ASC DRIVE is a next-generation automation platform designed for plan sponsors to initiate and manage their own compliance testing online. It provides a branded, web-based interface to ASC’s Compliance Testing System, allowing plan sponsors to submit and review year-end data, and make real-time decisions on failed tests. The system offers customizable year-end questionnaires and user-friendly census data import with comprehensive checks for accuracy. Plan sponsors can conduct testing on their own timeline, with compliance experts available for assistance, including verifying match and ER contributions, identifying HCEs and Key Employees, assessing Top Heavy status, and analyzing ADP/ACP test results. The platform facilitates monitoring of plan sponsor progress and generates data files for corrections and allocations. This allows plan sponsors to take ownership of their compliance testing process, supported by expert guidance.

Features & Benefits

• Plan Sponsor Driven Testing: Enables plan sponsors to initiate and manage their own compliance testing online.
• Real-time Expert Support: Compliance experts are available to assist with data submission, review, and decision-making on failed tests.
• Customizable Online Tools: Features a branded login page, web interface, and customizable year-end questionnaires for easy online completion.
• User-Friendly Data Import: Includes comprehensive data checks for accuracy and completeness during census data import.
• Key Compliance Testing Functions: Supports verification of match & ER contributions, identification of HCE & Key Employees, Top Heavy Status, and ADP/ACP Test Results.