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Get rid of PAYROLL SLOTS! 

Consider Enhanced Vendor Contribution Management!

Since 403b plans have been in place, vendors have been viewed as a "Payroll Slot".

It's time to change the way you view payroll slots, vendors, and simplify your withholding process.  CLICK HERE for a simple comparison of the new way to do things.

What is a Common Remitter?

A common remitter is a type of third party administrator service that:

  • Captures data from the employer’s payroll; 

  • Compares the amounts remitted with expected employee contributions; 

  • Compiles and reconciles exceptions with the payroll department; 

  • Identifies employees eligible for “catch-up” contributions and applies contributions in the proper order; and 

  • Distributes contributions to the properly chosen investment providers.

Why use a Common Remitter?
  • Reduces your workload

  • Insures contribution dollars and employee contribution data are in alignment, allowing more accurate and consistent transmission of your payrolls

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