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How to load New Hires and Modify Existing employee’s via file upload on PSW.
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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Hours based vesting and eligibility is a method of determining a year of service by tracking actual hours worked.
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PSW allows you to select the payment method(s) for funding the contributions you sent to Fidelity.
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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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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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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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For Plan Sponsor Use Only
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