The ASC DC/401(k) Administration System is designed to streamline the processing of various defined contribution plans, from simple profit-sharing to complex 401(k) arrangements. Available as both web-based and on-premises solutions, it offers comprehensive administration, accurate recordkeeping, and industry-leading compliance testing. The system integrates seamlessly with document generation tools like Plan Docs and Silver Support, as well as CATTS CRM. It handles diverse plan types including 401(k), new comparability, profit sharing, money purchase pension, and ESOPs. Key features include flexible eligibility calculations, an intuitive data import wizard, extensive data validation, and support for multiple funds and accounting methods (dollar or share). The included Compliance Testing System ensures adherence to regulations, and users can generate standard reports or create custom ones using the ASC Reporter. The system is continuously updated to reflect legislative changes, ensuring ongoing compliance and functionality for retirement plan professionals.

Features & Benefits

• Comprehensive Plan Processing: Handles a wide range of defined contribution plans including 401(k), profit sharing, money purchase, and target benefit plans.
• Integrated Compliance Testing: Includes a full Compliance Testing System, with specific modules for 401(a)(4) testing and design, ensuring adherence to regulatory requirements.
• Flexible Administration Tools: Offers flexible eligibility calculations, an easy data import wizard, and extensive employee data validation with custom formula capabilities.
• Reporting and Integration Capabilities: Provides standard reports and a customizable reporter, along with integration with document generation products and CRM systems.
• Legislative Updates: Continuously updated to incorporate all legislative changes, ensuring the system remains compliant and current.