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 provider1, retirement plan third-party administrator, and government savings facilitator2 in the United States. We're also one of the savings plan industry's leading providers of outsourced services.

1Pensions & Investments. Based on number of retirement plans in the DC Record Keepers Ranking. December 2025.
2ISS MI 529 Quarterly Update Q4 2025 & Georgetown University Center for Retirement Initiatives, State Program Performance Data as of 12/31/25

45+

Years of experience

932+ billion

total assets under administration2

16+ million

people saving for the future on our platform2

5000+

Dedicated associates on our team2

2Ascensus data as of 12/31/2025

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.

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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.

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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.

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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.
David Musto
Executive Chairman

How we provide value

3 PLANSPONSOR 2023 Defined Contribution Survey. February 2025.
4With Intelligence. With Intelligence Mutual Fund & ETF Awards. February 2026.
5Institutional Shareholder Services (ISS). 529 College Savings Quarterly Data Update: Fourth Quarter 2025. January 2026.
6 PLANADVISER. 2024 Retirement Plan Adviser Survey. March 2025.
7 National Quality Review. Quarterly Quality Rating. December 2025.