System is designed to operate within the confines of the Defined
Contribution System or operate independently. Most of the options
are versions of DC programs. It has been constructed to allow
maximum flexibility tracking benefits.
Features and Benefits:
- Once the pay cycle is entered,
the elective deferral amounts are entered and converted to an annual
- The system will compare
the annualized deferral to the maximum and cap the deductions at that
- Employees are easily moved
from one fund to another without loss of records
- Should the plan require
specialized language, designating sub-accounts, the changes are easily
made and will remain until physically altered.