ABOUT ASC

"ASC Trust Corporation approached us with the pitch that dealing with a 401(k) provider in our own time zone would not only be about convenience, but that it could also be cost-effective. Having dealt with a couple of off-island 401(k) providers in the past, our staff was hesitant to undergo another change that would directly affect their families’ future. In the end, we made the decision to go with a local provider with a trusted reputation. Since switching to ASC, the staff has experienced a level of service where not only their expectations were met, but they truly felt like they were taken care of by someone who cared. We made the right choice." 

 

-Brian Bamba 
Executive Vice President
IP&E


ASC Trust Corporation is a proven leader and the largest provider of retirement plan management services in Micronesia. To best serve our clients, our team of more than 60 professionals are located in three locations throughout the region. We manage in excess of 340 retirement plans, representing 23,059 participants and more than $515 million in assets.

Our business philosophy is simple: The participants in our plans come first in everything we do. For the past two decades, this understanding has led ASC Trust to create an extensive selection of innovative products and services designed to help plan participants save for a successful retirement, one paycheck at a time.

Our goal is simple yet bold: We aim to revolutionize retirement plans in the Pacific Region by providing plan sponsors and participants the services they need to plan for a successful retirement.

When an employer hires ASC Trust to manage a retirement plan, we can offer the best of two worlds: a local team providing unparalleled personal service and the support of industry- leading partners*, including SunGard, Raymond James and Fidelity Institutional Wealth Services, that help manage our technology and our investments.

  • Fidelity is the leading provider of retirement plan management with more than $4.2 trillion in assets under administration. Fidelity provides full-service investment management to ASC, including investment custody and trading execution.

  • With over $475 billion in client assets under administration, Raymond James has grown to become one of the largest independent financial service firms in the United States. More than 50 years after their founding, they remain true to their tenets of conservatism, independence, integrity and putting clients first - laying the groundwork for financial strength and integrity.

  • With more than 20,000 employees and $4 billion in annual revenue, SunGard is a leader in financial software technology. In addition to hosting and maintaining ASC’s data servers, SunGard provides compliance and plan document support.

*Partners are not employed by or affiliated with ASC Trust Corporation.