Plan Sponsor Features:

• A total web based solution. A Plan Sponsor only needs a HTML Level 4 browser to access iQuikpay.
• Contribution / Census data may be entered manually or via a file upload.Easy tracking of contribution data with the iQuikpay calendar.
• Auto-calculation of Matching and Safe Harbor contributions.
  Built-in reports for easy verification.
• Track employees by departments, companies, class groups for client accounting needs.
• No printing of reports, mailing of media, or sending attachments over unsecured email.

Full Service Third Party Administrators:

• Increases productivity by at least 50% which automatically increases profitability to the firm.
• Decreases TPA liability for incorrect or incomplete contribution data provided by client.
• Eliminates manual data entry and the need to re-format spreadsheets.
• Calculates several source level contributions including matching, safe harbor, and simple discretionary formulas to avoid mistakes common with payroll software.
• No software to duplicate & distribute to your Plan Sponsors.
  Automatic TPA notification “verified” census and contribution data is available for processing.
• iQuikpay Administration Reports provide date and time stamps for contributions received and processed by your company.
  iQuikpay Wizard templates format data ready for direct import into your administration system.
• Data encryption protects sensitive client data.
• Year end census collection is automated with “Roll-Up” utility used by the client to verify and confirm data processed during the plan year.
• Online Annual Forms completed by client assure you have all correct company information for final year end testing.

 “Compliance Only” Administrators

• Web solution for annual data collection.
• Provides one solution for your client to transmit contribution and census data to you and the record keeper.
• Automatic TPA notification that “verified” census is available for processing.
• iQuikpay Administration Reports provide date and time stamps for census received and processed by your company.
• Calculates several source level contributions including matching, safe harbor, and simple discretionary formulas to avoid mistakes common with payroll software or not provided by record keeping data collection software.
• Build historic contribution data and use as a mini-record keeping system for hardship calculations, termination distributions, and more.
• Use for 70 ½ participant tracking.
• No software to distribute to Plan Sponsors.