.

About Ascensus

Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

View career opportunities at careers.ascensus.com and http://www.chard-snyder.com/about/careers/ or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.