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Plan
Service Center Administration
> About Plan Sevice Center
Plan Service Center:
The easy way to manage your company’s 401(k)
Want to make administering your 401(k) faster,
easier and more accurate? Let Plan Service Center help. It’s
a simple, computer-based service that makes administration
of your 401(k) easy. Plan Service Center lets you access Great-West
Retirement ServicesSM versatile 401(k) administration system
and begin enjoying its many advantages.
Plan Service Center capabilities
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Process employee information
in real time. Plan Service Center lets you view, add and
change employee information. |
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Handle contributions without
checks or paperwork. Plan Service Center allows you to
send participant contributions electronically. |
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Get 24-hour access to plan
information. View account balances, transaction histories,
current allocations, interest rates and unit values anytime. |
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Find an alternative to paper-intensive
stacks of reports. With Plan Service Center, timely reports
are online and easy-to-use. |
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Have divisional access,
banking and reporting security brought to you online. |
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Reduce your contract maintenance
charges while you take advantage of all these features. |
The Plan Service Center is available to a
variety of clients. Plan Service Center allows access to our
system through a PC equipped with a valid Internet connection.
The Plan Service Center offers even more functionality along
with the conveniences of using your present Internet service
provider.
Toll-free support: In addition to Plan
Service Center’s many capabilities, you’ll benefit
from extensive Plan Service Center training and support. Your
Great-West Retirement ServicesSM representative will set you up, and our
support staff is available to answer your questions during
normal business hours at 1-866-266-6291. Thanks.
Reliable Internet security: We’ve
secured our database against all Internet security risks through
a specialized firewall. In addition, all data transmissions
are encrypted in both directions between Great-West Retirement ServicesSM and your
browser.
Advanced features: For many clients,
an ongoing file transfer makes Plan Service Center an even
more powerful tool by taking advantage of our exclusive Payroll
Data Interchange (PDI).
PDI is the central collection point
for employee and participant plan data. It keeps information
uniform between your payroll and your 401(k), reducing errors
and paperwork.
With a complete Plan Service Center-to-PDI
interface, you can:
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automate
contribution reporting |
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calculate
participant vesting levels and balances |
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add
and update participant information automatically |
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gather
compliance testing information |
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request
employee savings illustrations for enrollment |
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provide
loan modeling and initiation to participants. |
1. Complete a Plan Service Center order form
(available online or from your broker or Great-West Retirement ServicesSM sales
representative) and submit it to Great-West Retirement ServicesSM with a banking
authorization letter.
2. We’ll send you the materials and information
necessary to get started, and we’ll provide support for
setup and processing.
Plan Service Center: Your 401(k) administration
answer.
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