List of Functional Requirements for 401(k) Plan module:

• 1. Receive eligibility feeds from the Eligibility module that indicate who is and who is not eligible to participate in the Plan.
• 2. Enroll and de-enroll participants
• 3. Track payments received from employers each month via Consolidated Contribution Accounting Module and provisions of Contracts Module
• 4. Electronically receive and process the detail listing of individual member contributions each month from the Combined Remittance Form (CRF).
• 5. Transfer data to the 401k Plan Administration Company (Principal).
• 6. Maintain scans of the Enrollment Form, Change Form, and Hardship Form
• 7. Suspend 401(k) Enrollees on zero contribution
• 8. Maintain yearly FICA limit
• 9. Produce Monthly Cash Summary by Month
• 10. Produce Monthly Cash Summary by Employer
• 11. Produce Paid Employer Report
• 12. Produce Member Payment Report
• 13. Conversion of existing 401(k) enrollments from MS Access database