Ascensus President and CEO Bob Guillocheau Recognized by Defined Contribution Market

DRESHER, Pa. - Jan. 31, 2014 - PRLog -- Ascensus, the nation’s largest independent retirement plan and college savings services provider, is pleased to announce that President and CEO Bob Guillocheau has been named 2013’s eighth most influential person in the defined contribution (DC) market by The 401kWire and one of the National Association of Plan Advisors’ top 10 DC innovators.

In 2013, Guillocheau and Ascensus were recognized across the industry for the company’s continued success as a leading provider of retirement services and—in particular—its persistent growth. The 401kWire acknowledged Ascensus’ purchase of ExpertPlan which brought 16,000 plans onto the company’s platform and a second deal which brought in Upromise Investments from Sallie Mae. The latter acquisition allowed Ascensus to diversify itself by extending its footprint beyond retirement and into the college savings arena. As a result, it went from helping over 3 million Americans save for retirement to helping over 6 million Americans save for a college education and retire successfully.

As an innovator, NAPAnet magazine highlighted Guillocheau’s focus on participant outcomes and opportunities for financial advisors to lower plan costs.

“The credit for this recognition from The 401kWire and NAPAnet truly goes to the Ascensus team of more than 1,400 dedicated and committed associates,” said Guillocheau. “What they do each day is important to the lives of more than 6 million Americans. For this, I thank our associates for enabling Ascensus’ success year after year.”

Beginning in 2007, The 401kWire has named Bob Guillocheau among its annual list of 100 most influential in defined contribution. In the past seven years, he has placed in the top 10 four times and in the top 20 six times.

About Ascensus

Ascensus is the largest independent retirement and college savings services provider in the United States, helping 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 43,000 retirement plans and 2.8 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts. For more information, visit www.ascensus.com.