Welcome

First Citizens Wealth and Newport have a longstanding relationship working with plan sponsors to help employees achieve retirement readiness.

Now, we're excited to continue working together under the Ascensus brand, with Ascensus serving as the new recordkeeping platform provider for your First Citizens retirement plan.

We'll do the heavy lifting

There's not much for you to do and many of the features and services you and your employees value today will continue to be part of your experience going forward. In November, your plan will be migrated to the Ascensus recordkeeping services platform.

Over time, your experience will continue to evolve, with future enhancements making it even easier for you to manage your plan and encourage better savings practices for your employees.

First Citizens commitment to you

First Citizens is committed to providing retirement plan solutions that help plan participants work towards their savings goals. In 2019, First Citizens teamed with Newport to expand and enhance the retirement services program. In 2022, Ascensus and Newport became part of a unified organization under Ascensus, a premier tax-advantaged savings program provider.

Meet Ascensus

Everyone deserves to feel financially secure. Ascensus is here to help more people get there. For more than 40 years, we've partnered with leading financial institutions to serve organizations like yours and help participants prepare for a more secure retirement.

#1

largest independent recordkeeping services provider in the United States1

28

Best in Class awards, for retirement plans up to $200 million. Most won among all retirement plan providers for plans up to $50 million.2

40+

years of industry experience3

$808+ billion

in assets under administration3

153,700+

retirement plans administered3

4.8+ million

retirement plan participants served3

1Cerulli Associates. The Cerulli Report: U.S. Retirement Markets 2023. December 2023.
2PLANSPONSOR. 2023 Defined Contribution (DC) Survey. February 2024.
3As of March 31, 2024.

What's next?

For a transition timeline and additional details, visit your Timeline page.