All ASC plan documents are drafted by ERISA experts led by John Griffin, J.D., LL.M. who has over 35 years of industry experience.
Cycle 3 Defined Contribution Plan Types
Rev. Proc. 2017-41 made significant changes to the IRS Pre-Approved Plan program that will begin with this upcoming Cycle 3 DC Cycle. Changes include:
- The new program eliminates “prototype” and “volume submitter” documents and instead simply provides for “pre-approved plans.
- Both Nonstandardized and Volume Submitter plans are now generally referred to as “Nonstandardized” plans.
- Church plans and ESOPs with 401(k) features are now acceptable under the Pre-Approved DC Program.
All ASC documents are provided in a flexible adoption agreement style format with a corresponding basic plan document.
- Profit Sharing/401(k) Plan – Standardized (Full Adoption Agreement)
- Profit Sharing/401(k) Plan – Standardized (Collapsed)
- Profit Sharing/401(k) Plan – Nonstandardized (Full Adoption Agreement)
- Profit Sharing/401(k) Plan – Nonstandardized (Collapsed)
- Owners Only Plan – Nonstandardized
- Money Purchase Pension Plan – Nonstandardized
- Governmental Profit Sharing/Grandfathered
401(k)Plan – Nonstandardized - Governmental Money Purchase Plan – Nonstandardized
- ESOP/KSOP (Leveraged & Nonleveraged) Plan – Nonstandardized (New!)
- Nonelecting Church Profit Sharing/401(k) Plan – Nonstandardized (New!)
- Nonelecting Church Money Purchase Pension – Nonstandardized (New!)
Cycle 3 Defined Benefit & Cash Balance Plans* – Enroll Now!
- Defined Benefit Volume Submitter (integrated & non-integrated)
- Cash Balance Volume Submitter
- Defined Benefit Volume Submitter – Governmental (including Cash Balance provisions)
*See Cycle 3 DB/CB plan type descriptions
Contact us today to find out how to enroll! sales@asc-net.com
Individually Designed Plan Types
- 457(b) Governmental Plan
- 457(b) Tax Exempt Plan
Contact us today to find out how to enroll! sales@asc-net.com
Pre-approved 403(b) Plans
ASC offers a fully array of pre-approved 403(b) plan documents* via the DGEM system:
- 501(c)(3) 403(b) Plan
- Salary Reduction Only 403(b) Plan
- Governmental 403(b) Plan
- Non-Electing 403(b) Church Plan (without retirement income accounts)
- Retirement Income Account 403(b) Church Plan
Contact us today to find out how to enroll! sales@asc-net.com