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www.ascensus.com

Ascensus, LLC is a leading independent provider of retirement plan administration, recordkeeping, and related education savings and insurance services.

Ascensus, LLC is a leading independent provider of retirement plan administration, recordkeeping, and related financial services. It offers education savings programs, ABLE savings, and institutional insurance solutions, along with administration, fiduciary, actuarial, and consulting services. Serving individuals, employers, financial institutions, and plan sponsors, Ascensus delivers these capabilities through a technology-enabled platform and a network of partnerships to help clients design, implement, and manage compliant, efficient savings and benefits programs.

Mission statement

To help people save for the future by delivering compliant, accessible retirement, education savings, and related financial services through scalable technology and trusted partnerships.

Products & Services

IRA Products and Solutions Solution

Comprehensive solutions for efficient IRA administration and compliance.

www.ascensus.com/solutions/retirement/ira-products-solutions
  • IRA Administration — Facilitates IRA Management
  • Seamless Integration — Improves Efficiency
  • Risk Reduction — Decreases Compliance Risks
  • Consulting — Expert Guidance on IRA Programs
  • SEP & SIMPLE IRA Administration — Supports Small Business Retirement Plans
  • Faster Client Processing — Reduces Data Entry
  • Enhanced Client Experience — Boosts Customer Satisfaction
  • Compliance and Marketing Resources — Supports Regulatory Adherence
  • Forms and Documents — Streamlines IRA Setup
  • Time Saving — Saves Processing Time
  • Amending IRAs — Facilitates Compliance Updates
  • Education and Training — Enhances Knowledge Base

529 Plans Solution

Help Families Save For Education With Tax-advantaged 529 Plans.

www.ascensus.com/solutions/education/529-plans
  • State-supported Plans — Access State-specific Benefits
  • Tax-advantaged Growth — Grow Savings Tax-deferred
  • Tax-free Withdrawals for Qualified Expenses — Withdraw Without Tax Penalties
  • Flexible Investment Options — Choose Investment Strategies
  • Ugift® Gift Contributions — Encourage Contributions To Funds

Coverdell Solutions Solution

Streamline education savings for families with comprehensive Coverdell ESA solutions.

www.ascensus.com/solutions/education/coverdell-solutions
  • Program Administration — Simplify ESA Management
  • Forms and Documents — Access Essential ESA Documents
  • Education and Training — Enhance Client Knowledge
  • ESA Resources — Utilize Supportive ESA Tools

BOLI (Bank-Owned Life Insurance) Product

Optimize employee benefits funding while achieving tax advantages with BOLI solutions.

www.ascensus.com/solutions/insurance/boli
  • Tax-Advantaged Cash Value Accumulation — Enhance Financial Efficiency
  • Tax-Free Death Benefits — Ensure Beneficiary Support
  • Institutional Pricing — Secure Competitive Rates
  • Tax-Free Withdrawals and Loans — Access Funds Without Tax Burdens
  • Broad Asset Class/Manager Options — Gain Diverse Investment Choices
  • Comprehensive Administrative Support — Streamline Program Management
  • Guarantee Issue Underwriting — Facilitate Simple Underwriting
  • Pre-Purchase Due Diligence — Ensure Informed Decisions

COLI (Corporate-Owned Life Insurance) Product

Optimize nonqualified benefits costs with tax-advantaged COLI solutions.

www.ascensus.com/solutions/insurance/coli
  • Tax-Advantaged Cash Value Accumulation — Benefit from Tax-Free Growth
  • Tax-Free Withdrawals and Loans — Access Capital Tax-Free
  • Investment Options — Gain Diverse Investment Choices
  • Enhanced Hedging Strategies — Mitigate Nonqualified Benefits Costs
  • Comprehensive Program Support — Streamlined COLI Program Management

ICOLI (Insurance Company-Owned Life Insurance) Product

Optimize tax-efficient investment strategies with tailored ICOLI programs.

www.ascensus.com/solutions/insurance/icoli
  • Comprehensive ICOLI Diagnostics — Enhance Portfolio Diversification
  • Tax-Efficient Investing — Maximize Tax-Adjusted Earnings
  • Ongoing Regulatory Compliance — Streamline Compliance Reporting

CUOLI (Credit Union-Owned Life Insurance) Product

Optimize employee benefit expenses with a tailored CUOLI program.

www.ascensus.com/solutions/insurance/cuoli
  • Dedicated Team — Receive Attentive Service
  • End-to-End CUOLI Lifecycle — Manage CUOLI Efficiently
  • In-house Proprietary Technology — Leverage Top Technology
  • Comprehensive Reporting — Gain Insightful Reports

ABLE Savings Solution

Empowers individuals with disabilities to save while maintaining eligibility for federal benefits.

www.ascensus.com/who-we-serve/savers-employees/save-with-an-able-account
  • Dedicated ABLE Program Administration — Streamlines Account Management
  • Tax-Advantaged ABLE Accounts — Maximizes Savings Potential
  • Preserve Benefit Eligibility — Supports Financial Independence
  • Multiple Investment Options — Enhances Growth Opportunities
  • Accessible Expenses — Provides Financial Flexibility
  • Entity Management Dashboard — Streamlines Account Oversight

Trust and Custody Services Service

Streamlined trust and custody solutions enhancing plan management efficiency.

www.ascensus.com/solutions/retirement/trust-custody-services
  • Integrated Trust and Custody — Streamline Asset Management
  • Retirement Plan Administration Services — Facilitate Plan Operations
  • Abandoned Plan Solutions — Simplify Plan Termination

Self-Administered Program Service

Streamline IRA and HSA administration with a self-administered program that simplifies compliance and reduces errors.

www.ascensus.com/who-we-serve/banks-credit-unions-financial-institutions/simplify-ira-hsa-program-administration/self-administered-program
  • Call Center Support — Receive Expert Assistance
  • Compliant Forms Generation — Ensure Compliance Easily
  • eSign and Integrated Imaging — Enable Paperless Processing
  • IRAdirect Express Integration — Streamline Operations
  • IRAdirect Interact and eSign — Optimize Training and Workflow
  • Staff Training — Empower Your Team
  • Technical Reference Manuals — Access Valuable Resources

Forms & Document Services Service

Streamline IRS compliance with comprehensive forms and document services.

www.ascensus.com/who-we-serve/banks-credit-unions-financial-institutions/stay-compliant/forms-document-services
  • IRS-Approved Forms — Utilize Approved Forms
  • Document Services — Administer Documents
  • Document Compliance Services — Ensure Compliance
  • Consumer Education Resources — Educate Consumers
  • IRA Mailing Services — Utilize Mailing Services

Advisor Central Platform

Empower Advisors To Strengthen Retirement Practices.

advisors.ascensus.com
  • Advisor-Focused Platform — Streamline Client Interactions
  • Practice Management Tools — Increase Efficiency
  • Comprehensive Resources — Enhance Knowledge Base

Administration & Professional Development Service

Streamline IRA/HSA program management while enhancing staff capabilities.

www.ascensus.com/who-we-serve/banks-credit-unions-financial-institutions/simplify-ira-hsa-program-administration
  • IRA/HSA Administration — Ensure Compliance And Efficiency
  • Professional Development Resources — Empower Staff With Training
  • IRAdirect® System — Enhance Administrative Efficiency
  • Training Products — Customize Employee Training
  • eSignature Technology — Facilitate Quick Transactions

Market Segments

529 plan administration

Administration and recordkeeping of state-sponsored education savings plans, including investment option management, tax-advantaged treatment, and family contribution features.

Coverdell ESA administration

Program administration, compliance, forms, and advisor and client education for Coverdell education savings accounts.

IRA administration and processing

End-to-end administration for traditional, Roth, SEP and SIMPLE IRAs including amendments, compliance, integration with core systems, and transaction and forms automation to reduce manual entry and risk.

Self-administered IRA and HSA processing

Paperless, guided transaction workflows for self-administered retirement and health savings accounts featuring eSign, compliant forms generation, imaging, and call-center support.

Trust and custody for retirement plans

Integrated trust, custody, and asset management services for retirement plans, including abandoned plan termination support and operational efficiencies for plan sponsors.

Common Questions

What does Ascensus, LLC do?
Ascensus, LLC is a leading independent provider of retirement plan administration, recordkeeping, and related financial services. It offers education savings programs, ABLE savings, and institutional insurance solutions, along with administration, fiduciary, actuarial, and consulting services. Serving individuals, employers, financial institutions, and plan sponsors, Ascensus delivers these capabilities through a technology-enabled platform and a network of partnerships to help clients design, implement, and manage compliant, efficient savings and benefits programs.
What is Ascensus, LLC's role in the 529 plan administration market?
Administration and recordkeeping of state-sponsored education savings plans, including investment option management, tax-advantaged treatment, and family contribution features.
What is Ascensus, LLC's role in the Coverdell ESA administration market?
Program administration, compliance, forms, and advisor and client education for Coverdell education savings accounts.
Ascensus, LLC — company overview