Year-End Files and Reporting

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Brook Spencer
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1 Year-End Files and Reporting Our webcast will begin shortly. If you experience audio issues, please select the Call Me or I will Call In audio connection instead of Call Using Computer. FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

2 Year-End Files and Reporting FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

3 Content Overview WinZip File Annual Plan Summary Participant Account Summary (.pas) Supporting Files Software Packages with Import Interfaces FAQs 3 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

4 Overview The Annual Report Download is a comprehensive set of reports and data files to complete annual compliance testing and Form Files are compressed in a single WinZip file. The files will begin running in early January. The WinZip file will be available via the My Reports section of PartnerLink. (Each user at the TPA will receive an and have access to the WinZip file.) Enter into any plan, select the reports tab and select My Reports. The report will remain for up to 90 days. Report name is the plan number.zip ( zip). The 2 previous plan year zip files can be ordered on demand from the Participant/Employee Data section of the Reports Tab. The report name is TPA Annual Compliance Files. 4 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

5 WinZip file 5 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

6 WinZip file types TYPE FILE NAMES DESCRIPTION Annual Plan Summary plan number.pdf A set of 18 reports Participant Account Summary plan number.pas2 plan number._acr.pas2 plan number.acr.xlsx plan number.pas plan number.pas.xls Participant level financial detail Participant level financial detail with contributions on an accrual basis Participant level financial detail with contributions on an accrual basis in excel format Participant level financial detail in pre-2012 file structure Participant level financial detail in pre-2012 file structure in excel format File Layout Descriptions plan number.lpa Layout for Participant Account Summary file Activity Specific Data Data for Schedule A, D, C and Assets Held for Investment Purposes plan number.lpd plan number.lsd plan number.lsu plan number.pad plan number.pf plan number.pfl plan number.pgl plan number.psu plan number.psa plan number.psd Layout for Participant Account Detail file Layout for Schedule D file Layout for Plan Distribution file Transaction -level information for each participant by money type Indicative data for each participant Plan year activity for each loan Information on each outstanding loan including original loan amount, interest rate, term and maturity date Distribution information for each participant based on type of distribution Data for Schedule A Data for Schedule D plan number.pc2 Data for Schedule C section 2 plan number.pc3 Data for Schedule C section 3 plan number.ahip Data for the Assets Held for Investment Purposes schedule 6 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

7 Annual Plan Summary

8 Annual Plan Summary This is a PDF of the Certified Annual Plan Summary provided to the plan sponsor. It provides plan level and participant level detail. Provides information for completing form A comprehensive report that includes: Summary Reports Transaction Reports Participant Reports Supplemental Reports 8 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

9 Annual Plan Summary Summary Reports Account Summary A summary of plan transactions and balances. Participant Summary by Investment Option A summary of participant activity reported by fund, in dollars and units/shares. Fair Value Measurements for FASB ASC 820 A summary of investment-related information to assist in meeting the FASB ASC 820 reporting requirements (applicable only to large plan Form 5500 filers). Participant Summary by Investment Option and Money Source A summary of participant activity reported by money source and fund, in dollars and units/shares. Forfeiture/Asset Holding Account Forfeiture and/or asset holding account balances and activity. 9 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

10 Annual Plan Summary Transaction Reports Contributions May include payroll deposits and/or loan repayments. Additional Deposits May include provider transfers, rollovers, conversions, forfeiture reallocation and mergers. Additional Activity May include beginning balance conversions and/or adjustments to earnings, fees and expenses. Withdrawals Participant distribution activity. Fees/Withdrawal Charges Participant Fee and/or Withdrawal Charge activity. 10 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

11 Annual Plan Summary Participant Reports Loan Summary Participant loan information, balances and activity. Summary by Participant Participant investment account balances and activity. 11 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

12 Annual Plan Summary Supplemental Reports Realized and Unrealized Gains/(Losses) A summary of the realized and unrealized gains and/or losses, reported by fund and based upon the market value at the beginning of the period. Assets Acquired and Disposed of in the Plan Year Reports applicable investment assets that were both acquired and disposed of within the plan year. Part of the Assets Held reporting requirement for Schedule H, 4i. Assets Held for Investment Purposes Reports investment assets held by the plan on the last day of the plan year. Required information if Schedule H, 4i has been answered as yes. Transactions for Review (5% Reportable) Reports all transactions to assist in determining reportable transactions. Note: current 5500 filing instructions do not require this information for certain participant directed transactions. Information for Completing Form 5500 Schedule A, C and D Provides information required to complete the Schedule A, C and D for the Form Information for Completing Form 8955-SSA Provides information to complete Form 8955-SSA that is required to be filed with the IRS. 12 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

13 Participant Account Summary Data Files

14 Participant Account Summary Data Files The Participant Account Summary details the financial activity of all participants for the plan year. File detail is on a participant basis separated by each applicable money type. Includes beginning balance, contributions, loan repayments, gains/losses, interest earned, new loans taken, distributions, forfeitures, fees and ending balance. Also included is comprehensive loan information by loan by money type. Multiple formats are available for import into administration systems. Excel and CSV (Import File) Accrual and cash basis The Participant Account Summary File can be ordered on demand in the Participant/Employee Section of the Reports Tab. The report name is Participant Account Summary (pas2) file. 14 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

15 Administration software packages with interfaces Vendors with specific links for the Empower PAS (2) File ASC Datair FT William Relius File used for upload is the.pas2 version 15 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

16 Supporting Files

17 Supporting files Activity Specific Data Participant Account Detail (plan number.pad) Participant Information (plan number.pf) Participant Loan Summary (plan number.pfl) Participant Loan Detail (plan number.pgl) Participant Distribution (plan number.psu) File Layout Descriptions Participant Account Summary (plan number.lpa) Participant Account Detail (plan number.lpd) Schedule A File (plan number.lsa) Schedule D File (plan number.lsd) Participant Distribution File (plan number.lsu) 17 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

18 Data for schedules Data for Schedule A (plan number.psa) Data for Schedule D (plan number.psd) Data for Schedule C section 2 (plan number.pc2) Data for Schedule C section 3 (plan number.pc3) Data for Assets Held for Investment Purposes (plan number.ahip) Data for Form 8955-SSA (plan number.pssa) 18 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

19 FAQs Q: What is the difference between the Withdrawal Charge and the Fees Columns in the Withdrawal section of the Annual Plan Summary? A: The Withdrawal Charge column will reflect any loan or distribution fees charged by Empower or the TPA that are automated. The Fees column will reflect any overnight mailing charges applicable to a distribution request. Q: How is the Plan Expense Account (PEA) Reported on the Annual Plan Summary? A: Activity for the PEA can be found in the Forfeiture/Asset Holding Account section of the Annual Plan Summary. Deposits will reflect the amount Empower has contracted with the plan to fund the PEA. Payments reflect the plan s election to pay a third party as a qualified plan expense. In addition, PEA payments to third parties will be reflected as direct compensation on the Schedule C. Q: Where can I find descriptions of the Money Sources? A: The full listing of Money Sources can be found under the Plan/Overview/Plan Provisions TAB on PartnerLink. In addition, a listing of the Money Sources with activity for the reporting period can be found at the bottom of the Withdrawal section of the Annual Plan Summary. Q: How do I determine what the total Employer contribution and total Employee contribution totals are for 5500 purposes? A: Refer to the CONTRIBUTIONS/DEPOSITS section of the Annual Plan Summary. All Money Sources are listed by pay period and totaled. This will provide you with the total contributions by Money Source. 19 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

20 Relius Administration & the Empower Allocated Link December, 2017 Beth Barber

21 Overview Pre-formatted import of employee transaction data from various vendors Ability to import transaction data on a source level (import into one fund) or maintain fund structure Link provides the ability to exclude transaction data by transaction type Ability to reverse import of data Allocated link relationship allows you to provide daily recordkeeping to your clients

22 Allocated Link Basics Reserved Names - Trade Agent Name Great West File Structure/Naming File Type FASCore or Great-West File Naming Great West Fixed record Extension =.PAS (.pas2)

23 Trade Agent Setup Access Utilities>Trade Agent/Custodian Update Creating trade agent allow user to filters plans by vendor Specific reserved name must be entered on trade agent

fund If not importing into one fund, all of the vendors funds must be

24 Investment Setup Investment table is global, applies to all plans Recommend setting up cash investment if electing to import into one fund If not importing into one fund, all of the vendors funds must be added to the investment table and plan. Fund id must match the vendors fund id.

25 Plan Specifications Assign vendor trade agent on trade agent tab to filter plans in Allocated Link

26 Plan Specifications>Trade Agent Trade agent plan id can be entered directly during the allocated link import. It will be saved in Plan Specs

27 Plan Specifications>Sources Determine the number of sources, restrictions, vesting schedules Vesting schedules need to assigned to employer sources Add source level entry, allocation and formula as needed

28 Plan Specifications>Sources Ability to set up more than one of the same source, e.g.., two employer sources Safe Harbor Plan (3% Non-Elective) use Employer source, designate as a ADP Safe Harbor source

29 Plan Specifications>Investments Importing into one fund, designated fund needs to be listed as cash investment Assign Trade Agent (if used) to plan investment

30 Plan Specifications>Investments A loan investment needs to be set up for the loan account(s). This investment can be linked to the Loan source or other Relius sources

and Loan investment If the Loan source is added to plan, the vested balance on the

31 Plan Specifications Loan Accounts If the Loan source is added to the plan, the allocated link will look first for a Loan Account which contains the Loan source and Loan investment If the Loan source is added to plan, the vested balance on the loan balance will be zero. Vesting using the loan source is obtained from the loan module

32 Financial Institution Interface > Allocated Links Select Vendor > Import File > Directory/Import File > Transaction Date/Beginning Balance date > Plan(s) > Vendor Defaults

33 Vendor Defaults Setup Vendor Defaults are not required, optional Vendor Defaults Allow user to set import defaults for a particular vendor. Importing of beginning balance (if available) and excluded transactions. Plan settings are saved in database.

beginning balances, importing into one fund, source mapping and

34 Plan Defaults Setup Plan defaults are optional, recommended if using STP to process import Ability to designate import of beginning balances, importing into one fund, source mapping and excluded transactions. Plan Defaults take precedence over Vendor Defaults

35 Importing Select plan options, Source Mapping, Excluded Transactions then Continue Errors and Warning report generated. Prompts appear along the way

36 Importing Always view the Errors and Warning report, notes missing participants, sources not mapped and funds missing (if not importing in one fund)

37 Importing Ability to Cancel import or Continue import. Severity of errors/warnings Canceling import allows you to correct errors listed and re-import If no errors/warnings are detected, this step is skipped by program Audit reports ability to verify results of import to vendor reports. Totals by source, fund and transaction type

38 Reports

39 Reports

40 Reports

selected to import beginning balances, reversing the transaction does

41 Transaction Entry Transaction generated for import Ability to reverse Allocated Link transaction to remove imported data NOTE: If option was selected to import beginning balances, reversing the transaction does not reverse the beginning balance importation. Only transaction data is reversed.

42 Allocated Link Help Quick Start Guide - Help>Contents>Quick Start Guides FAQs Support Help menu

44 Representatives of Empower Retirement do not offer or provide investment, fiduciary, financial, legal or tax advice or act in a fiduciary capacity for any client unless explicitly described in writing. Please consult with your investment advisor, attorney and/or tax advisor as needed. Empower Retirement refers to the products and services offered in the retirement markets by Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; Great-West Life & Annuity Insurance Company of New York, Home Office: NY, NY, and their subsidiaries and affiliates. The trademarks, logos, service marks and design elements used are owned by their respective owners and are used by permission. (1216) [Name of company(s) or individual(s)] is/are not affiliated with GWFS Equities, Inc. or its parent company, Great-West Life & Annuity Insurance Company. 44 FOR ADVISOR AND TPA USE ONLY. Not For Use With Plan Participants.

Mass Mutual: Allocated Link

Mass Mutual: Allocated Link Overview The Relius Administration system provides three functions for Mass Mutual clients. Each of these three functions are described in this guide. The four functions are: