PensionBee partners with ASC to automate retirement plan force-out rollovers

• PensionBee partnered with Actuarial Systems Corporation to integrate its Automatic Rollover IRA into ASC’s retirement plan administration software.
• Integration targets third-party administrators, aiming to automate mandatory force-outs, cut manual file processing, streamline compliance, improve turnaround times.
• Collaboration provides secure, approved-format data transfer files at no added cost to administrators, expanding access to PensionBee’s rollover solution.
• Employers force out about USD 5 billion in small-balance accounts each year; more than USD 43 billion could remain in safe-harbor IRAs by 2030.
• ASC said about 50% of 401(k) participant accounts are compliance-tested or administered on its systems, widening potential distribution of the integration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pensionbee Group plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607210900PRIMZONEFULLFEED9765413) on July 21, 2026, and is solely responsible for the information contained therein.