Actuarial Systems Corporation (ASC) and PensionPal are pleased to announce that ASC will acquire PensionPal, effective April 1, 2018.

This decision reflects both companies’ goal to provide retirement plan professionals the software tools they need to work as efficiently and effectively as possible.

PensionPal’s President, Dr. Saeed Golnabi, is joining ASC along with the PensionPal development and support groups. “ASC is a dynamic force in the retirement plan industry,” says Dr. Golnabi. “and we’re excited about this opportunity to become a part of their team.”

PensionPal software will continue to run as an independent system and the existing integration and links with non-ASC products will be maintained and enhanced.

“We are thrilled to welcome PensionPal into ASC,” says Alan Gould, President of ASC. “We believe this is a great development for existing ASC and PensionPal clients. We’ll integrate PensionPal with ASC’s suite of products to create added efficiencies for users of our systems. Additionally, the PensionPal Management software is a terrific complement to our online management tool, CATTS.”

PensionPal’s Management software is a leader in the retirement plan market. ASC is a market leader that serves a broad range of clients from startups and small TPA’s to two thirds of the largest providers in the nation. Today, over 50% of all 401(k) accounts are tested or administered on ASC software.

For additional information contact: pensionpal@asc-net.com