FuturePlan
FuturePlan by Ascensus is a national retirement Third-Party Administrator providing plan design, administration, compliance, actuarial, and 3(16) fiduciary services for 41,000+ qualified plans, serving financial advisors, plan sponsors, and institutional recordkeeper partners across all 50 states.
- Company typePrivate
- Founded2010
- HeadquartersDresher, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FuturePlan does
FuturePlan by Ascensus is a national retirement Third-Party Administrator (TPA) headquartered in Dresher, Pennsylvania, established in 2010 when Ascensus consolidated 30+ legacy TPA firms. The company provides full-lifecycle retirement plan services — plan design, actuarial valuation, compliance, Form 5500 preparation, plan document maintenance, 3(16) fiduciary services, compliance resolution and restoration, and plan takeovers/terminations — across 401(k), 403(b), 457, defined benefit, cash balance, nonqualified deferred compensation, group/PEP, and prevailing wage plans. FuturePlan serves three customer segments: financial advisors and RIAs seeking a TPA partner, plan sponsors (small to enterprise employers) needing administration and compliance, and institutional partners (recordkeepers, broker-dealers) seeking co-branded or white-labeled TPA services. The most differentiated capability is its in-house talent stack — 80+ ERISA experts, 60+ enrolled actuaries, and 240+ actuarial analysts — paired with a 1,500+ person overall organization and a 50-state field-sales model led by Regional Vice Presidents and Sales Consultants.
The technology backbone is the proprietary my.FuturePlan portal (single sign-on, dashboards, onboarding tracker, two-way messaging; over 1 million logins supporting 25,000+ plans and 45,000 active users) and Fiduciary Assistant, a proprietary 100-point payroll data integrity check designed to catch errors common in DOL/IRS audits. Specialized product lines include Cash Balance Plans (a Cash Balance Center of Excellence with 35+ years of expertise led by Dan Kravitz), FuturePlan EAP and PATH PEP pooled employer plans (built with Voya Financial), and the cash balance Coach Training program that has credentialed 4,500+ advisors. Sub-brands include Beneco (prevailing wage), Legacy Kravitz Cash Balance Plans, Nyhart (actuarial), and Intac, all integrated under the FuturePlan by Ascensus umbrella.
Revenue is generated through professional services fees on third-party plan administration, with quote-based pricing not publicly disclosed. FuturePlan monetizes across plan types and complexity tiers, leveraging channel partnerships with elite recordkeepers (Voya, Principal, Fidelity, Transamerica, Vestwell, RBC) for distribution. Reported operational scale includes 41,000+ plans, 1.4M+ participants, and $111B+ in assets under administration as of mid-2025, with national geographic reach across all 50 states. The company is privately held as a brand of Ascensus LLC, led by President Kasey Price (appointed August 2022) reporting to Ascensus CEO David Musto.
FuturePlan firmographics
Firmographics- Name
- FuturePlan
- Legal name
- Ascensus LLC
- Website
- https://futureplan.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FuturePlan by Ascensus is a national retirement Third-Party Administrator providing plan design, administration, compliance, actuarial, and 3(16) fiduciary services for 41,000+ qualified plans, serving financial advisors, plan sponsors, and institutional recordkeeper partners across all 50 states.
- Ownership category
- akta.pro rank
FuturePlan industry classification
Industry- Product category
- Retirement Plan Administration (Third-Party Administration / TPA Services)
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411), Finance Services (6199)
- akta.pro primary industry
- Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)
- akta.pro secondary industry
- Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD)
Keywords
Where FuturePlan is headquartered
LocationHeadquarters
- HQ city
- Dresher
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
FuturePlan business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Third-Party Administration Services: FuturePlan generates revenue through providing comprehensive retirement plan administration services including 401(k), 403(b), 457, Cash Balance, Defined Benefit, and Group Retirement Plans. Services include actuarial services, 3(16) fiduciary services, compliance, plan document preparation, and Form 5500 preparation.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
FuturePlan product offering
Product offeringCore offering
FuturePlan is a national retirement third-party administrator providing end-to-end plan design, administration, actuarial, and compliance services for 401(k), 403(b), 457, cash balance, defined benefit, group retirement, nonqualified deferred compensation, and prevailing wage plans. It also delivers 3(16) fiduciary services, a proprietary client and advisor portal (my.FuturePlan), the Fiduciary Assistant payroll data integrity check, and pooled employer plans (FuturePlan EAP and PATH PEP) targeting financial advisors, plan sponsors, and institutional partners.
Product overview
FuturePlan by Ascensus is a leading national retirement Third-Party Administrator (TPA) offering a comprehensive platform of retirement plan design, administration, and compliance services. The company provides an integrated suite of products including my.FuturePlan (a client and advisor portal), PATH PEP and FuturePlan EAP (pooled employer plans), Cash Balance Plans, 401(k), 403(b), 457, Defined Benefit, Group Retirement, Nonqualified Deferred Compensation, and Prevailing Wage Plans. Supporting services include 3(16) Fiduciary Services, Actuarial Services, Compliance Resolution, and the Fiduciary Assistant payroll data integrity program. The company operates nationwide with expertise across all plan types, serving advisors, plan sponsors, and institutional partners through a network of sales consultants and dedicated service teams.
Differentiator
Problem solved
Functional benefit
Brands
- Beneco: Prevailing Wage Plans specialist, part of FuturePlan by Ascensus
- Legacy Kravitz Cash Balance Plans
- my.FuturePlan
Products and services
- my.FuturePlan Portal Proprietary client and advisor portal providing immediate access to plan information, resources, action items, and news from a central dashboard, with single sign-on, onboarding business tracker, and two-way messaging for FuturePlan clients and their financial advisors.
- 3(16) Fiduciary Services Third-party fiduciary services where FuturePlan assumes complete fiduciary responsibility for plan administration, including fee disclosures, plan documentation, participant eligibility monitoring, and distribution paperwork, reducing plan sponsor liability.
- 401(k) and Defined Contribution Plans Traditional 401(k) and defined contribution retirement plans for employers with customizable plan design options, supporting Solo(k) and Solo DB plan structures for self-employed business owners and consultants.
- 403(b) Plans Tax-sheltered annuity plans for employees of public schools and certain tax-exempt organizations, administered as part of FuturePlan's plan administration portfolio.
- 457 Plans Deferred compensation plans for government employees and certain tax-exempt organizations.
- Cash Balance Plans Tax-efficient defined benefit plan designs with individual participant accounts that grow from employer contributions plus a guaranteed interest credit, popular with high-earning professionals and business owners seeking significant tax deductions.
- Defined Benefit Plans Traditional pension-style retirement plans providing guaranteed benefits based on salary and years of service.
- Group Retirement Plans Multi-employer and pooled employer plan solutions enabling employers to participate in larger retirement plans with shared administrative efficiencies.
- Nonqualified Deferred Compensation Plans Supplemental retirement plans for highly compensated employees beyond IRS-qualified plan limits.
- Prevailing Wage Plans Specialized benefit plans for the construction industry helping firms reduce costs and win government contracts by complying with Davis-Bacon Act prevailing wage requirements, supported by FuturePlan's Beneco sub-brand.
- Actuarial Services In-house actuarial practice providing valuation services, funding analysis, and compliance support for defined benefit and cash balance plans, supporting plan design and ongoing administration.
- Fiduciary Assistant Proprietary 100-point payroll data integrity check designed to prevent the most common plan errors flagged in U.S. Department of Labor and IRS audits, working in conjunction with partner payroll vendors.
- FuturePlan EAP (Employer Aggregated Plan) Employer Aggregated Plan product developed in collaboration with Voya Financial designed to ease administrative burdens and limit fiduciary risk while providing retirement plan access to more savers, with streamlined plan provisions for small plans.
- PATH PEP (Pooled Employer Plan) Pooled Employer Plan bringing institutional-quality retirement capabilities to mid- and large-market employer segments with open investment architecture, delivered with Voya as recordkeeper and trustee and Mesirow providing 3(38) investment fiduciary services.
- All-inclusive Plan Administration Comprehensive end-to-end retirement plan administration services covering all aspects of plan management.
- Plan Takeover and Redesign Services for transitioning plans from previous administrators and redesigning existing plan structures for improved outcomes.
- Compliance Resolution and Restoration Correction services for plan errors including missed amendments, eligibility issues, and other compliance violations under EPCRS and other IRS/DOL correction programs.
- Cash Balance Coach Training Proprietary training program for financial advisors teaching cash balance plan sales strategies, tax savings approaches, and business growth techniques; over 4,500 advisors have completed the training.
Quantifiable outcome
- 97% client retention rate for 3(16) fiduciary services plans
- +5 more outcomes
Companies that use FuturePlan
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
FuturePlan technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
FuturePlan partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Voya FinancialcoreFuturePlan collaborated with Voya Financial to launch the PATH Pooled Employer Plan (PATH PEP), bringing institutional-quality retirement capabilities to mid- and large-market employers. Voya serves as recordkeeper and trustee, Mesirow provides 3(38) investment fiduciary services, and FuturePlan acts as pooled plan provider, TPA, and 3(16) administrative fiduciary.
- Newport (Ascensus Company)minorNewport, another Ascensus company, is a source of talent for FuturePlan. Ryan Moore joins FuturePlan from Newport where he held roles focused on advisor engagement and business development.
- Principal Financial GroupcorePrincipal Financial Group collaborated with FuturePlan to meet heightened demand for pooled retirement plans. FuturePlan assumed administrative responsibilities for Principal EASE, the firm's largest Pooled Employer Plan (PEP) by client count, serving as pooled plan provider, 3(16) plan administrator, and TPA.
- Voya FinancialcoreIntroduction of FuturePlan EAP (Employer Aggregated Plan) in collaboration with Voya Financial. Voya serves as recordkeeper, FuturePlan is the TPA and 3(16) service provider, and LeafHouse provides 3(38) services.
- RBC Wealth ManagementcoreFuturePlan partnered with RBC Wealth Management and Transamerica for the RBC Group Retirement Plan (GRP), an innovative pooled plan solution for U.S. business owners. The collaboration includes the FuturePlan Fiduciary Assistant program.
- TransamericacoreTransamerica partnered with RBC Wealth Management and FuturePlan for the RBC Group Retirement Plan (GRP). Transamerica serves as investment provider in this pooled plan solution.
- VestwellcoreVestwell named FuturePlan as one of its preferred TPA partners as part of their new Vestwell Flex solution. Vestwell Flex helps streamline the process of selecting a TPA by bundling pricing and agreements while unbundling TPA services.
- Fidelity InvestmentsminorPreferred partnership with elite recordkeeper as part of FuturePlan's independent business model.
- AscensuscoreFuturePlan is a brand of Ascensus, backed by the strength and security of a national leader. Ascensus provides technology, market insights, and business knowledge to enhance growth and success of partners, their clients, and savers.
- MesirowcoreMesirow provides 3(38) investment fiduciary services as part of the PATH PEP collaboration with Voya Financial and FuturePlan.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
FuturePlan competitors and assessment
Company assessmentDirect peers
- Pentegra Retirement Services: Independent retirement plan services firm offering 3(16)/3(21)/3(38) fiduciary, plan administration, and consulting for defined benefit and defined contribution plans. Directly comparable to FuturePlan in serving advisors and plan sponsors with unbundled, advisor-centric TPA services (and explicitly named in FuturePlan leadership background).
- Alerus Retirement Solutions: National retirement plan administration and recordkeeping firm providing 401(k), 403(b), defined benefit, and nonqualified plan administration with consulting support. Competes head-to-head with FuturePlan for advisor-led and mid-market plan sponsor relationships (and is referenced in FuturePlan leadership's prior experience).
Broad incumbents
- Empower Retirement: One of the largest U.S. retirement plan recordkeepers and administrators serving small to enterprise plans with bundled and unbundled services. Represents the scale competitor FuturePlan must displace in advisor-led deals, especially as Empower pushes deeper into the mid-market.
- ADP Retirement Services: Bundled retirement plan administration built into ADP's payroll platform, primarily serving small and mid-market employers. Competes with FuturePlan's plan sponsor offering on convenience and integration rather than independent advice.
- Paychex Retirement: Paychex's retirement plan administration business offers 401(k) recordkeeping integrated with payroll, targeting small and mid-market employers. A direct competitor to FuturePlan's bundled-style plan administration services.
- The Standard: National provider of retirement plans, group disability, and group life insurance with full-service plan administration and recordkeeping. Competes with FuturePlan across 401(k), defined benefit, and nonqualified markets.
- OneAmerica: Provider of retirement plans, annuities, and employee benefits including 401(k), 403(b), and defined benefit administration. FuturePlan sales leadership previously held retirement plan sales roles at OneAmerica, underscoring overlap in target markets.
- Nationwide Financial Retirement Plans: Large national retirement plan provider offering recordkeeping, administration, and fiduciary services across 401(k), 403(b), and defined benefit plans. Multiple FuturePlan regional VPs came from Nationwide, highlighting competitor overlap in sales talent and customer base.
- Charles Schwab Retirement Plan Services: Recordkeeper and administrator for 401(k), 403(b), and other workplace plans, with deep advisor integration. Competes with FuturePlan's mid-market and advisor-sold retirement plan business, particularly for plans on Schwab's platform.
Regional players
- Newport (an Ascensus company): Sister Ascensus brand providing retirement plan recordkeeping, consulting, and institutional services to plan sponsors and advisors. Operates in adjacent space within the same parent, with overlapping service lines (and a shared internal talent pipeline with FuturePlan).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
FuturePlan social profiles
Digital presenceFuturePlan financial estimates
Financial estimateRevenue estimate
Valuation estimate
FuturePlan leadership team
Management profileNumber of profiles
Profiles6 records
FuturePlan subsidiaries and ownership
Company hierarchySubsidiaries4 records
FuturePlan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FuturePlan M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FuturePlan
What does FuturePlan do?
FuturePlan is a national retirement third-party administrator providing end-to-end plan design, administration, actuarial, and compliance services for 401(k), 403(b), 457, cash balance, defined benefit, group retirement, nonqualified deferred compensation, and prevailing wage plans. It also delivers 3(16) fiduciary services, a proprietary client and advisor portal (my.FuturePlan), the Fiduciary Assistant payroll data integrity check, and pooled employer plans (FuturePlan EAP and PATH PEP) targeting financial advisors, plan sponsors, and institutional partners.
Is FuturePlan a public or private company?
FuturePlan is a private company. It is classified as private equity controlled and is currently operating.
When was FuturePlan founded?
FuturePlan was founded in 2010. It employs 11 to 50 people.
Where is FuturePlan based?
FuturePlan is headquartered in Dresher, United States, in the North America region.
How does FuturePlan make money?
One revenue line is on record: third-Party Administration Services.
Who are FuturePlan's main competitors?
Direct peers on record are Pentegra Retirement Services and Alerus Retirement Solutions. Broad incumbents are Empower Retirement, ADP Retirement Services, Paychex Retirement, The Standard, OneAmerica, Nationwide Financial Retirement Plans and Charles Schwab Retirement Plan Services. Newport (an Ascensus company) is listed as a regional player.
Does FuturePlan have an API?
No public API is recorded for FuturePlan.
What industry is FuturePlan in?
FuturePlan's product category is Retirement Plan Administration (Third-Party Administration / TPA Services). Its primary akta.pro industry code is FSAEABAE, Employer Retirement Plan Advisory (401(k)/Pension), with a secondary code of FSAEAAAD, Retirement & Pension Planning (401(k)/IRA). Its NAICS code is 524292 and its SIC code is 6411.