Work smarter – not harder – with ASC’s cutting edge Defined Benefit plan designs and features!
ASC has remained committed to maintaining and developing the highest quality DB software. The ASC Defined Benefit Valuation System administers, tests and values all types of defined benefit plans including traditional, cash balance and those with ancillary benefits.
Features
- Continuously enhanced over 26 years
- Maintains compliance with current regulations
- Zero Out Budget Routines for Unincorporated DB Plans
- Multiple Decrements
- Cash Balance
- Floor Offset arrangements with DC plan on the ASC System
- 401(a)(4) cross tested designs
- Performs 401(a)(4) compliance testing on one plan or in combination with other DB or DC plans. Rate groups are arranged and their 410(b) ratio percentages and safe/unsafe harbor percentages are calculated to show whether the plan has passed or failed the test
- Produces combined DB/DC reports for proposals and subsequent years
- All common funding methods
- FAS 87/88/132 Valuations
- Multiple Benefit Formulas including fresh start options
- Determines eligibility, vesting, social security values, individual and plan costs including full funding limits
- Utilizes budget routines and allows remodeling
- Maintains complete salary and hours history for all employees
- Extensive selection of reports and ability to create custom reports
Sample Screens
