diff --git a/dask_cuda/benchmarks/common.py b/dask_cuda/benchmarks/common.py
index e734f882c..0b417e7b3 100644
--- a/dask_cuda/benchmarks/common.py
+++ b/dask_cuda/benchmarks/common.py
@@ -121,6 +121,8 @@ def run(client: Client, args: Namespace, config: Config):
         args.type == "gpu",
         args.rmm_pool_size,
         args.disable_rmm_pool,
+        args.enable_rmm_async,
+        args.enable_rmm_managed,
         args.rmm_log_directory,
         args.enable_rmm_statistics,
     )
diff --git a/dask_cuda/benchmarks/utils.py b/dask_cuda/benchmarks/utils.py
index 1d07df30c..a3d51066a 100644
--- a/dask_cuda/benchmarks/utils.py
+++ b/dask_cuda/benchmarks/utils.py
@@ -98,6 +98,16 @@ def parse_benchmark_args(description="Generic dask-cuda Benchmark", args_list=[]
     cluster_args.add_argument(
         "--disable-rmm-pool", action="store_true", help="Disable the RMM memory pool"
     )
+    cluster_args.add_argument(
+        "--enable-rmm-managed",
+        action="store_true",
+        help="Enable RMM managed memory allocator",
+    )
+    cluster_args.add_argument(
+        "--enable-rmm-async",
+        action="store_true",
+        help="Enable RMM async memory allocator (implies --disable-rmm-pool)",
+    )
     cluster_args.add_argument(
         "--rmm-log-directory",
         default=None,
@@ -346,6 +356,8 @@ def setup_memory_pool(
     dask_worker=None,
     pool_size=None,
     disable_pool=False,
+    rmm_async=False,
+    rmm_managed=False,
     log_directory=None,
     statistics=False,
 ):
@@ -357,10 +369,13 @@ def setup_memory_pool(
 
     logging = log_directory is not None
 
-    if not disable_pool:
+    if rmm_async:
+        rmm.mr.set_current_device_resource(rmm.mr.CudaAsyncMemoryResource())
+        cupy.cuda.set_allocator(rmm.rmm_cupy_allocator)
+    else:
         rmm.reinitialize(
-            pool_allocator=True,
-            devices=0,
+            pool_allocator=not disable_pool,
+            managed_memory=rmm_managed,
             initial_pool_size=pool_size,
             logging=logging,
             log_file_name=get_rmm_log_file_name(dask_worker, logging, log_directory),
@@ -373,7 +388,14 @@ def setup_memory_pool(
 
 
 def setup_memory_pools(
-    client, is_gpu, pool_size, disable_pool, log_directory, statistics
+    client,
+    is_gpu,
+    pool_size,
+    disable_pool,
+    rmm_async,
+    rmm_managed,
+    log_directory,
+    statistics,
 ):
     if not is_gpu:
         return
@@ -381,6 +403,8 @@ def setup_memory_pools(
         setup_memory_pool,
         pool_size=pool_size,
         disable_pool=disable_pool,
+        rmm_async=rmm_async,
+        rmm_managed=rmm_managed,
         log_directory=log_directory,
         statistics=statistics,
     )
@@ -390,6 +414,8 @@ def setup_memory_pools(
         setup_memory_pool,
         pool_size=1e9,
         disable_pool=disable_pool,
+        rmm_async=rmm_async,
+        rmm_managed=rmm_managed,
         log_directory=log_directory,
         statistics=statistics,
     )