Payroll Integration Ends Your Headaches?
If your payroll system doesn’t provide exactly what your retirement plan administrator needs, get ready to put value-added tasks on hold while you compile year-end compliance data, collect and feed payroll data into 401(k) system, update census demographics and compensation, review quarterly or monthly reports, calculate employer contributions such as match and profit sharing, update deferral percentages or contribution rates, create new 401(k) participant accounts, handle loan and hardship administration and update tax reporting.
If only your payroll system could deliver exactly what your 401(k) administrator needed!
Pay(k)onnect can! Integrate Pay(k)onnect with MCG retirement plan administration and watch your headaches go away.
Save Time
Less paperwork and fewer manual process
Update information in your payroll and 401(k) plan simultaneously
Cut 401(k) administration time in half
Cut three hours per pay cycle
Save Money
Cut labor costs by thousands each year
Eliminate fines and penalties
Invest less in employee training
Accuracy
Improve processing accuracy
Make fewer mistakes
Employee satisfaction
Improve productivity
Reduce stress
Redirect focus to core business functions
Reduce worries
Eliminate the risk that critical skills will walk out the door
End fears that errors may expose the company to fines and penalties
Relax with Pay(k)onnect’s Penalty-Free Guarantee
Pay(k)onnect
The payroll system that delivers exactly what MCG needs to administer your 401(k).
- Reports
- Census data
- Employer contributions
- Contribution rates
- New participant accounts
- Loan administration
- Tax reporting
What will you do with all your free time? Find out today. Get Pay(k)onnect. Call 615.467.7090
Learn more about how Pay(k)onnect can make retirement plan administration easier. Your bottom line is counting on you!
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