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Benefit Plan Setup

Details

Benefit plans can be set up for a variety of group insurances, such as life or medical insurances, deferred compensation retirement plans such as 401(k) plans, and paid time-off plans (PTOs) with accruals and benefit hours such as vacation days or paid sick days.

For an overview of validation tables that contribute to benefit processing and assignment, refer to the following "Benefit Plan Setup" process map.

Benefit Plan Setup

Benefit Plan Setup

Benefit Plan Setup Details

COBRA Declined Codes

- Relationship Codes

Earnings for Benefit Plans

Time Off

Attendance and PTO Map

Attendance and Accruals Setup

Assign Accrual-Hours

Benefit Codes for PTO

How Accruals Update

Minimum and Maximum Hours

Deferred Compensation

Deferred Comp Plan Codes

401(k)

401(k) FAQ

Benefit Codes

Bands for Years

Benefit Cost Bands

Benefit Cost Codes

Benefit Cost Code - Adding

New Hire Benefit (Package) Profiles

Imputed Income

Third Party Sick Processing throughout the Year