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Ascensus Announces Acquisition of Retirement Plan Administrative Service, Ltd.
DRESHER, Pa., June 27, 2017 /PRNewswire/ -- Ascensus, a technology and solutions provider that helps more than 7 million Americans save for the future, has announced the acquisition of independently owned Retirement Plan Administrative Service, Ltd. (RPAS), an actuarial, consulting, and administrative services firm headquartered in Richmond, Virginia that specializes in qualified plan design, installation, government compliance, and administration. RPAS, which will become a part of the Ascensus Consulting line of business, provides services that are designed to help plan sponsors maximize the value of their retirement plan. Established in 1981, the firm maintains the highest level of technical and quality control standards while emphasizing responsive and personalized service. Because RPAS is fully independent from investments, it can offer each of its clients a variety of service options based on an employer's business needs and goals. In addition, the firm has a long history of administering Employee Stock Ownership Plans (ESOPs). "RPAS is recognized as a premier administration firm for qualified retirement plans," states Shannon Kelly, Ascensus' president of retirement. "This acquisition is in line with our goal of aggressively expanding our Ascensus Consulting business as well as Ascensus overall. I'm pleased to welcome RPAS' clients and associates to Ascensus Consulting and am excited to add ESOP services to our product offering." About Ascensus View career opportunities at careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ascensus-announces-acquisition-of-retirement-plan-administrative-service-ltd-300480548.html SOURCE Ascensus |