July
Stay informed
Last year, we introduced you to Ascensus and shared some initial information about your plan’s migration. Now that your migration is set for November, we’re excited to begin sharing more information with you as we move ahead.
August - September
Ongoing updates, resources, and support
As we get closer to migration, keep an eye out for ongoing updates including the launch of a participant migration webpage and a new Resources page to help you run your plan with ease post-migration.
Before your plan moves to the Ascensus recordkeeping platform, you’ll be informed of certain deadlines by which you can submit contribution files, distribution and loan requests, and other transactions prior to migration. We’ll share specific dates as we get closer.
October
Setting up for success
Ahead of migration, we’ll email you all the details you need to access and continue managing your plan.
November
November 12: Last day for payroll contribution processing prior to migration
This is the last day to submit and fund a payroll for a payroll date on or before November 12, 2024.
If funding via ACH pull, files must be received by 1:30 p.m. ET. Payrolls with a payroll date after November 12, 2024, should not be entered until after the migration is complete the week of November 18.
November 12: Last day to approve online distributions
This is the last day for plan sponsors to approve online distribution or loan requests (as applicable) until after migration.
November 13: Blackout period for all transactions begins
All transaction activity and account updates, including exchanges, will be suspended beginning at market close (generally 4:00 p.m. ET).
November 15: Begin migration
Your plan migration will begin and continue into the weekend.
Week of November 18: Complete migration
We anticipate the blackout period to end and trading activity and account updates to resume during the week of November 18, 2024. Once your plan's migration is complete, we'll notify you, and your plan website will be re-launched. You'll log in through a new URL, but your login credentials will remain the same.
Your plan migration - Learn more
Learn more about what you can expect when your plan moves to Ascensus in this 15-minute overview video that provides more details about your plan and participant web experiences-a lot of which will look familiar. plus some new features and functionality.