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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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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Certain types of contribution corrections must be completed via a Fidelity Plan Sponsor Webstation Service Request.
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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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New employees can be loaded manually into PSW without a file upload.
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A participant file layout will allow you to load your participant information to PSW so that Fidelity can read it and create participant accounts.
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