Press Release

ASC's DGEM Platform Offers Seamless 5500 Filing with the Integration of the 2024 Form 5500

Issued by ASC

Jan. 21, 2025

West Palm Beach, FL – ASC, a leading provider of intelligent automation retirement plan products, today announced the availability of 2024 5500 government forms since January 1st on its Document Generation & Management (DGEM) Platform. The platform offers a comprehensive suite of tools for managing and filing 5500 forms, including electronic filing capabilities for Form 5558, Application for Extension of Time To File Certain Employee Plan Returns.

"We are pleased to announce the availability of 2024 5500 forms on DGEM," said Alan Gould, President of ASC. "Our platform makes it easy for plan sponsors and administrators to meet their 5500 filing obligations efficiently and on schedule.   

Additionally, ASC clients can now electronically file Form 5558, a functionality we developed last year in anticipation of IRS authorization.  Our 5500 System consistently maintains a 99.8% filing success rate.  And, as always, we continue to enhance our offerings to streamline the process for our clients."

DGEM offers a number of features that simplify 5500 filing, including:

• Electronic filing of Forms 5558
• Expanded batch processing and automation through 5500 Volume Services and API
• Support for Forms 5330, Return of Excise Taxes Related to Employee Benefit Plans
• Support for Forms 8955-SSA, Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits
• Direct filing with the IRS and Department of Labor (DOL)
• Expanded DOL Data Sets tool - Import 5500(SF) Filing in Batch which allows users to import prior year filings

Additional Resources:

• For more information about ASC's DGEM platform, please visit https://www.asc-net.com.
• For questions or assistance, please contact ASC's Retirement Plan Experts at (800) 950-2082 x1.

About ASC:

ASC is a leading provider of intelligent automation for retirement plan software, documents, 5500 forms and more. Web access is available for all products.  For TPAs who prefer more control, premises-based Valuation and Compliance Testing systems are available as well.

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