Organizational Changes at Baden Retirement Plan Services
Fort Wayne, Indianapolis—February 26, 2010--Baden Retirement Plan Services (Baden), an Ascensus company, and one of the largest independent regional third party administrators in the Midwest, announces that Thomas R. Ackmann has been named Vice President in charge of the company and Jamie L. Mitchell has been promoted to Manager of Baden’s daily valuation/multi-fund open architecture service area.
“Tom and Jamie possess the experience and knowledge for Baden to continue advancing our offer of independent, flexible retirement plan solutions and superior service to clients across the US from our offices in Fort Wayne and Indianapolis. We are excited about these developments as Baden enters its second year as an Ascensus company,” explained Neil Smith, Senior Vice President of Ascensus’ Strategic Business Support Services.
Tom Ackmann joined Baden in 1998 as a Manager after relocating to Fort Wayne, Indiana from the Chicago area where he was a Project Leader at Hewitt Associates in Lincolnshire, Illinois. He became managing director of the company in 2007 with increased responsibilities for client relations, operations, sales and marketing for the company’s Fort Wayne and Indianapolis offices. As Vice President, he will lead efforts to increase sales throughout the United States with the support of Regional Vice Presidents from Baden’s parent company, Ascensus, one of the largest retirement plan solutions providers in the nation.
Jamie Mitchell has twenty years experience in the retirement plan industry with four accounting/retirement services firms. She is responsible for overseeing Baden’s daily valuation services for 401(k) and 403(b) plans that allow plan sponsors and employees to view and manage their retirement accounts through the company’s secure website or by telephone. She also consults with clients regarding plan design, assists them with their day-to-day retirement plan activity, and performs compliance tests required by the Internal Revenue Service (IRS) and the Department of Labor (DOL).
About Baden Retirement Plan Services. Baden Retirement Plan Services, an Ascensus® company, is an award-winning independent third party administrator with clients throughout the United States with its primary client base in the Midwest. Its teamwork approach, based on a cooperative effort between the company, financial advisors and plan sponsors, affords its clients the flexibility to select among the best-in-class products and services available in the retirement plan industry. Because Baden is not associated with any particular investment fund, and is not licensed to manage assets or provide financial advice, its fees are based on administration and compliance services provided. For more information, visit www.badenrps.com.
About Ascensus With more than 30 years of industry experience, Ascensus provides high-quality solutions for every segment of the retirement marketplace. Ascensus is a division of Crump Group, Inc., (CGI). CGI is a leading provider of retirement services as well as the largest and most diversified wholesale insurance distributor in the United States. As the nation’s largest independent recordkeeper and administrator for retirement plans in the micro to large market segments and a leading provider of regulatory expertise, plan document services and participant enrollment support, Ascensus services over 27,000 defined contribution plans. The company’s core capabilities encompass every component of a sophisticated retirement infrastructure, including administration, recordkeeping, ERISA consulting, compliance and sales support, trust and custody services, multilingual participant education programs, training and documentation. These solutions are offered with the open architecture investment capabilities that can be tailored to support the needs of institutional retirement plan providers, third party administrators, financial advisors and their clients. For more information, visit www.ascensus.com.