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Nyhart

Full company profile

uuid000ejyh

Namestring
Nyhart
Legal namestring
The Nyhart Company
Websiteurl
nyhart.com
Company typeenum
Private
Founded yearint
1943
Descriptiontext

Nyhart is an actuarial and employee benefit consulting firm headquartered in Indianapolis, Indiana, founded in 1943. The firm delivers professional services across five core practice areas: pension actuarial consulting, healthcare actuarial consulting (including OPEB valuations), defined contribution plan administration, cash balance plan consulting, and pension administration outsourcing. It serves over 2,000 clients nationally across a diversified vertical mix spanning state and municipal governments, healthcare systems, higher-education institutions, religious organizations, and private-sector employers, with client assets exceeding $20 billion under advisory or administration.

The firm's technology stack consists of proprietary software platforms underpinning its service delivery: a pension administration system with a custom administrator portal, benefit application generation, and calculation engines; a defined contribution platform with daily valuation, 24/7 participant and plan sponsor web access (my.nyhart.com), and a participant mobile app; and customized actuarial tools for premium rate setting, contribution modeling, and financial analysis. Nearly 100 actuaries, employee benefit consultants, and administrators staff the practice, supported by offices in Indianapolis and San Diego.

Nyhart generates revenue through professional services fees and managed-service administration contracts priced on a quote-based model (no public pricing). Its go-to-market is consultative enterprise B2B sales, with a particular emphasis on regulatory-driven mandates such as GASB 67/68, ASC 715, and Form 5500 preparation. Since December 2019, Nyhart has operated as part of FuturePlan by Ascensus — the nation's largest retirement third-party administrator, serving more than 46,000 plan sponsors across 40+ locations — combining local high-touch service with the distribution and infrastructure of an industry-leading parent platform.

Short descriptiontext

Nyhart is an Indianapolis-based actuarial and employee benefit consulting firm serving over 2,000 clients across government, healthcare, education, and private-sector verticals with pension, healthcare, defined contribution, and cash balance plan services. Founded in 1943, it operates as part of FuturePlan by Ascensus.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersIndianapolis, United States
HQ citystring
Indianapolis
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
actuarial consulting, retirement plan administration, employee benefits consulting, pension administration, defined contribution services
Industry1 code
1HR Compliance & Policy Administration Outsourcing (incl. regulatory reporting)
CodeBPACAKAKPrimaryYes
NAICS code1 code
  • Human Resources Consulting Services541612
SIC code2 codes
  • Services-Management Consulting Services8742
  • Services-Engineering, Accounting, Research, Management8700
Product category
Actuarial and Retirement Benefits Consulting
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Actuarial Consulting Services
TypeProfessional Services
Description

Professional actuarial consulting fees for pension, healthcare, and cash balance actuarial consulting services to employers and government entities.

nyhart.com
2Retirement Plan Administration
TypeManaged Services
Description

Third-party administration (TPA) services for defined contribution plans including daily valuation, transaction processing, Form 5500 preparation, discrimination testing, and plan document preparation.

nyhart.com
3Pension Administration Solutions
TypeManaged Services
Description

Comprehensive pension administration outsourcing solutions ranging from insourcing assistance to fully outsourced solutions with transparent and flexible pricing.

nyhart.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Nyhart is an actuarial and employee benefit firm that delivers pension actuarial consulting, healthcare actuarial consulting, defined contribution plan administration, cash balance plan consulting, and pension administration outsourcing to employers and government entities. Services include annual valuations, GASB/ASC 715 compliance testing, de-risking strategies, daily-valuation DC plan administration, and Form 5500 preparation, all backed by proprietary pension administration software and a 24/7 participant portal.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Client assets exceeding $20 billion managed/advisory relationship
+2 more records
Product overview1 text field

Nyhart offers a suite of actuarial consulting and retirement benefit administration services organized around five core product areas: Pension Actuarial Consulting, Healthcare Actuarial Consulting, Defined Contribution plan administration, Cash Balance Actuarial Consulting, and Pension Administration Solutions. The company operates proprietary software platforms to deliver these services. Nyhart became part of FuturePlan by Ascensus in December 2019, integrating into the nation's largest retirement third-party administrator while maintaining local service operations. The portfolio is delivered by nearly 100 actuaries and employee benefit consultants serving over 2,000 clients with client assets exceeding $20 billion.

Product and service1 record
1Pension Actuarial Consulting
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1FuturePlan by Ascensus
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-12-01
Description

Nyhart became part of FuturePlan by Ascensus as of December 2019. FuturePlan is a line of business within Ascensus, described as the nation's largest retirement third-party administrator. The partnership combines Nyhart's high-touch local service with the strength and security of an industry leader.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Nyhart

Actuarial and Retirement Benefits Consultingnyhart.com

Nyhart is an Indianapolis-based actuarial and employee benefit consulting firm serving over 2,000 clients across government, healthcare, education, and private-sector verticals with pension, healthcare, defined contribution, and cash balance plan services. Founded in 1943, it operates as part of FuturePlan by Ascensus.

What Nyhart does

Nyhart is an actuarial and employee benefit consulting firm headquartered in Indianapolis, Indiana, founded in 1943. The firm delivers professional services across five core practice areas: pension actuarial consulting, healthcare actuarial consulting (including OPEB valuations), defined contribution plan administration, cash balance plan consulting, and pension administration outsourcing. It serves over 2,000 clients nationally across a diversified vertical mix spanning state and municipal governments, healthcare systems, higher-education institutions, religious organizations, and private-sector employers, with client assets exceeding $20 billion under advisory or administration.

The firm's technology stack consists of proprietary software platforms underpinning its service delivery: a pension administration system with a custom administrator portal, benefit application generation, and calculation engines; a defined contribution platform with daily valuation, 24/7 participant and plan sponsor web access (my.nyhart.com), and a participant mobile app; and customized actuarial tools for premium rate setting, contribution modeling, and financial analysis. Nearly 100 actuaries, employee benefit consultants, and administrators staff the practice, supported by offices in Indianapolis and San Diego.

Nyhart generates revenue through professional services fees and managed-service administration contracts priced on a quote-based model (no public pricing). Its go-to-market is consultative enterprise B2B sales, with a particular emphasis on regulatory-driven mandates such as GASB 67/68, ASC 715, and Form 5500 preparation. Since December 2019, Nyhart has operated as part of FuturePlan by Ascensus — the nation's largest retirement third-party administrator, serving more than 46,000 plan sponsors across 40+ locations — combining local high-touch service with the distribution and infrastructure of an industry-leading parent platform.

Nyhart firmographics

Firmographics
Name
Nyhart
Legal name
The Nyhart Company
Website
https://nyhart.com
Company type
Private
Founded year
1943
Operating status
Operating
Headcount range
101–250 employees
Short description
Nyhart is an Indianapolis-based actuarial and employee benefit consulting firm serving over 2,000 clients across government, healthcare, education, and private-sector verticals with pension, healthcare, defined contribution, and cash balance plan services. Founded in 1943, it operates as part of FuturePlan by Ascensus.
Ownership category
akta.pro rank

Nyhart industry classification

Industry
Product category
Actuarial and Retirement Benefits Consulting
NAICS
Human Resources Consulting Services (541612)
SIC
Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)
akta.pro primary industry
HR Compliance & Policy Administration Outsourcing (incl. regulatory reporting) (BPACAKAK)

Keywords

  • Actuarial consulting
  • Retirement plan administration
  • Employee benefits consulting
  • Pension administration
  • Defined contribution services

Where Nyhart is headquartered

Location

Headquarters

HQ city
Indianapolis
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Nyhart business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Actuarial Consulting Services: Professional actuarial consulting fees for pension, healthcare, and cash balance actuarial consulting services to employers and government entities.
  2. Retirement Plan Administration: Third-party administration (TPA) services for defined contribution plans including daily valuation, transaction processing, Form 5500 preparation, discrimination testing, and plan document preparation.
  3. Pension Administration Solutions: Comprehensive pension administration outsourcing solutions ranging from insourcing assistance to fully outsourced solutions with transparent and flexible pricing.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Nyhart product offering

Product offering

Core offering

Nyhart is an actuarial and employee benefit firm that delivers pension actuarial consulting, healthcare actuarial consulting, defined contribution plan administration, cash balance plan consulting, and pension administration outsourcing to employers and government entities. Services include annual valuations, GASB/ASC 715 compliance testing, de-risking strategies, daily-valuation DC plan administration, and Form 5500 preparation, all backed by proprietary pension administration software and a 24/7 participant portal.

Product overview

Nyhart offers a suite of actuarial consulting and retirement benefit administration services organized around five core product areas: Pension Actuarial Consulting, Healthcare Actuarial Consulting, Defined Contribution plan administration, Cash Balance Actuarial Consulting, and Pension Administration Solutions. The company operates proprietary software platforms to deliver these services. Nyhart became part of FuturePlan by Ascensus in December 2019, integrating into the nation's largest retirement third-party administrator while maintaining local service operations. The portfolio is delivered by nearly 100 actuaries and employee benefit consultants serving over 2,000 clients with client assets exceeding $20 billion.

Differentiator

Problem solved

Functional benefit

Products and services

  • Pension Actuarial Consulting

Quantifiable outcome

  • Client assets exceeding $20 billion managed/advisory relationship
  • +2 more outcomes

Companies that use Nyhart

Customer profile

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Nyhart technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Nyhart partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • FuturePlan by AscensuscoreStrategic or Co-development Partner · 1 December 2019Nyhart became part of FuturePlan by Ascensus as of December 2019. FuturePlan is a line of business within Ascensus, described as the nation's largest retirement third-party administrator. The partnership combines Nyhart's high-touch local service with the strength and security of an industry leader.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Nyhart competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

Nyhart social profiles

Digital presence

Nyhart compliance and trust

Trust signal

Compliance1 record

Nyhart financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Nyhart leadership team

Management profile

Number of profiles

Nyhart funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Nyhart M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nyhart

What does Nyhart do?

Nyhart is an actuarial and employee benefit firm that delivers pension actuarial consulting, healthcare actuarial consulting, defined contribution plan administration, cash balance plan consulting, and pension administration outsourcing to employers and government entities. Services include annual valuations, GASB/ASC 715 compliance testing, de-risking strategies, daily-valuation DC plan administration, and Form 5500 preparation, all backed by proprietary pension administration software and a 24/7 participant portal.

Is Nyhart a public or private company?

Nyhart is a private company. It is classified as corporate owned and is currently operating.

When was Nyhart founded?

Nyhart was founded in 1943. It employs 101 to 250 people.

Where is Nyhart based?

Nyhart is headquartered in Indianapolis, United States, in the North America region.

How does Nyhart make money?

Three revenue lines are on record. Actuarial Consulting Services are the primary driver. The others are retirement Plan Administration and pension Administration Solutions.

Does Nyhart have an API?

No public API is recorded for Nyhart.

What industry is Nyhart in?

Nyhart's product category is Actuarial and Retirement Benefits Consulting. Its primary akta.pro industry code is BPACAKAK, HR Compliance & Policy Administration Outsourcing (incl. regulatory reporting). Its NAICS code is 541612 and its SIC code is 8742.

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