NOT FOR REPRINT
Vanguard to Exit Individual 401(k) Business
News April 16, 2024 at 05:27 PM
Share & Print
What You Need To Know
- Ascensus will take on Vanguard's individual 401(k) plan retirement plan recordkeeping business, along with its multiple participant SEP and SIMPLE IRA plans.
- Plan participants will retain access to a diverse lineup of Vanguard mutual funds via the Ascensus platform.
- The news reflects significant consolidation in the competitive and margin-compressed retirement plan recordkeeping business.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
