Corporate growth

Chard Snyder Appoints Ron Wetzel as Vice President of Operations

Seasoned Veteran Brings Substantial Operational Experience and a Value-Add Customer Experience Philosophy to Employee Benefit Solutions Firm

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, is pleased to announce that Ron Wetzel has been appointed as vice president of operations. He brings over 15 years of experience to the Chard Snyder team and is well versed in customer operations, sales, client services, and leadership.

As vice president of operations, Wetzel will provide oversight and leadership for the administration, implementation, data, and customer service departments. Combining a hands-on approach with a value-add customer experience philosophy, he will lead teams in these departments to exceed expectations while creating exceptional experiences for their customers.

Prior to joining Chard Snyder, Wetzel held a variety of positions in the customer service field, building his skills as a strategic leader and honing his passion for performance management, leadership development, and employee engagement. In previous roles at US Bank and RDI Corporation, he was responsible for establishing strategic vision and goals for customer service while leading day-to-day operations.

Wetzel holds a bachelor’s degree in business administration from Bowling Green State University and has a certification in leadership from the Carnegie School.

“We are excited for Ron to join the Chard Snyder team,” said Barb Yearout, president of Chard Snyder. “His deep operational experience paired with his passion for collaboration and focus on leadership development will be a great addition to our organization.”

About Chard Snyder
Chard Snyder provides employee benefit solutions to nearly 1,500 employers in 40 states across the U.S. Chard Snyder administers savings and spending accounts (FSA, HSA, HRA, and commuter benefits), 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 180 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 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 and http://www.chard-snyder.com/about/careers/.


Ascensus TPA Solutions Expands Sales Organization to Offer Enhanced Regional Support and Enable Continued Growth

Clockwise from top left: Jim Houpt, Eric Sharp, Kasey Price, and Richard Tatum

Jim Houpt, Eric Sharp, Richard Tatum Named Divisional Vice Presidents; Kasey Price Named Head of Institutional Sales

Dresher, PA—Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—is pleased to announce the appointments of Jim HouptEric Sharp, and Richard Tatum as divisional vice presidents and Kasey Price as head of institutional sales for the firm’s TPA Solutions business. Through this new structure, TPA Solutions will offer enhanced regional, consultative support to its retirement plan clients while expanding relationships with strategic recordkeeping and financial advisor partners.

In their new roles, the divisional vice presidents will be responsible for helping to create and implement strategies to improve the performance and reach of the TPA Solutions sales team. In addition, they will work closely with the sales team to consult with wholesalers and financial advisors whose prospective and existing small business clients could benefit from the support of a TPA in designing a retirement plan solution.

Jim Houpt, formerly of National Retirement Services, an Ascensus company, will be responsible for the Northeast, Mid-Atlantic, and Central regions. Eric Sharp, formerly of PenSys, an Ascensus company, will lead the Northwest region. Richard Tatum, formerly of Avintus, an Ascensus company, will be responsible for the Southeast and Southwest regions. Collectively, these individuals bring over 75 years of retirement industry experience and extensive expertise in plan design, administration, actuarial services, and recordkeeping services.

“Jim, Eric, and Richard have each built extremely successful TPA practices prior to joining the Ascensus team,” states Jerry Bramlett, head of TPA Solutions. “We feel that they’re the ideal candidates to continue to move our business forward as we become the industry’s leading national TPA, backed by local expertise and personalized service.”

As head of institutional sales, Kasey Price, formerly of Retirement Strategies, Inc., an Ascensus company, will be responsible for managing, creating, and expanding relationships with financial advisors and the industry’s top-tier recordkeeping providers. She will also drive the development of comprehensive sales and marketing collateral to boost client and advisor awareness of TPA Solutions.

“Kasey has built an extraordinarily strong network within the industry and has a great sense of what key partners are looking for in a TPA alliance,” adds Bramlett. “As we continue to expand our footprint, these strategic alliances will become increasingly important to our continued success.”

“We’re looking forward to watching each of these well-established leaders step into their new roles and help us build a national sales force for TPA Solutions,” continues Bramlett. “By investing in new leadership to guide our talented sales consultants, we can help ensure that our business owner clients and key partners continue to receive the support they need to meet their objectives.”

 

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/page/show/tpa and careers.ascensus.com.


Ascensus Expands Pacific Northwest Footprint with Agreement to Acquire Moran Knobel

Pending Transaction Also Includes Acquisition of San Diego-Based Means & Associates

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

Based in Bellevue, Washington, Moran Knobel provides retirement plan consulting and administration services for safe harbor 401(k), profit sharing, cash balance, defined benefit, 403(b), and all other ERISA-qualified plans. The firm also offers consulting and administration services for non-qualified and expatriate plans. Moran Knobel has administered plans for businesses that include medical groups, technology firms, and non-profit organizations for over 30 years. San Diego-based Means & Associates offers the same services as Moran Knobel, with additional expertise in Tribal government plans.

“Moran Knobel holds the American Society of Pension Professionals and Actuaries (ASPPA) seal of excellence for third-party administrators, as certified by the Centre for Fiduciary Excellence, LLC (CEFEX),” states Jerry Bramlett, head of TPA Solutions. “This is the highest recognition in the industry; we’re proud to welcome the expertise and knowledge of Moran Knobel’s and Means & Associates’ experienced staff members to Ascensus.”

“At Moran Knobel, we’re proud of the fact that we can help clients with their retirement planning goals whether they’re looking to find a plan that best suits their needs or if they know exactly what kind of plan they want,” says Rich Sanidad, Moran Knobel’s president. “Along with Means & Associates, we’re looking forward to becoming part of Ascensus—a company that shares our dedication to providing personalized, caring client services that reflect the highest standard of quality.”

“We’re excited to grow our geographic footprint in the West and Pacific Northwest regions by bringing Moran Knobel and Means & Associates into the Ascensus family,” states Raghav Nandagopal, Ascensus’ executive vice president of corporate development and M&A. “Specifically, their track record of success and expertise in the tribal plan space—along with their defined contribution and defined benefit experience—will allow us to further strengthen and diversify our product offerings.”

“Their talented associates will be an excellent addition within our TPA Solutions division,” 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/page/show/tpa and careers.ascensus.com.


Barb Van Zomeren Discusses OregonSaves Success

​In a recent arti​cle​​ published by BenefitsPro​​, SVP Barb Van Zomeren discusses the success of the OregonSaves program. “Participation rates have been better than expected, and the program has been received positively by employer groups,” said Van Zomeren. As of September 1, 2018, 1,160 employers have enrolled in the program, accounting for 39,284 employees, or 73 percent of workers eligible to participate. On average, monthly contributions to the IRAs is about $100, making for an average savings rate of 5.13 percent. Total assets in the program topped $6.7 million.


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 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 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.