403b ASP platform...
An Application Service Provider (ASP) is a business that maintains web-based software applications. Plan Sponsors, Participants and Services Providers can all connect via the web to manage defined aspects of the 403(b) plan.
To learn more click on the information tabs below.
The Platform of Independence
Why sacrifice your plan's independence using a single investment provider solution?
Other service providers promote themselves as a single solution to your 403(b) Plan by requiring you to limit investments to their products. The 403b ASP platform allows a Plan Sponsor to easily maintain the Plan using multiple investment providers even while adhering to the new 403(b) regulations.
Four online gateways (Plan Sponsor | Plan Participants| 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. Our platform is configured based on your written Plan Document provisions and gives you the flexibility to designate internal or external Plan administration personnel and approved investment service providers.
The Relationship Overview tab provides a summary view of the various roles and their interaction within a Plan. To find out more regarding the specific functions of each online gateway visit the System Features section.
The Platform of Community
Building an environment that enables interaction.
Whether you want a Plan administration provider or have the internal staff to take care of details yourself the challenges of managing all of the roles and responsibilities of your Plan under the new regulations just got easy.
Sharing the common objectives of improving the retirement benefit for participants and simplifying the administration of the plan, the 403b ASP online gateway structure enables access to centralized information and constructive communication from all parties involved with the Plan.
The Platform of Options
Meet the diverse investing needs of your Plan Participants.
Participants generally want to continue to work with a familiar and trusted service provider. The 403b ASP platform maintains that freedom with Open Architecture Plus.SM
The centerpiece of Open Architecture PlusSM is 403(b) FundSourceSM - an open architecture mutual fund platform that allows access to thousands of brand name mutual funds. Plus, 403b ASP will interface electronically with the Plan's other approved investment providers in our (b)ridgeSM data exchange program in order to send contributions (common remitter) and receive pertinent information for the management of the Plan.
Easing Plan Processing - a single solution for handling plan contributions.
No matter how many approved investment providers yo offer to your participants.