The partnership will provide Virginians with access to a workplace retirement plan through their employer and marks Vestwell’s fifth selection to administer state-facilitated retirement programs. Once all state programs are live, Vestwell is expected to power over three million savers.
“We’re proud to partner with states like Virginia who are pioneering the way small businesses and their employees will achieve a secure financial future,” said Aaron Schumm, Founder and CEO of Vestwell.