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Retirement (401k, 403b, PERS) Submittals
Automate the preparation and reporting of your retirement plan and benefits plan activity more quickly by electronically transferring 401(k), 403(b), 457, PERS, health, or insurance benefit information to your plan administrator.
Compatible With: Sage HRMS [Abra], Versions
Created by:
Development Partner - Silver
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Business Automation Specialists (BAS)

Call BAS Variable by Version


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Use payroll to control important details required by the plans such as eligibility, vesting, loans, employer matching, etc. With a BASpay Retirement Management Program, you can:

 

  • Efficiently and consistently prepare periodic batches of activity for audit and submittal in the format you specify for your plan(s)
  • Efficiently and consistently manage eligibility (and optionally, vesting) for informing employees, reporting activity and changes, and making submittals
  • Prepare and submit your employer match using your organization’s methods including factors such as hours actually worked, job or project worked, actual payrate, benefits, date of termination, match eligibility, etc.
  • Prepare and submit periodic or as-requested demographics batches to notify plan administrators of changes or for discrimination testing
  • Prepare and evaluate “what-if” scenarios with your actual population from actual historic data when considering or negotiating proposed plan changes

 


Industries: Non-Industry Specific

Business Needs: Human Resource Management, Legislative Compliance, Payroll