Retirement Clearinghouse Celebrates Over $20 Billion in Account Consolidations for Americans
On December 16, 2025, Retirement Clearinghouse, LLC (RCH) proudly announced that it has accomplished a groundbreaking milestone by consolidating more than 525,000 retirement savings accounts. This significant achievement represents over $20 billion in assets, making a substantial impact on the financial wellness of countless hardworking Americans. Since its inception 16 years ago, RCH has focused on simplifying the retirement savings process, allowing participants to effortlessly consolidate their accounts for better financial management.
This impressive advancement is largely attributed to RCH's dual approach: the Large-Balance, Plan-Driven Consolidations and Small-Balance Consolidations Driven by Automatic Rollovers (ARO). The former involves partnerships with employer-sponsored retirement plans that leverage RCH’s expert assistance to efficiently roll over prior 401(k) balances. A notable partnership contributing to this success came from the Federal Thrift Savings Plan, made possible through RCH's collaboration with Alight Solutions—originating members of the industry-wide Portability Services Network (PSN).
Simultaneously, RCH's automatic rollover service has been instrumental in guiding participants toward account consolidation instead of cashing out their savings. The ARO service not only facilitates this process but also enhances engagement among participants who might otherwise overlook the importance of consolidating their funds for future stability. The volume of electronic consolidations has grown significantly, showcasing a shift toward digital solutions in retirement planning.
The data reflects a significant distinction in the account balances involved. The average account balance for large-balance consolidations stands at $53,293, while small-balance consolidations average $2,794. The upward trend in ARO-driven consolidations emphasizes the effectiveness and quickening acceptance of digital processes in the retirement planning sphere. As more participants, especially those with smaller balances, recognize the advantages of seamless electronic consolidations, the overall engagement with their retirement savings is expected to improve.
Spencer Williams, the Founder, President, and CEO of Retirement Clearinghouse, stated, “The innovative technology and close cooperation with both private and public sectors have propelled us into a unique position to boost the financial well-being of Americans across the nation. This milestone further emphasizes the rapid growth of our solutions, making it easier for plan participants to consolidate their retirement accounts and preserve their savings through entirely electronic methods.”
RCH's platform acts as a digital super-highway, facilitating an efficient transfer of assets within the retirement system of the U.S. This model not only enhances accessibility but also ensures that funds are managed effectively to support users' financial futures.
If you’re a retirement plan recordkeeper or a sponsor interested in learning more about the consolidation process, reducing the manual steps traditionally associated with account management, the RCH team is ready to provide assistance. Interested parties can reach out via email at [email protected].
As the leader in defined contribution plan portability and consolidation, Retirement Clearinghouse stands out as an impartial intermediary for plan sponsors, participants, recordkeepers, and relevant stakeholders. Its advanced financial technology solutions and dedicated resources enable users to transition their retirement savings seamlessly throughout different stages of their career, thereby enhancing the overall performance of retirement plans.
Over the years, Retirement Clearinghouse has built a strong reputation in the field, currently working with over 41,000 retirement plans and assisting more than 2.7 million plan participants. They have successfully guided these users managing upwards of $34 billion in retirement savings. RCH’s commitment to improving retirement outcomes is further underscored as it continues to evolve and adapt in a digital landscape.
In conclusion, the incredible milestone of consolidating over $20 billion in retirement accounts highlights the importance of automation and digital solutions in modern financial strategies. It reflects a growing awareness among workforce participants regarding the need for robust planning to secure their financial future.
For further insights about the Portability Services Network and its contributions towards nurturing the next generation of retirement benefits, visit http://psn1.com.
This impressive advancement is largely attributed to RCH's dual approach: the Large-Balance, Plan-Driven Consolidations and Small-Balance Consolidations Driven by Automatic Rollovers (ARO). The former involves partnerships with employer-sponsored retirement plans that leverage RCH’s expert assistance to efficiently roll over prior 401(k) balances. A notable partnership contributing to this success came from the Federal Thrift Savings Plan, made possible through RCH's collaboration with Alight Solutions—originating members of the industry-wide Portability Services Network (PSN).
Simultaneously, RCH's automatic rollover service has been instrumental in guiding participants toward account consolidation instead of cashing out their savings. The ARO service not only facilitates this process but also enhances engagement among participants who might otherwise overlook the importance of consolidating their funds for future stability. The volume of electronic consolidations has grown significantly, showcasing a shift toward digital solutions in retirement planning.
The data reflects a significant distinction in the account balances involved. The average account balance for large-balance consolidations stands at $53,293, while small-balance consolidations average $2,794. The upward trend in ARO-driven consolidations emphasizes the effectiveness and quickening acceptance of digital processes in the retirement planning sphere. As more participants, especially those with smaller balances, recognize the advantages of seamless electronic consolidations, the overall engagement with their retirement savings is expected to improve.
Spencer Williams, the Founder, President, and CEO of Retirement Clearinghouse, stated, “The innovative technology and close cooperation with both private and public sectors have propelled us into a unique position to boost the financial well-being of Americans across the nation. This milestone further emphasizes the rapid growth of our solutions, making it easier for plan participants to consolidate their retirement accounts and preserve their savings through entirely electronic methods.”
RCH's platform acts as a digital super-highway, facilitating an efficient transfer of assets within the retirement system of the U.S. This model not only enhances accessibility but also ensures that funds are managed effectively to support users' financial futures.
If you’re a retirement plan recordkeeper or a sponsor interested in learning more about the consolidation process, reducing the manual steps traditionally associated with account management, the RCH team is ready to provide assistance. Interested parties can reach out via email at [email protected].
As the leader in defined contribution plan portability and consolidation, Retirement Clearinghouse stands out as an impartial intermediary for plan sponsors, participants, recordkeepers, and relevant stakeholders. Its advanced financial technology solutions and dedicated resources enable users to transition their retirement savings seamlessly throughout different stages of their career, thereby enhancing the overall performance of retirement plans.
Over the years, Retirement Clearinghouse has built a strong reputation in the field, currently working with over 41,000 retirement plans and assisting more than 2.7 million plan participants. They have successfully guided these users managing upwards of $34 billion in retirement savings. RCH’s commitment to improving retirement outcomes is further underscored as it continues to evolve and adapt in a digital landscape.
In conclusion, the incredible milestone of consolidating over $20 billion in retirement accounts highlights the importance of automation and digital solutions in modern financial strategies. It reflects a growing awareness among workforce participants regarding the need for robust planning to secure their financial future.
For further insights about the Portability Services Network and its contributions towards nurturing the next generation of retirement benefits, visit http://psn1.com.
Topics Financial Services & Investing）
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