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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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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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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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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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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Certain types of contribution corrections must be completed via a Fidelity Plan Sponsor Webstation Service Request.
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For Plan Sponsor Use Only
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