PARTNER OFFERINGS
Ascensus | American Funds
Ascensus has partnered with Capital Group, home of American Funds, to make available two unique 401(k) retirement offerings with the goal of helping savers save more. From owner-only businesses to companies with hundreds of employees, Ascensus has a retirement solution to meet each customer's unique needs.
401(k) Plan Options
Ascensus Essentials Individual(k) with American Funds
This Individual(k) is a simple, cost-effective solution that eases the administrative burden of managing a retirement plan. It offers some of the same benefits of a traditional 401(k) but is specifically designed to meet the unique needs of owner-only businesses.
An Individual(k) is ideal for:
Owner-only businesses whose only employees are the owner or the owner and spouse.
Partnerships whose only employees are partners or partners and spouse.
C and S corporations where the corporation has only one shareholder and the only employees are the shareholder or shareholder and spouse.
Newport Group Consulting is the 3(38) investment manager and fiduciary, and has developed a streamlined menu of investment options that includes American Funds.
Integrated trust and custody services make managing compliance easier for you.
Online setup and enrollment makes participating easier for employees.
Ascensus | American Funds Pooled Employer Plan
This retirement plan is a simple, cost-effective solution that eases the administrative burden of managing a retirement plan. It offers some of the same benefits of a traditional 401(k) but is specifically designed to meet the unique needs of owner-only businesses.
This solution is designed for owner-only businesses, partnerships, and C and S corporations whose only employees or shareholders are the owners, partners, or shareholders and their spouses.
Wilshire® acts as the discretionary 3(38) investment manager, and has developed a streamlined menu of investment options that includes American Funds.
Integrated trust and custody services make managing compliance easier for you.
Online setup and enrollment makes participating easier for employees.
Disclaimer:
Ascensus, LLC and Newport are affiliated entities that provide administrative and recordkeeping services and are not broker-dealers or investment advisors, and do not provide tax, legal, accounting, or investment advice.