If participants already have auto-escalation of their retirement contributions as part of their current paycheck, make sure their data in the census file shows a “T” for “True” in the “Auto-Escalation” column. This can be enabled for each participant either “T” or “F” for “False”. Then, upon import, there is a screen to configure the current increases that are now in place with their plan sponsor:
In the Participant Gap Report Editor, select to enable illustrating the automatic increased by checking this box below in the Paycheck section. When configured, a notation will print on the Participant Gap report.
|This will also be illustrated in the Quick Gap program in TRAK for participants for individual editing.