ProductsJune 23, 2010

Ascensus to Offer Health Care Industry Plans

Ascensus announced it has partnered with ENT Resources Inc. (ENTRI), the for-profit subsidiary of the American Academy of Otolaryngology-Head and Neck Surgery to deliver retirement plans to the health care industry.

Reported by PLANSPONSOR staff

A news release said the plan offering will be carried out jointly with Academy Benefit Partners (ABP) and will be offered by registered investment advisers (RIAs). ENTRI, a specialized provider of multiple employer and custom 401(k) plans, markets its products under the ABP brand.

“The ABP brand and marketing support program will provide RIAs with a competitive edge in the health care industry,” said Mike Narkoff, Senior Vice President, Sales at Ascensus, in the news release.

The news release said the joining of Ascensus and ABP will take advantage of strengths both partners offer including ABP’s multiple-employer approach with experience leveraging the combined scale and scope of participating employers to deliver features and benefits previously only available to larger institutions.

More information is at www.ascensus.com.