403b ASP launches Multi Vendor 403(b) Plan Solution.TAMPA, Fla. -- 403b ASP, a division of 401k ASP, has introduced a 403(b) Plan management solution that allows Sponsors to easily manage their Plan under the new regulations in one system with the flexibility to continue to work with multiple investment providers to meet the diverse needs of participants. Co-founder James Olson James Olson may refer to:
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: agent to assist them one-on-one with their investments. Plus, the 403b ASP platform can interface electronically with the Plan's other approved investment providers in our (b)ridge(SM) data exchange program in order to send contributions (common remitter REMITTER, estates. To be placed back in possession. 2. When one having a right to lands is out of possession, and afterwards the freehold is cast upon him by some defective title, and he enters by virtue of that title, the law remits him to his ancient and more ) and receive pertinent information for the management of the Plan." Four online gateways (Plan Sponsor | Plan Participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. | Financial Advisors | Service Providers) provide access to the platform. Each gateway facilitates a different plan function or account view - all under the oversight of the Plan Sponsor. The platform is configured con·fig·ure tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures To design, arrange, set up, or shape with a view to specific applications or uses: based on the written Plan Document provisions and gives the flexibility to designate internal or external Plan administration personnel and approved investment service providers. Olson believes this will alleviate one of the biggest challenges under the current landscape, creating a single source environment for 403(b) Plans to operate under the new regulations. Firms interested in participating in this program should contact James Olson at (813) 874-0671, ext. 204. Additional information is also available at www.403basp.com. About 401k ASP, Inc. 401k ASP, Inc., headquartered in Tampa, FL, is a leading provider of value based recordkeeping solutions to, RIAs, TPAs, Broker Dealers, and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms that serve defined contribution plans Defined contribution plan A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan . For more information about 401k ASP, visit www.401kasp.net. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion