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How to load New Hires and Modify Existing employee’s via file upload on PSW.
Managing the contributions for your plan participants is completed in four steps. The fourth and final step of the process is managing the adjustment file.
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Steps to help plan sponsors determine if submitting contribution and loan data via spreadsheet is the most convenient option.
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Best practices to help plan sponsors determine if manually entering contribution and loan data via the contribution center is a convenient option.
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You will receive participant error files in PSW when the data on the participant file does not match the data that is already in PSW.
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Contribution and loan errors generate after loading the file if the data submitted doesn’t match or work with the services the plan offers.
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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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For Plan Sponsor Use Only
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