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How to load New Hires and Modify Existing employee’s via file upload on PSW.
Contribution and loan errors generate after loading the file if the data submitted doesn’t match or work with the services the plan offers.
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You will receive participant error files in PSW when the data on the participant file does not match the data that is already in PSW.
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Best practices to help plan sponsors determine if manually entering contribution and loan data via the contribution center is a convenient option.
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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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New employees can be loaded manually into PSW without a file upload.
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See the steps to establish an automatic debit account; an account that is a sponsor bank account for which Fidelity has been authorized to initiate electronic debits for the purpose of funding contributions, loan repayments, and other plan payments.
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For Plan Sponsor Use Only
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