Managing the ongoing changes in participant information ranks as one of the key challenges of plan administration. Each employee is unique, and employee information changes constantly. Your ability to access, enter and update information as it evolves allows you to provide your participants with the highest possible level of service, while improving the overall efficiency and accuracy of your administrative processes.

The PSC helps you keep participant information current through the intuitive organization of such details as enrollment status, eligibility, marital status and employee identification. You can make changes online, and those changes trigger the corresponding updates to the recordkeeping system. And because you can update participant information throughout the year, you simplify your year-end tax and compliance reporting.

The full range of information you can access and manage on the PSC for each employee includes:

• Name, address, date of birth and dates of employment
  
• Complete transaction histories, including contributions, transfers and withdrawals
  
• Income data
  
• Employment history
  
• Division information
  
• Investment allocations
  
• Loan information
  
• Vesting status
  
• Account balance