ASC Defined Contribution

ASC's Defined Contribution (DC) / 401(k) Valuation & Administration software is a comprehensive solution tailored for managing a variety of defined contribution plans. It supports everything from basic profit-sharing plans to complex 401(k) and combination DB/DC setups. Designed for third-party administrators (TPAs), investment firms, insurance providers, and payroll companies, the platform simplifies plan valuation, compliance testing, contribution allocation, and reporting.

The system enables full automation of routine processes like census data import, compliance testing, and contribution calculations. Its Single-Step Processing (SSP) feature automates large batch operations, improving operational efficiency. Additional tools like CATTS (Client and Task Tracking System) and Money Manager Link (MML) ensure seamless workflow and external data integration.

The software accommodates both balance-forward and transaction-based accounting methods and supports various fund types (dollar or share). Compliance testing is robust, including ADP/ACP, 401(a)(4), 402(g), 415, and more. Budget solvers aid in optimizing employer contributions based on plan types.

With customizable validations, real-time updates, and flexible deployment options (cloud or on-premises), ASC’s software helps users ensure accuracy, reduce manual errors, and stay compliant with regulatory standards, making it a trusted platform for retirement plan administration.