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Ascensus announces agreement to acquire Vanguard Individual 401(k), Multi-SEP, and SIMPLE IRA Plans business

Ascensus announces agreement to acquire Vanguard Individual 401(k), Multi-SEP, and SIMPLE IRA Plans business

04/16/24, 6:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgdresher
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Industry
financial services
financial services
Ascensus has entered into a definitive agreement to acquire Vanguard's Individual 401(k), Multi-SEP, and SIMPLE IRA Plans business. With this acquisition, Ascensus will assume recordkeeping, client servicing, and provide custodial and trustee services for Vanguard's current line-up of retirement plans, reinforcing its commitment to serving the unique needs of small business retirement plans.

Company Info

Company
Ascensus
Location
Dresher, Pennsylvania, United States
Company info
Ascensus is a market-leading enabler of tax-advantaged savings—providing technology, services, and expertise that help millions of people save for a better future. The company is a premier savings program service provider, third-party administrator, and government savings facilitator. Its platforms, industry knowledge, and data-based insights enhance the growth and success of its partners, their clients, and savers through co-branded, private-labeled, and governmental partnerships.

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