Payroll

Take three simple steps to set up payroll

Your payroll consultant will review all setup steps and options during the payroll call.

  • Set up your payroll calendar
    • Sets the frequency and timing of your ongoing payroll submissions
    • Helps ensure submissions aren't missed
    • Enables us to automatically generate and deliver annual testing to you
    • Includes setup of multiple payroll sites, if needed, as well as their funding options and user access
  • Select your submission method
    Your payroll consultant will help you choose the method best suited to your plan. You may change your method at any time.
  • Establish the funding process
    The automated clearing house (ACH) funding process streamlines the investment process and minimizes your ongoing involvement.

Submission methods

  • Enter contributions on the plan website
    • Best for fewer than 25 participants
    • Enter your core data once, then simply update your contribution information for each pay period and resubmit
    • Real-time checks ensure data is submitted accurately and completely every time
      How to Enter Contributions
  • File upload on the plan website
    • Best for more than 25 participants
    • Upload your file in seconds using the same census template file used to send us your employee census data
    • Upload combined census and payroll information at one time
    • Real-time checks ensure data is submitted accurately and completely every time
      how to complete your file upload
  • Payroll vendor file upload
    • Best for more than 500 participants and if you use a payroll vendor to submit contributions
    • During your payroll call, we will review the various options, including file layouts for your payroll vendor

Look forward to a streamlined payroll experience.

With setup complete, the ongoing payroll experience is simple, safe, and secure.

  • Submit your payroll data
    Use any of the available submission methods to send us payroll data securely and easily. Our system checks for errors and unusual data in real-time to ensure that your payroll contributions are processed accurately and on time
  • Receive funding notifications
    You’ll receive a notification of funding amount through an automated funding request (AFR)
  • Contributions are invested
    Once funding is received via ACH and confirmed, we’ll invest the payroll contributions into participant accounts. You can check the status of in-process contributions in real time—and at any time—using the Track Contributions feature on the plan website