Plan IS™ is a participant level recordkeeping system designed for the administration of defined contribution plans like 401(k) and 403(b). This software is for private employers, bank trust departments, law firms, third party administrators and others providing retirement account administration. Plan IS supports daily valuation as well as conventional non-unit based assets. The product includes participant inquiry and account change capability from your website or VRU.
Trust IS™ is a complete personal and employee benefit trust accounting system designed for bank trust departments, third party administrators and others who provide recordkeeping services for the trust industry. It is the foundation for all of the TSC products and is included when using IRA IS, Plan IS and Probate IS. Trust IS has web enabled features for account inquiry and customer information.
IRA IS™ is designed for use by trust departments, insurance companies, the retail side of financial institutions, and others who administer individually directed IRA or sole proprietor KEOGH plans. It includes all tax and 5498 reporting.
Benefits IS™ provides complete administration of flexible benefits plans permitted by Section 125 and others. It supports spending account plans or more complex "benefit dollar" designs. The system allocates contributions across an unlimited number of benefit choices. Benefits IS does all relevant discrimination tests. Benefit checks may be written to the employee and/or provider.