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Outsourcing Test Services

Flexible Outsourcing Options

IBS provides 401(k) Defined Contribution compliance outsourcing services for plans ranging in size from as few as ten employees to more than 200,000 employees. Service Providers may choose to:

  • Fully outsource all their plan testing to IBS.
  • Selectively outsource plans during peak testing periods.
  • Retain IBS to provide testing services for complex plans, large plans, or plans with problematic data.
  • Ad hoc testing, review and audit.

Data Input and Correction Greatly Simplified

Providing your clients with quality testing services in a timely manner has never been easier and more cost-effective.  All data (e.g. Excel spreadsheets or ASCII files) can be electronically received.  Upon receipt, data is thoroughly "edited" and all data errors are identified and electronically reported for correction via spreadsheet or new data feed, at your option.

Fast, No-Hassle Turnaround

Final test result report packages, including test failure corrections, are ready for electronic forwarding via PDF format in five days or less from the receipt of final data corrections.

IBS has performed testing for many of the largest 401(k) plans in the country!

 

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