Ascensus Receives Top Honors at the 2010 Awards for Excellence Dinner

PRLog (Press Release) - Mar 26, 2010 -
Dresher, Pennsylvania–March 26, 2010–Ascensus, a leading retirement plan solutions provider, was presented with an award for earning 43 out of a possible 46 “Best in Class” cups at last night’s 2010 Awards for Excellence Dinner. Hosted by PLANSPONSOR, the nation’s top retirement plan resource, the awards dinner recognized leaders within the retirement plan industry that have been successful in meeting their clients’ needs and effective in helping individuals prepare for retirement. The “Best in Class” cups are the result of PLANSPONSOR Magazine’s 2009 Defined Contribution (DC) survey, which this year had more than 5,600 retirement plan sponsors participate.

Ascensus received the maximum 23 cups in the Micro Market segment (plans with under $5 million) and 20 cups in the Small Market segment (plans with $5 million to $50 million). By earning “Best in Class” status in all categories—Communications Materials, Education Program, Statement Clarity & Accuracy, Internet Services, Enrollment Assistance, Turnaround Times-Loans, Call Center, Range of Investments & Asset Allocation Focus, Retiree Services, Participant Service Fees, Fee Fairness, Fee Disclosure, Reporting Timeliness & Form 5500 Accuracy, Compliance, Regulatory Updates, Account Representative Knowledge, Staff Consistency and Responsiveness—Ascensus was one of the night’s big winners.

“We are excited by this honor and proud to be part of this event,“ expressed Bob Guillocheau, President of Ascensus. “In a challenging and uncertain market environment, providing world-class service is, in many ways, more important than ever. To receive this level of positive feedback from plan sponsors is a validation of our efforts and reflective of our commitment to delivering value, quality and expertise to our clients.”

The DC survey results also showed that 97% of respondents would recommend Ascensus as a provider of choice.

For more information, visit http://www.ascensus.com.

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