Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The ASC DC/401(k) administration platform is regularly enhanced to accommodate all updates in legislation. It features adaptable eligibility assessments, a user-friendly data import wizard, and thorough data verification processes. The system supports a variety of funds and sources, employing either dollar or share accounting methods. Additionally, the ASC offers a complete Compliance Testing System. Users have the option to generate reports from the standard templates provided with the ASC System or create tailored reports using the ASC Reporter, which facilitates custom report creation. It also includes integrated budgeting solutions for various plan types such as new comparability, super integrated, age-weighted, and sole proprietor/partnership plans. The system efficiently calculates different employer contributions for 401(k) plans and other defined contribution schemes. Furthermore, it performs comprehensive employee data validation in one streamlined process, including the capacity for custom validation formulas, ensuring it stays fully updated with all legislative changes while enhancing user experience. This continual evolution reinforces the platform's commitment to providing reliable and efficient administrative support.
Description
The FundOfficeXG system by basys can significantly enhance the efficiency of your benefits administration by meticulously tracking all facets of your contributions accounting and eligibility management. This robust administration suite, combined with easy-to-use online self-service portals, equips you with the necessary tools to oversee, monitor, and compute eligibility and employer contributions effectively. FundOfficeXG boasts an extensive array of advanced processing capabilities, offering a comprehensive solution for both the remittance and collection of benefit contributions, as well as managing eligibility for your members and their families. Built on a secure and reliable calculation engine with adaptable parameters under your control, FundOfficeXG streamlines even the most intricate tasks, such as administering multiemployer health eligibility, managing hour banks, handling retiree health benefits, processing premium billing, and facilitating COBRA procedures. By leveraging this powerful tool, organizations can improve their overall operational efficiency and ensure compliance with benefits regulations seamlessly.
API Access
Has API
No
API Access
Has API
No
Integrations
Kicksite
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Actuarial Systems Corporation - ASC
Founded
1981
Country
United States
Website
www.asc-net.com/admin-val-software/defined-contributions/
Vendor Details
Company Name
basys
Founded
1977
Country
United States
Website
www.basys.com/benefits-administration-software/fundoffice/
Product Features
Product Features
Benefits Administration
COBRA Administration
Yes
Claims Management
Yes
Deduction Management
No
Disability Insurance Administration
Yes
Employee Benefits Administration
Yes
FMLA Administration
No
FSA Administration
No
Flexible Spending Accounts
No
For Brokers
No
For Employers
No
HIPAA Compliant
Yes
Health Insurance Administration
No
Life Insurance Administration
No
Online Benefits Enrollment
Yes
Premium Billing
No
Provider Management
No
Retiree Administration
Yes
Retirement Plan Management
Yes