
Connect2Remit®
Managing and ensuring the correct processing of employee contributions is an absolutely essential
requirement of any retirement savings plan. When you Connect2Remit®, you have access to the best systems
and practices for seamless processing. With Connect2Remit®, your employees' contributions to their plan
accounts will be quickly and accurately processed, and securely distributed to the appropriate provider,
regardless of how many providers you have under your plan.
Simple, Prompt, and Secure
Connect2Remit® will process, track, and archive employee contributions, ensuring that they get to the appropriate provider quickly, accurately, and securely. In addition, Connect2Remit® is…
- Customizable - You get step-by-step support from your PlanConnect® plan relationship manager so you can customize Connect2Remit® specifically for your plan.
- Managed, Quality Processing - PlanConnect® uses proven, state-of-the-art systems and experienced personnel to process your participants' contributions.
- Quick and Secure - PlanConnect® strives to see that employee contributions are processed both quickly and securely.
Remittance Processing Should Be Invisible...to You
Common remitter services are the foundation of your plan. And like any foundation, these services must be efficient, secure, accessible-and so easy and reliable you never think twice about them. Connect2Remit® offers this level of quality, which is hard to achieve when you administer a plan on your own. Connect2Remit® gives you:
- A payroll file repository that is easily accessible online
- Customizable electronic contribution confirmations
- The ability to process multiple file formats
- A data validation tool that will ensure accuracy
Connect2Remit® Services | |||
Complete step-by-step support during setup; ongoing, personal support thereafter | |||
Online processing of participant salary reduction agreements | |||
Customizable, electronic plan sponsor contribution confirmation notices | |||
Easy payroll file processing | |||
Online payroll data validation | |||
Support for multiple file formats | |||
Historical payroll file repository |