Timely, accurate contribution processing sets the tone for every other facet of plan administration. By improving the speed and ease of finding the right information—and providing the tools for the quickest possible remittance processing —the PSC ensures the efficient and accurate processing of your plan contributions.

The PSC also streamlines repetitive contribution processing tasks by allowing you to copy previous remittances or portions of previous remittances. Rather than repeat the same entries for each payroll cycle, you can use your work from previous submissions and make point-and-click changes where needed.

• Step-by-Step Contribution Processing
  Ensure the accurate completion of payroll remittance processing through an intuitive process that minimizes the potential for errors and reduces the time spent entering information. The PSC simplifies each step in the process of submitting participant information, editing the needed details and transmitting the data for verification and processing.
  
• Simplified Contribution Processing
  Load an existing data file, copy data from a previous remittance or enter data for a completely new and unique remittance quickly and easily. Your submissions feed directly into the recordkeeping system.
  
• Multiple In-Process Contributions
  Initiate and edit multiple contribution remittances simultaneously.
  
• Forfeiture Processing
  Offset contribution remittances with forfeiture balances according to the rules of your plan.
  
• Paperless Workflow
  Decrease the time you spend processing contributions each payroll cycle by entering the required information and all related changes online.
  
• First Remittance Assistance
  Perform your first contribution remittance with the guidance of a plan technical support representative to improve your understanding of the required steps and ensure the efficient processing and accuracy of your future remittances.
  
• Automatic ACH Initiation
  Reduce the complexity of your ACH initiation through a system-generated ACH request that directly follows your contribution processing.