Helping millions save for a better future.
We deliver better outcomes—for our partners, their clients, and savers—through our expertise and purpose-built technology.
Our story
Everyone deserves to feel financially secure. We help people get there by partnering with financial institutions, governments, advisors, and employers to offer tax advantaged savings plans. Our partners trust us to enable them to deliver innovative solutions that help people save for a better future.
Ascensus is the largest independent recordkeeping services partner, third-party administrator, and government savings facilitator in the United States.1 We're also one of the savings plan industry's leading providers of outsourced services.
1Cerulli Associates. The Cerulli Report: U.S. Retirement Markets 2023. December 2023.
40+
Years of experience
870+ billion
total assets under administration2
15+ million
people saving for the future on our platform2
5500+
Dedicated associates on our team2
2As of 09/30/2024
What we do
Retirement savings
Ascensus supports qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors. We administer the nation’s first state-facilitated retirement programs, leveraging our strong state relationships to offer employees who don't have access to a workplace retirement plan the opportunity to save for the future.
Education savings
As the nation's leading provider of 529 plans, we help families and students save today to help finance the education expenses of tomorrow. We created and power Ugift, a free service that allows family and friends to give the gift of college savings.
ABLE
We partner with states across our nation to help families save for disability-related expenses without jeopardizing their eligibility for federal benefits. ABLE plans allow individuals with disabilities and their loved ones to save for the resources they need today and in the future.
Our culture is grounded in values that underscore our commitment to our clients. Whether we’re partnering with a leading financial institution, a state treasurer’s office, a large corporation, or a small business, those we serve are always at the center of everything we do.
How we provide value
Technology
Our purpose-built technology drives service and operational excellence. Platforms are designed to deliver flexibility, scalability, security, and cost-efficiency.
Expertise
Ascensus' market insights and business knowledge—along with our administrative and operational expertise—enhance the growth and success of our partners and their clients.
Partnership
We apply our versatile capabilities, insights, and technology to tailor what we deliver based on partner and client needs. Our success is measured by the success of those we serve.
Best-in-Class
28 PLANSPONSOR Best in Class awards3
Retirement Leader
Winner of the 2024 Retirement Leader of the Year in the With Intelligence Mutual Fund & ETF Awards4
Leading 529 Plan Recordkeeper
#1 in assets under management as ranked by Institutional Shareholder Services in 20245
Top Advisor Choice
Winner in the recordkeeping category in the 2024 PLANADVISER Retirement Plan Advisor Survey6
National Quality Review’s (NQR) 5-Star Quality Rating
This honor has been earned for service quality in the last 35 quarters7
3 PLANSPONSOR 2023 Defined Contribution Survey. February 2024.
4With Intelligence. With Intelligence Mutual Fund & ETF Awards. June 2024.
5 Institutional Shareholder Services (ISS). 529 College Savings Quarterly Data Update: Q3 2024. November 2024.
6 PLANADVISER. 2024 Retirement Plan Adviser Survey. March 2024.
7 National Quality Review. Quarterly Quality Rating. September 2024.
