Ascensus

    OverviewSuggest Edit

    Ascensus is a provider of independent retirement and college savings services. It specializes in supporting retirement plans and college savings accounts, administering health savings accounts, as well as education and training services. The company serves financial institutions, employers, financial advisors, individuals, institutional partners, governments, and third-party administrators. 

    TypePrivate
    Founded1980
    HQDresher, PA, US
    Websiteascensus.com
    Employee Ratings3

    Latest Updates

    Employees (est.) (Nov 2021)2,500(+2%)
    Cybersecurity ratingBMore
    Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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    Key People/Management at Ascensus

    David Musto

    David Musto

    President and CEO
    Jim Gearin

    Jim Gearin

    Chief Operating Officer
    Joe Dansky

    Joe Dansky

    Chief Legal, Risk and Compliance Officer
    James Lucania

    James Lucania

    Chief Financial Officer
    Carl Negin

    Carl Negin

    Chief Marketing Officer
    Teresa Hassara

    Teresa Hassara

    President of FuturePlan by Ascensus
    Show more

    Ascensus Office Locations

    Ascensus has offices in Dresher, Atlanta, Bellevue, Brainerd and in 27 other locations
    Dresher, PA, US (HQ)
    200 Dryden Rd #4000
    Atlanta, GA, US
    2951 Flowers Rd S #217
    Atlanta, GA, US
    5901b Peachtree Dunwoody Rd #170
    Bellevue, WA, US
    10900 NE 8th St #1310
    Brainerd, MN, US
    415 8th Ave NE
    Burlington, NJ, US
    95 Connecticut Dr suite c
    Show all (34)

    Ascensus Financials and Metrics

    Summary Metrics

    Founding Date

    1980

    Time since last funding

    3 years ago

    Ascensus investors

    Show all financial metrics

    Ascensus Operating Metrics

    Ascensus's Customers was reported to be 12 m in Aug, 2020.
    Aug, 2020

    Customers

    12 m

    Research Partners

    8

    Services Provided

    13
    Show all operating metrics

    Ascensus Acquisitions / Subsidiaries

    Company NameDateDeal Size
    NyhartNovember 25, 2019
    Goldleaf PartnersOctober 24, 2019
    BenecoAugust 12, 2019
    HR SimplifiedJune 27, 2019
    United Retirement Plan ConsultantsJune 04, 2019
    WrangleMarch 26, 2019
    Intac Actuaril Services Inc.July 03, 2018
    QBI LLCJune 27, 2018
    SES AdvisorsJune 19, 2018
    Swerdlin & Co.June 19, 2018
    Show more

    Ascensus Cybersecurity Score

    Cybersecurity ratingPremium dataset

    B

    85/100

    SecurityScorecard logo

    Ascensus Online and Social Media Presence

    Embed Graph

    Ascensus News and Updates

    Ascensus to Be Acquired by Stone Point Capital and GIC From Private-Equity Consortium

    DRESHER, Pa., April 26, 2021 /PRNewswire/ -- Ascensus announced today that funds managed by Stone Point Capital, the Greenwich, CT-based private equity firm specializing in financial services, along with GIC, Singapore's sovereign wealth fund, have entered into a definitive agreement to...

    Wind Point-backed Ascensus agrees to buy Callery

    Wind Point Partners-backed Ascensus Specialties agreed to acquire Callery, which produces boranes and specialty alcoholates. The deal is expected to closed within 30 days. Financial details were not disclosed. Wind Point originally acquired Ascensus from Dow Chemical in 2015.

    Ascensus Announces Acquisition of Contractor Retirement and Benefit Solutions Provider Beneco

    DRESHER, Pa., Aug. 9, 2019 /PRNewswire/ -- Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has acquired Beneco, a leading provider of bundled retirement and health & welfare benefits administration solutions in the prevailing...

    Ascensus to buy HR Simplified

    Ascensus said June 27 that it agreed to buy HR Simplified. Financial terms weren’t announced. HR Simplified is a third-party administration firm that services consumer-directed health (CDH) plans and provides COBRA administration.

    Ascensus Expands Arizona Footprint with Agreement to Acquire Pension Strategies, Inc.

    DRESHER, Pa., May 21, 2019 /PRNewswire/ -- Ascensus—whose technology and expertise helps millions of people save for retirement, education, and healthcare—is pleased to announce that it has entered into an agreement to acquire Pension Strategies, Inc. The third-party administration (TPA)...

    Ascensus TPA Solutions, the Nation's Largest TPA, Becomes FuturePlan by Ascensus

    DRESHER, Pa., April 8, 2019 /PRNewswire/ -- Ascensus— whose technology and expertise helps millions of people save for retirement, education, and healthcare—has announced that its TPA Solutions group will become FuturePlan by Ascensus. This communicates the independence, flexibility,...
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    Ascensus Blogs

    IRS Issues Draft Instructions for Reporting of Qualified Disaster Retirement Plan Distributions and Repayments

    The IRS has provided draft Instructions for Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments. Form 8915-F is to be used to report Qualified... The post IRS Issues Draft Instructions for Reporting of Qualified Disaster Retirement Plan Distributions and Repayments appeared …

    IRS Issues Required Amendments List for Individually Designed Plans

    On November 30, 2021, the IRS released Notice 2021-64 containing the 2021 required amendments list. This annually issued list describes changes in retirement plan qualification... The post IRS Issues Required Amendments List for Individually Designed Plans appeared first on Ascensus.

    Washington Pulse: House Version of “Build Back Better” Act Contains Retirement Plan and Benefits Provisions

    On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”). Following quickly on... The post Washington Pulse: House Version of “Build Back Better” Act Contains Retirement Plan and Benefits Provisions appeared first on Ascensus.

    IRS Provides Guidance on Information Reporting of Health Insurance Coverage

    On November 22, 2021, the Department of the Treasury released a Notice of Proposed Rulemaking (NPR) entitled, “Information Reporting of Health Insurance Coverage and Other... The post IRS Provides Guidance on Information Reporting of Health Insurance Coverage appeared first on Ascensus.

    Build Back Better Bill Passes House, Moves to Senate

    The House of Representatives passed the $1.9 trillion Build Back Better bill in a 220-213 near party line vote. The House-passed version of the bill... The post Build Back Better Bill Passes House, Moves to Senate appeared first on Ascensus.

    Washington Pulse: Infrastructure Act Includes Additional Pension Funding Relief, Disaster Relief Changes, and New Digital Asset Reporting Requirements

    The Infrastructure Investment and Jobs Act (the Act), signed by President Biden on November 15, 2021, includes extensions to the single employer pension funding relief... The post Washington Pulse: Infrastructure Act Includes Additional Pension Funding Relief, Disaster Relief Changes, and New Digita…
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    Ascensus Frequently Asked Questions

    • When was Ascensus founded?

      Ascensus was founded in 1980.

    • Who are Ascensus key executives?

      Ascensus's key executives are David Musto, Jim Gearin and Joe Dansky.

    • How many employees does Ascensus have?

      Ascensus has 2,500 employees.

    • Who are Ascensus competitors?

      Competitors of Ascensus include Voya Financial, Meta Financial Group and Northwest.

    • Where is Ascensus headquarters?

      Ascensus headquarters is located at 200 Dryden Rd #4000, Dresher.

    • Where are Ascensus offices?

      Ascensus has offices in Dresher, Atlanta, Bellevue, Brainerd and in 27 other locations.

    • How many offices does Ascensus have?

      Ascensus has 34 offices.