Vanguard handing over my 401(k) plan to Ascensus Trust Company

I am self-employed and have had a Solo 401(k) with Vanguard as recommended by Clark. They recently sent a letter indicating my 401(k) plan will be taken over by Ascensus Trust Company.

Anything I need to be concerned about?


Ascensus manages our company’s 401(k) accounts, and we haven’t experienced any issues yet. We have a full article on the deal here with more information. Clark is on the lookout for any fee increases or problems, and we’ll update our article if we have any issues.

Thanks for the feedback!