Keeping options open...
Our innovative web based technology the Plan Sponsor to bring together unrelated plan service providers in an integrated platform which creates a "bundled" environment for streamlining operations. The “bundled” approach gives you the freedom to select unbiased, industry-leading service provider options and competitive pricing.
403(b) FundSourceSM
Recognizing the diverse investment needs of your participants, we offer access to thousands of no-load, no-transaction fee funds available through our 403(b) FundSourceSM program. Plan Sponsors may elect to customize the 403(b) FundSourceSM program for their Plan by limiting the fund availability options at their discretion or by working with a "governing" investment advisor to develop fund benchmark criteria that will limit the fund options. At anytime you may request to add (or delete) funds to your Plan based on availability at the at the 403(b) FundSource SM custodian.
Many participants may already have a relationship with a financial advisor to assist them with the management of their retirement account. If a participant elects to use the 403(b) FundSourceSM program they may maintain that relationship by appointing their financial advisor as an Authorized Agent to their account and approve any advisory fees/commissions associated with the Authorized Agent's services.
(b)ridgeSM
To support the need of multiple investment service providers within a Plan, we have developed the (b)ridgeSM data exchange program. The program allows you to maintain contribution processing in a single electronic environment via the online Plan Sponsor Gateway. You will no longer need to mail dozens of checks with manually prepared participant breakdowns. All approved investment services providers are stored as available Plan investment options on the system. Individual participant investment elections are similarly stored. The (b)ridgeSM electronically funds contributions to the designated investment service provider for each participant. To consolidate the ongoing management of the Plan, the (b)ridgeSM program also facilitates sharing of information back to the platform in a simple data file format that 403b ASP will maintain on behalf of ALL Plan approved investment service providers.