Search company, investor...
Search

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

401kplus.com

Founded Year

1981

Stage

Acquired | Acquired

About 401k Plus

401k Plus provides companies, with record keeping, administration, and actuarial services for their retirement plans.

401k Plus Headquarters Location

5840 W Interstate 20 Suite 205

Arlington, Texas, 76017,

United States

(817) 563-3400

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest 401k Plus News

Ascensus Announces Agreement to Acquire 401k Plus

Jul 31, 2018

Share this article DRESHER, Pa., July 31, 2018 /PRNewswire/ -- Ascensus , a technology-enabled solutions provider that helps more than 8 million Americans save for the future, has entered into an agreement to acquire 401k Plus. The third-party administration (TPA) firm will immediately become part of Ascensus' TPA Solutions division . Retirement Asset Advisory, Inc., a registered investment advisor co-owned by 401k Plus' owners, is not a part of the transaction and will continue to be managed separately. Based in Arlington, Texas, 401k Plus provides employers with comprehensive benefit and benefit plan administrative and consulting services. The firm specializes in developing and administering participant-directed 401(k) plans, but also offers cash balance plans, traditional defined benefit plans, profit sharing plans, and money purchase pension plans. "As an organization, 401k Plus does a phenomenal job of getting to know their clients so that they can understand their businesses and employees," says Jerry Bramlett, head of TPA Solutions. "This high-touch approach to service aligns nicely with the way that TPA Solutions engages with clients—we're looking forward to strengthening our team through the addition of 401k Plus' associates." "At 401k Plus, we're proud of our reputation for providing efficient, accurate, and affordable services to our clients," states John Cole, 401k Plus's owner and vice president. "We'll continue to build on this reputation as part of Ascensus as we work to develop retirement plan solutions that are tailored to the needs of companies and their employees." "401k Plus is a highly respected qualified plan administrator in Texas," says Raghav Nandagopal, Ascensus' executive vice president of corporate development and M&A. "In addition to establishing our TPA Solutions market presence in this important geographic region and continuing to expand our national footprint, this acquisition supports our growth strategy by increasing our defined contribution and defined benefit expertise to support current and prospective client needs." About Ascensus Ascensus helps more than 8 million Americans save for the future—retirement, education, and healthcare—through technology-enabled solutions. With more than 35 years of experience, the firm offers tailored solutions that meet the needs of asset managers, banks, credit unions, state governments, financial professionals, employers, and individuals. Ascensus supports over 60,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.6 million IRAs and health savings accounts. As of March 31, 2018, Ascensus had over $187 billion in total assets under administration. For more information about Ascensus, visit ascensus.com . View career opportunities at careers.ascensus.com/page/show/tpa and careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus . For the latest company news, follow @AscensusInc on Twitter. SOURCE Ascensus

  • When was 401k Plus founded?

    401k Plus was founded in 1981.

  • Where is 401k Plus's headquarters?

    401k Plus's headquarters is located at 5840 W Interstate 20, Arlington.

  • What is 401k Plus's latest funding round?

    401k Plus's latest funding round is Acquired.

  • Who are the investors of 401k Plus?

    Investors of 401k Plus include Ascensus.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.