Ascensus Leverages PlanPort AI Platform

Recordkeeper and retirement services firm Ascensus LLC will use PlanPort’s artificial intelligence-enabled platform to support retirement plan document review.

The platform, which uses AI to read and analyze plan documents, is designed to streamline document processing, while keeping Ascensus’ existing review standards and quality controls, according to PlanPort’s announcement. It will be used in “select operational workflows.”

“Technology plays an important role in helping us scale thoughtfully and effectively,” said Tami Evanson, a senior vice president of information technology at Ascensus, in a statement. “PlanPort’s solution supports select operational workflows and enables our teams to spend less time on repetitive review tasks while maintaining the quality and controls our clients expect.”

PlanPort launched in March 2025 and has since been adopted by stakeholders supporting 401(k), 403(b), 457(b) and defined benefit plans.

In an interview with PLANSPONSOR’s sister publication PLANADVISER last year, the founder of PlanPort, ERISA lawyer David Levine, said his company does not train AI models on client documents, saying, “They are not ‘the product’ that could be sold or leak out between our business partners.”

Ascensus LLC oversaw more than $932 billion in assets under administration as of year-end 2025.