CPAS v5 for Defined Contribution Plans is one of the functional components that can reside on the CPAS v5 Platform.  Ideal for giving Financial Institutions and Plan Sponsors the ability to offer a complete solution for the administration of individual and group pre-tax and after-tax defined contribution arrangements, including stock purchase plans, savings plans and profit sharing plans. 

The flexibility of the CPAS v5 component that supports Defined Contribution Plan types includes the ability to define an unlimited number of client-defined investment products and plan designs.  These designs can act as templates to easily add new clients and plans to the system, and to offer new financial products to current and expanding markets.  It is designed to handle groups of funds that apply to the entire book of business.  Each client has a subset of funds for their particular plans. There are four basic fund types -- unitized, interest bearing, term deposit, and money market.  A user can create as many funds as required. Each fund is created based on a fund type.

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