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Certain types of contribution corrections must be completed via a Fidelity Plan Sponsor Webstation Service Request.
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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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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New employees can be loaded manually into PSW without a file upload.
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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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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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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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For Plan Sponsor Use Only
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