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Step 2: Employer and Plan Setup

Updated

Relius Employer And Plan Settings

Verify Employer settings:

1. Comp/Job Defaults

 

Prior to modifying the User Defined payroll fields for an existing plan, make sure that no payroll has been imported into these fields for the current year. 

If payroll has been imported, further review may be required.

One option is to create new User Defined Payroll elements.

2.  Set up the required payroll schedule(s)

a. The Payroll Sequence number will be input to Finch. See Sponsor Setup in Finch Dashboard for directions.

b. The Payroll Sequence number is assigned by the Relius system in the order that they were added:

        1. Biweekly 1 will be payroll frequency number 0.
        2. Biweekly 2 will be payroll frequency number 1.

If the Payroll Schedule is already set up and in use, the Payroll Sequence Number is found on the Payroll Data forms:

 

 

Plan Specification settings:

Sources: Set the Payroll Element based on the default, or the User Defined:

  • ER Profit Sharing -> Employer
  • ER Safe Harbor Non-elec -> SHNEC
  • ER Match -> Employer Match
  • SH Match -> SH Match
  • EE Pre-tax = Deferral
  • Roth = Employee Roth Deferral
  • QNEC = QNEC
  • QMAC = QMAC

Auditing the Employer Payroll elements assigned for existing plans.

It is common for Relius users to have the same source in multiple plans with different descriptions, alias names, and payroll elements assigned. To ensure a proper integration for existing plans in Relius, perform an audit of the payroll elements assigned for the existing plans. 

  1. Determine the plans you want to audit. It is recommended that you start with a group of 5 – 10 plans that you plan to use with the FINCH payroll solution. 
  2. To run the queries for a select group of plans, you can set up a plan group, assign an Extended Data Field or a User Defined field to hold the payroll provider.
    1. Create a plan group to hold the plans – modify the last line of the Query: and pm.plangrpuserid='YEDC2'  <- set to your Plan Group User ID
    2. If you are going to use Extended Data or User Defined fields, please provide:
      1. Extended Data Name (exactly as set up in Relius) or the User Defined field. We will customize the Query, as necessary.
  3. Run the Source Analysis queries. The queries can be run via DBViewer (Relius menu>Utilities>System Administration> DBViewer or you can set up a Dynamic query to run them).

The following two queries should be run. Please see the attachments.

QUERY A: Distinct sources and payroll elements for all plans or a plan group

The output will include a global view of the source and payroll elements assigned across all plans or the plan included in your parameters.

QUERY B: Distinct plan / source and payroll elements for all plans or a plan group

The output will include a plan-level view of the sources.