Ascensus Launches Plan Adoption System(TM) with EGTRRA Qualified Plan Documents.

BRAINERD, Minn. -- Ascensus announced today it has released Version 4.1 of its Plan Adoption System[TM] (PAS V4.1), which generates IRS-approved prototype qualified retirement plan documents. PAS is an Internet-based document-generation system that takes qualified retirement plan design and setup to the highest level of accuracy and efficiency.

Qualified retirement plans generally must be restated for EGTRRA (Economic Growth and Tax Relief Reconciliation Act of 2001) by March 31, 2010. By using PAS V4.1 to generate all the necessary retirement plan documents, including plan-specific Summary Plan Descriptions, prototype document sponsors will know that their plan document packages for existing and new plans are complete, accurate and EGTRRA-compliant.

As new legislation and regulatory guidance require changes to qualified retirement plans, Ascensus supports and updates PAS' core compliance content and revises all affected documents. With PAS' dynamic structure, prototype document sponsors can ensure that all required documents and future amendments are properly sent to employers. PAS also contains a data extract feature that allows for easy integration into retirement plan recordkeeping systems once documents are completed and signed.

The PAS application operates on Ascensus' WebSite Administrator[TM] technology, which allows organizations to customize roles and user access levels to best suit the organization's needs. Access to help screens and an online reference guide is also available.

For sales inquiries, please contact an Ascensus Sales Representative at 800-346-3860.

About Ascensus

With nearly 30 years of industry experience, Ascensus provides high-quality solutions for every segment of the retirement marketplace. As the nation's largest independent administrator and recordkeeper for small- and mid-sized retirement plans, Ascensus services over 26,000 defined contribution plans and nearly 1.5 million employees, with more than $33 billion in assets under administration. The company's programs are built upon a comprehensive investment platform and are tailored to support the needs of institutional retirement plan providers, financial advisors and their clients. Core offerings encompass every component of a sophisticated retirement infrastructure, including administration, recordkeeping, ERISA consulting, compliance and sales support, trust and custody services, training and documentation. For more information, visit www.ascensus.com.