401(k) EDI Overview
Save valuable time with our 401(k) EDI solution. With this service, Paycor prepares 401(k) information and provides a data file, which can be directly forwarded to your retirement administrator. The file is pre-formatted to their specifications and includes the data your retirement administrator needs to properly invest funds in employee accounts. Some files can be directly sent to your 401(k) administrators from Paycor. Ask your Paycor representative to learn more.
- 401(k) Data Preparation: Paycor provides 401(k) information and in data file for you to give to your retirement administrator.
- Pre-Formatted Files: Payroll and retirement data comes in a file format that can be directly forwarded to your retirement administrator. More than 80 file formats available, or a custom format can be created.
- Files Available via Online Reporting: Most files are available within two days of payroll posting through Online Reporting.
- Setup and Support: We set up the process within two weeks and offer support should you experience any trouble with the 401(k) file.
Contact us today to find out more.