Single-Step Processing (SSP)

Revolutionize Year-End Admin & Compliance Processes
No Install, Web Access Available
SSP (Single Step Processing) revolutionizes retirement plan administration by automating every step of the year-end workflow from start to finish
Unlike other solutions that only focus on a few pieces of the process, SSP gives you true end-to-end automation while keeping you fully in control.
  1. The Business Benefits
    • Save time: Finish your annual tasks much sooner.
    • Free up staff: Even less experienced staff can produce consistent, accurate results.
    • Reduce Risk, Improve Accuracy: Reduce human error with intelligent logic built on decades of ERISA expertise.
    • Work off-hours: Schedule SSP to run nights and weekends — productivity while your office is closed.
    • Proven: In use by 40% of the largest financial institutions in the country. Now available to TPAs of any size.
  2. Automatically Begins Processing Plans as They Arrive
    • In real life for many TPAs, plans don’t come in all at once — they trickle in from Plan Sponsors.
    • SSP automatically detects when a plan is ready and begins processing immediately — no waiting, no manual kick-off.
    • This ensures your team can stay on top of year-end work continuously, instead of falling behind in a crunch.
  3. Automates the Entire Year-End Workflow
    • Census imports (including recordkeeping files when applicable)
    • Data validations with customizable failure triggers
    • Complex calculations: HCE, key determination, eligibility, limited comp, allocations, and more
    • Compliance testing across all required tests (ADP, ACP, coverage, top-heavy, etc.)
    • Corrections and automated solutions
    • Valuation reports and client/recordkeeper deliverables
    • All in one seamless flow — with no steps skipped.
  4. Applies ERISA Logic at Scale — While You Stay in Control
    • SSP follows the exact rules and processes you establish during setup.
    • Built-in flexibility means thousands of ERISA-based applications are automated.
    • For example, when running the ADP/ACP test, SSP can automatically apply “Solve BEST” options, testing multiple variations to find the optimal result.
    • You’re always in control — SSP flags exceptions for expert review when needed and keeps the rest of your plans moving forward.
  5. Proven Results & Credibility
    • Firms using SSP have cut weeks to months off their year-end process — achieving consistent, accurate results in a fraction of the time.
    • SSP is trusted by over 40% of the largest financial institutions in the U.S. — and ASC is now making it available to smaller firms.
    • Already proven in production environments for years, SSP combines automation with control in a way no other system offers.
  6. Automate EVERYTHING. & Stay in Control
    • With ASC’s Plan Document System and 5500 System you can automate from the beginning of the Plan Creation as well as 5500 Forms filing. See for yourself!

Take Control of Your Year-End Processing

See SSP in action. Discover how your firm can save time, reduce errors, and scale with confidence — while maintaining complete control over every compliance decision.

Request a Demo Today


SSP Infographic

Example of the tasks SSP could perform on a group of plans:
  • Calculate Eligibility and Limited Compensation
  • Perform Employee Data Checks
  • Determine HCE/Key Status
  • Perform Allocations
  • 416 Top Heavy Test
  • 410(b) Ratio Percentage Test
  • 402(g) Deferral Limits Test
  • 415(c) Annual Additions Test
  • ADP/ACP Tests
  • Top Heavy Determination for next year
  • Excess Summary
  • Catchup Summary
  • Plan Summary

Additional tasks such as batch producing benefit statements, compliance and valuation reports can also be automated via SSP.



Money Manager Link (MML)

Eliminates Manual Data Entry

For clients who use a non-ASC record keeping system, a key element to the ASC Compliance Testing System is Money Manager Link (MML).

Features
  • Provides an automated link between your record keeping system and the ASC testing system
  • Enables plan and employee data to pass seamlessly from MML into the ASC database
  • Eliminates the need for manual data entry
  • Provides for the transmission of test results back to your record keeping system
  • Imports large volumes of plan and participant data via an unattended mode