Flexible Retirement plan documents to meet your needs!

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.

NEW IRS Pre-approved 403(b) Plans

ASC offers a fully flexible 403(b) plan document as well as a simplified, non-ERISA 403(b) plan document via the DGEM system. These documents are compliant with PPA and the final 403(b) regulations.

ASCi has also been approved for an extensive selection of 403(b) plan document types under the new IRS pre-approval 403b(b) plan program.

  • FULLY FLEXIBLE 403(b) PLAN – This fully flexible plan is designed for 501(c)(3) organizations and “electing” church plans (i.e., church plans that have elected to be covered by ERISA) that are subject to Title I of ERISA. The plan allows a wide range of adoption agreement selections, including funding through annuity contracts and/or custodial accounts, designation of eligible employee by category, numerous contribution options for salary deferrals, matching contributions and employer contributions, vesting schedules, several distribution options and other features. The plan is similar in design to the ASCi PPA volume submitter 401(k)/profit sharing plan.
  • SALARY REDUCTION ONLY 403(b) PLAN – This plan is designed to allow salary reduction contributions only. The plan is intended only for employers who intend for the plan NOT to be subject to Title I of ERISA, as provided under Department of Labor regulations. Among the conditions for exemption from ERISA are: the plan is funded solely by salary reduction agreements; participation is completely voluntary, the plan rights are enforceable solely by the employee or beneficiary; the employer’s involvement is limited to certain enumerated activities; and the employer receives no direct or indirect compensation other than reimbursement for the direct expenses of performing its duties.
  • GOVERNMENTAL 403(b) PLAN – This plan is designed for State-sponsored educational organizations described in Code §170(b)(1)(A)(ii) (relating to educational organizations that normally maintain a regular faculty and curriculum and normally have a regularly enrolled body of pupils or students in attendance at the place where educational activities are regularly carried on). For example, public colleges, universities, high schools and elementary schools may use this plan. The plan is designed as exempt from Title I of ERISA.
  • NON-ELECTING 403(b) CHURCH PLAN – This plan is designed for churches and church-related organizations that have not elected to be covered by ERISA. The plan can cover ministers. The plan does not allow for the use of retirement income accounts under Code §403(b)(9) since IRS procedures require plans with a retirement income account option to adopt a separate plan. See our Retirement Income Account Plan below.
  • RETIREMENT INCOME ACCOUNT 403(b) CHURCH PLAN – This plan is designed to allow for the use of the special provisions available to church-related organizations under Code §403(b)(9). IRS procedures require provisions allowing retirement income accounts to be contained in a separate plan. The provisions of Code §403(b)(9) allow retirement income account plans to avoid application of certain IRS and ERISA requirements for 403(b) plans.


Click here to watch the “New Pre-Approved 403(b) Plans-Using ASC’s Documents & DGEM” recorded 6/2017.

Don’t have a password? Call (800) 950-2082 x1 or email sales@asc-net.com to receive a demo.

For More Information

Contact us today to find out how to enroll! Sales@asc-net.com

NEW PPA Defined Benefit & Cash Balance Plans – Be Ready! Enroll today!

ASC as a mass submitter, submitted PPA pre-approved defined benefit, cash balance and governmental defined benefit plans to the IRS for approval on October 30, 2015 as required under Rev Proc 2015-36.

These pre-approved PPA defined benefit and cash balance plan types will be offered through ASC’s DGEM System for easy preparation and delivery to your clients.

PPA DB & CB Plan types to be available upon IRS program release:

  • Defined Benefit Volume Submitter
  • Defined Benefit Volume Submitter (integrated & non-integrated)
  • Cash Balance Volume Submitter
  • Defined Benefit Volume Submitter – Governmental (including Cash Balance provisions)

Contact us today to find out how to enroll! Sales@asc-net.com

Defined Contribution Plans

ASC’s PPA defined contribution prototype and volume submitter plans are fully flexible and capable of meeting virtually all your plan design needs in an adoption agreement style format with a corresponding basic plan document.

  • Profit Sharing/401(k) – Nonstandardized
  • Profit Sharing only – Nonstandardized
  • Money Purchase – Nonstandardized
  • Profit Sharing/401(k) – Standardized
  Volume Submitter
  • Profit Sharing/401(k)
  • Profit Sharing
  • Owner’s Only 401(k) Plan
  • Money Purchase
  • Governmental Profit Sharing/401(k)
  • Governmental Money Purchase

ASC also offers Defined Benefit and Individually Design Plan types:

  • Defined Benefit Volume Submitter
  • Cash Balance Plan
  • Employee Stock Ownership Plan (ESOP)
  • 457(b) Governmental Plan
  • 457(b) Tax Exempt Plan
  • 403(b) Tax Sheltered Annuity Plan
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