Ascensus recognized for 93% revenue growth from 2011 to 2014
Online, August 12, 2015 (Newswire.com) - DRESHER, Pa.--Ascensus, the nation's largest independent services provider of retirement and college savings plans, is pleased to announce that it has been named to the 34th annual Inc. 5000 list of fastest-growing private companies in America.
"We'd like to thank our institutional and investment management partners as well as the advisors, third-party administrators, and states that we partner with in servicing their clients and savings plan participants"
The Inc. 5000 is considered one of America's most prestigious lists and represents a comprehensive look at a key segment of the economy—America's private businesses.
Ascensus was founded over 30 years ago and has since expanded into new markets within the financial services industry to offer a comprehensive suite of defined contribution and defined benefit retirement plan solutions, benefits education, 529 college savings plan administration, and IRA and health savings account administration. Throughout its history, the company's mission has remained the same—to help Americans save for the future by connecting them to the right plans.
Today, through the company's network of strategic business partners and financial professionals, Ascensus supports over 1.7 million retirement plan participants and administers over 3.3 million 529 college savings accounts and over 1.5 million IRAs and HSAs.
"We'd like to thank our institutional and investment management partners as well as the advisors, third-party administrators, and states that we partner with in servicing their clients and savings plan participants," states Bob Guillocheau, Ascensus president and chief executive officer. "Their trust and confidence in our solutions have resulted in Ascensus' continued strong growth. This accomplishment wouldn't have been possible without their collaboration and business support."
Ascensus attributes its success to these key partnerships, the company's hard-working associates, and its service reputation.
"Here at Ascensus, we maintain that our ultimate success is measured by that of our clients. This is more than a mantra—it is a guiding principle by which we operate," adds Guillocheau. "Our high-quality service sets Ascensus apart and will enable us to continue to grow with our clients in the future."
The 2015 Inc. 5000 is the most competitive crop in the list's history. The Inc. 5000's aggregate revenue is $205 billion, generating 647,000 jobs over the past three years.
Companies such as Yelp, Pandora, Dell, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500/5000. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The annual Inc. 5000 event honoring all the companies on the list will be held from October 21 through 23, 2015, in Orlando.
About Ascensus
Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 6 million Americans save for the future. With more than 30 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 40,000 retirement plans and over 3.3 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts. For more information about Ascensus, visit www.ascensus.com/.
View career opportunities at careers.ascensus.com or on LinkedIn at www.linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.
More about Inc. and the Inc. 5000
Methodology
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit www.inc.com/.
Source URL: http://businesswire.com/news/home/20150812006157/en
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