Years of Service Required for Plan Participation
Enter the number of years of service required for an employee to be a participant in the retirement plan. Note that this only affects the Participant Benchmark report in the Batch Processing calculator.
Allow elective contributions as a percent of income
Some DC plans may have mandatory contribution levels. If so, un-check this box.
Mandatory employee contributions as a percent of pay
This input is only enabled if the prior box is unchecked. Enter the percent of pay that the employees contribute
Contributions are mandatory
Select this prompt if the employee's contributions are mandatory.
Contributions are pretax
Select this prompt if the contributions are pre-tax.
