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Ascensus Is Top Choice For Golden Eagle Distributors, Inc.’s $17+ Million 401(k)

With tools to simplify plan management, award-winning client service and access to a wide range of investment options—including ETFs—Ascensus proved to be a good fit for Golden Eagle Distributors, Inc.’s needs.

 
PRLog - Oct. 13, 2010 - Ascensus is pleased to announce it has been selected by Golden Eagle Distributors, Inc., an Arizona-based beer, wine and liquor distributor, as the retirement plan solutions provider for its 401(k) plan. Ascensus worked with Bruce Ferguson, managing member of Ferguson Investment Services, and Mike Ellerson, vice president, chief financial officer of Golden Eagle Distributors, Inc., to smoothly transition the plan and its $17+ million in assets under administration and nearly 400 participants.

After the completion of a thorough evaluation by Ellerson and Ferguson, Golden Eagle Distributors, Inc. chose to use Ascensus’ PrudentAdvisor™ full-service retirement program. With tools to simplify plan management, award-winning client service and access to a wide range of investment options—including ETFs—Ascensus proved to be a good fit for Golden Eagle Distributors, Inc.’s needs. In addition, the switch meant making a move to a more cost-effective solution with full-fee transparency, two increasingly important factors in today’s marketplace.

“I have a long history with Golden Eagle. What I have learned over the years is that they truly care about their employees and want to deliver a 401(k) plan that will be valued by their workforce,” said Ferguson. “By making the move to Ascensus, we found an organization that is focused on delivering superior client service and able to support a large mix of quality investments for greater asset class diversification.”

“We are proud of the benefits we deliver to our employees, and we believe the move to Ascensus strengthens these benefits.  Not only were we able to reduce participant expenses, but we were able to add exchange traded funds to create a more diverse investment lineup.  In addition, we appreciate the comprehensive plan sponsor support and the education programs designed to help our employees make informed choices,” explained Ellerson.

“We’re extremely excited about the opportunity to work with Ferguson Investment Services to deliver an exceptional retirement plan to Golden Eagle,” stated Mike Narkoff, senior vice president, Sales at Ascensus.

About Ascensus
With more than 30 years of industry experience, Ascensus delivers high-quality solutions for every segment of the retirement plan marketplace. A division of Crump Group, Inc., a leading provider of retirement services and the largest, most diversified wholesale insurance distributor in the U.S., Ascensus services nearly 27,000 defined contribution plans in the micro to large markets and administers over 1.5 million IRAs. Core capabilities include ERISA consulting, compliance support, sales, trust services, multilingual participant education, training and documentation. Solutions are offered with open architecture investment capabilities tailored to the needs of institutional partners, third party administrators, financial advisors, plan sponsors and participants. Learn more at www.ascensus.com.

About Ferguson Investment Services
Ferguson Investment Services is an independent Registered Investment Advisory firm. This team works with families and businesses to service financial assets through independent, comprehensive investment management. This includes identifying cash flow needs, financial and retirement planning concerns and asset management. Learn more at http://fergusoninvestmentservices.com/index.html.

About Golden Eagle Distributors, Inc.
Golden Eagle Distributors, Inc. has been the exclusive distributor of Anheuser-Busch products across most of Arizona since its creation in 1974. The family-owned company is headquartered in Tucson with offices in Buckeye, Casa Grande, Flagstaff, Globe and Show Low, Arizona. For more information about Golden Eagle Distributors, Inc., please visit www.gedaz.com.

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Contact Email:
***@ascensus.com Email Verified
Source:Ascensus
City/Town:Dresher - Pennsylvania - United States
Industry:Financial services, Investments
Tags:ascensus, retirement plan, 401k, hr, erisa, exchange-traded funds, employee, benefits, human resources
Shortcut:prlog.org/10997791
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