What's New in Version 18.1

Transcription

1 What's New in Versin 18.1 Intrductin SunGard's Relius Administratin 18.1 upgrade is cumulative and incrprates all versin 18 service packs released thrugh versin 18.0 sp3. Befre perfrming the 18.1 upgrade, please review the Relius Administratin hardware requirements and read the Relius Administratin 18.1 upgrade dcuments. These dcuments can be fund n ur Web site at Frm there, chse Administratin, and then Technlgy. Infrmatin abut pending issues fr the 18.1 release (r the release that yu are currently using) is available n ur supprt site at See the "Pending Issues" tpic psted there fr latest news n the release. General System Updates Update Glbal Limitatins/Mrtality/Interest Tables A new ptin titled Update Glbal Tables has been added t the Utilities menu, which allws users t update the plan limitatins, mrtality tables and interest rates directly frm a database maintained by SunGard. The user can select either a full update r incremental update. Please Nte: Access t this feature is cntrlled by the existing Security Prfile Functin Table Entry. Defined Cntributin Autmatic Enrllment and Acceleratin Enhancements The autmatic enrllment prcess has been enhanced as fllws: An ptin has been added t delay aut-enrllment up t 60 days after the plan entry date. The system will nw autmatically change the participant s electin t pted ut if they enter 0% r any rate ther than the default rate in their cntributin electin. Rehired participants will be reset t a pending status t put them back in the autmatic enrllment prcess. Participants taking a hardship distributin will nw be cded as pted ut and have their deferral percent changed t 0%. The user can nw enter a date in plan specs t nt aut enrll participants prir t that date. New enrllment status cde f Excluded which precludes the participant frm the aut enrllment prcess. The autmatic acceleratin prcess has been enhanced by giving the user the ability t enter a number f days in plan specs t exclude a newly enrlled participant frm autmatic acceleratin. Fr example, if yu enter 120 days in plan specs fr this field and a participant is enrlled 60 days prir t the next autmatic acceleratin date they will nt be included in the autmatic acceleratin until the next aut increase date. 1

2 Gain Enhancements The prcess f cmputing and allcating investment gains has been enhanced as fllws: Relius can nw cmpute gains using a basis methd f average daily balance (Plan specs/prcessing/transactin Settings/Gains/Dividends/Basis fr Gains). When average daily balance is used, the persn s ending balance is averaged fr each day the persn has a balance in the gain transactin perid. If the persn has n balance fr ne r mre f the days, then the average balance daily is prrated using a rati f the cunt f balance days divided by ttal date range. A new ptin is nw available in the gain transactin which allws the user t allcate the gain using the persn s allcatin set. New Fee Optin fr Paper Statements A new field has been added t the Per Participant tab in glbal Fee Schedules t allw the user the ptin t charge an additinal fee fr thse participants that did nt elect electrnic statements. ING Allcated Link Updates Fr the ACES imprt methd the fllwing tw new surce types have been added t the mapping: RH Rth 401(k) (After Tax Cntributins) RV Rth 401(k) Rllver Fr the OMNI imprt methd mdify the fllwing surce types have been added t the current mapping: V Qualified Matching Cntributins (QMAC) X Emplyer Safe Harbr Match G Rth 401(k) Cntributins Q After-Tax Rllver (Traditinal) 2 In-Plan Rth Rllver 3 Rth 401(k) Rllver Relius Dcuments-Administratin Link Plan Specs>Edit>Manage Relius Dcuments Assciatin When cmparing Relius Administratin Data with Relius Dcuments Data, the ptin t 'Update Relius Administratin' will nw write the changes t plan audit. Daily Valuatin Plans Investment Dwnlad Changes The prcess fr dwnlading and updating fund prices fr investments marked as 'Imprt Prices frm SunGard' in the investment table has been re-lcated as an ptin under the Utilities menu. Fr thse custmers already using this licensed feature, n actin is required. M&I Link Enhancement Late day trading is nw an available ptin with the M&I link. Frfeiture Suspense Trade Enhancement Relius will nw recgnize the late day trading cde assigned t the investment when using frfeitures frm suspense. 2

3 Defined Benefit Plans MAP 21 The Mving Ahead fr Prgress in the 21st Century (MAP 21) bill cntained prvisins requiring valuatin calculatins t be perfrmed using different interest rates fr minimum funding (430) and maximum deductins (404). The use f the MAP 21 interest segments fr minimum funding is mandatry beginning in The changes in the system include: The Pensin Prtectin Act tab f the Actuarial Methds frm will display the 25 year average segment rates frm which the Benefits transactin will calculate and stre the MAP 21 rates. Emplyer cntributins, emplyee cntributins, balance used (bth prefunding and carryver) transactins in the DB Assets & Prefunding Balances prgram fr plan years starting with 2013 will have a different discunt fr 404 purpses. The AutVal reprt generated by the Csts transactin will illustrate bth the 430 and 404 cmputatins. The 430 and 404 Cntributin Analysis, PPA PBGC, Plan specificatins and ther reprtwriter reprts have been mdified. Update Glbal Tables A new ptin has been added t the Utilities drp dwn f Update Glbal Tables which allws users t update the plan limitatins, mrtality tables and interest rates directly frm a database maintained by SunGard. The user can select either a full update r incremental update. Please nte, the ability t use this feature is cntrlled by a security prfile setting in System Administratin/System Administratr Update. 430 and 404 Reprt Mdificatins The 430 and 404 reprt has been mdified t reflect the amrtizatin base prratin in the year f terminatin. Transactin Entry The transactin entry screen nw has an ptin t print the transactin grid. Cafeteria/Sectin 125 Plans HSA Enhancements Data Entry > Plan Specificatins > Plan Prvisins > Participant Directed Investments tab There have been a number f changes t enhance prcessing fr Health Savings Accunt (HSA) benefits. As cnsumer directed health care participatin increases, changes were necessary t be able t prvide a cmpetitive HSA slutin that ffers flexibility and increased efficiency. Changes include mdifying the Participant Directed Investments screen, transactins, DC plan Investment Infrmatin and participant web. Changes t HSA directed investment prcessing: New Participant Directed Investments tab (Data Entry > Plan Specificatins > Plan Prvisins) has been added t include nly ptins available t linking a related DC investment plan. A new ptin has been added t allw selectin f the Benefit t link t the selected DC investment plan (Data Entry > Plan Specificatins > Plan Prvisins > Participant Directed Investments tab). In additin t an HSA benefit, users can nw select frm HRA benefits added t the plan. Previusly users had t setup a custm HSA benefit called HRA t administer accunts such as VEBA s. If an HRA benefit is selected t link t DC investment plan, the HRA benefit must be set t Retain unused balance in new year. NOTE: if yu are currently administering an HRA type benefit setup with a custm HSA benefit, yu can cntinue t d s at versin

4 New ptins fr Activity Prcessing have been added, Prcess all activity in Cafeteria plan and Prcess payments nly in Cafeteria plan (Data Entry > Plan Specificatins > Plan Prvisins > Participant Directed Investments tab). The default selectin is Prcess all activity in Cafeteria plan. This is hw the directed investment functinality prcessed in versins prir t When Prcess all activity in Cafeteria plan ptin is selected all activity, cntributins, fees, payments, etc. will be prcessed in the Cafeteria plan and transferred t the DC plan. When Prcess payments nly in Cafeteria plan ptin is selected it is expected that nly payments will be prcessed in the Cafeteria plan and transferred t the DC plan. All ther activity will be prcessed in the DC investment plan, and a new balance field will recrd the available balance fr claim payments in the Cafeteria plan. The balance will be updated when the HSA Balance update is perfrmed. A Debit Card nly adjustment will be created in the Cafeteria plan when the HSA Balance Update is perfrmed and the participant has an active debit card electin. If this ptin is selected, cntributin psting will be disabled in Cafeteria plan. Transactin psting utput reprt in DC investment plan will indicate if ttal YTD emplyee cntributins psted have exceeded the declared amunt in the Cafeteria plan. YTD emplyee and emplyer cntributins will be stred in new fields in Cafeteria plan fr 5498-SA reprting. A new DC plan reprt has been created that will include a claims/payments sectin at the end f the reprt. This reprt is available upn request. In the DC investment plan, under Investment Summary (pen DC plan and g t Data Entry > Plan Specificatins > Investment Summary), yu can nw select individual investments t designate as Available fr claim payments. Edit the selected investment t view the ptin. NOTE: Fr existing plans that are setup fr directed investment, all funds will be selected as Available fr claim payments when 18.1 update is perfrmed. In the DC investment plan, under Investment Summary (pen DC plan and g t Data Entry > Plan Specificatins > Investment Summary), yu can nw set a Minimum threshld and Incremental transfer amt if balance belw threshld. Edit the selected investment t view these ptins. If a Minimum threshld and Incremental transfer amt if balance belw threshld amunts are entered, then the system will create the transfer transactin when the HSA Balance Update is perfrmed. The HSA Balance Update utput reprt will reflect the details f the transfer. Example 1: if Minimum threshld amunt = $ and Incremental transfer amt if balance belw threshld amunt = $0.00, then if the balance in the designated fund falls t $930.00, the system will create a transfer transactin fr $70.00 ut f the ther funds and int the designated fund. Example 2: if Minimum threshld amunt = $ and Incremental transfer amt if balance belw threshld amunt = $100.00, then if the balance in the designated fund falls t $930.00, the system will create a transfer transactin fr $ If the balance in the designated fund then falls t $880.00, the system will create a transfer transactin fr $ ut f the ther funds and int the designated fund. In this scenari, the system will create transfers in increments f $ NOTE: If Available fr claim payments is selected fr an investment that is als part f an Investment Prduct (mdel), and the participant has a balance in that Investment Prduct, then the Incremental transfer amt if balance belw threshld will nt be applied autmatically by the system. The utput reprt will identify the participant(s) having a shrtfall s that user can prcess a manual transfer. The DC investment plan balance available fr claim payments will be displayed in the Cafeteria plan in Data Entry > Census > Accunt Data > Accunt Balances tab. The new field is Part. Dir. Claim Pmt. Balance. This balance will als be available fr display n participant web and reprts. Unsettled trades in the DC investment plan will nw be included in the HSA Balance Update. A new clumn n the HSA Balance Update utput reprt will display the unsettled trades included in the DC investment plan balance. New ptin Include in activity transfer t DC in Cafeteria plan adjustment transactins, allws user t select if adjustment is t be included in HSA Activity Transfer. 4

5 The DC Plan TransID fr the DC investment plan transactin created frm the HSA Activity Transfer fr the crrespnding Cafeteria plan transactin can nw be viewed/edited in system. DC Plan TransID will display in Data Entry > Census > Accunt Data > Activity tab fr applicable transactins. DC Plan TransID will display in Transactin Detail Ledger fr applicable transactins. DC Plan TransID can be mdified in Transactin Detail Ledger fr applicable transactins. Refer t sectin 125 Web Enhancements fr changes t participant and plan spnsr web affecting HSA plans. HRA Enhancements Data Entry > Plan Specificatins > Benefit Selectin There have been a number f changes t enhance prcessing fr Health Reimbursement Arrangement (HRA) benefits. Changes include mdifying the Benefit Selectin screen, transactins and participant web. Changes t HRA prcessing: Ability t indicate the maximum reimbursement per family member fr HRA in the cst class. New ptin Rll-frward balances based n annual cntributin can be selected if Annual cntributin available immediately selected. When selected in cnjunctin with Retain unused balance in new year, the annual emplyer cntributin amunt will rll-frward t new year regardless f what has been psted in transactins. The HRA benefit can nw be selected t link t a defined cntributin plan fr investments (see sectin abve HSA enhancements fr additinal infrmatin Data Entry > Plan Specificatins > Plan Prvisins > Participant Directed Investments tab). Previusly users had t setup a custm HSA benefit called HRA t administer accunts such as VEBA s. If an HRA benefit is selected t link t DC investment plan, the HRA benefit must be set t Retain unused balance in new year. NOTE: if yu are currently administering an HRA type benefit setup with a custm HSA benefit, yu can cntinue t d s at versin Ability t reverse individual detail ledger recrds in transactins fr payments applied t the deductible and/r cpay. The deductible and cpay amunts fr HRA benefits will nw shw n participant web. Crdinated Health Benefit Enhancements Data Entry > Plan Specificatins > Benefit Selectin > Benefit Prvisins tab There have been a number f changes t enhance prcessing fr crdinated health benefits. Changes t crdinated health benefits: When benefit crdinatin is enabled fr tw health benefits, the system will nw display the individual benefit names in the system, and n reprts and checks. The system will n lnger display Crdinated Health Benefits. New ptin Secndary benefit pays emplyee prtin f primary benefit claims can be selected fr benefits that are secndary t an HRA benefit. If the HRA benefit has a deductible\cpay amunt entered, and this new ptin is selected, then the secndary benefit will reflect a payment fr the deductible\cpay amunt prcessed. Added ptin Secndary benefit pays when primary funds are exhausted, which was previusly the intent f crdinating health benefits. If the HRA is the primary benefit, and the HRA has a deductible\cpay amunt entered, the debit card selectin fr participants, fr bth the primary and secndary benefits, will be disabled until the deductible\cpay are met. 5

6 125 Web Enhancements 18.1 includes numerus enhancements t participant and plan spnsr web. There are changes that are applicable t all plan types, and changes that are applicable t nly Cafeteria plans. New ptins Exclude plan name frm plan listing page and Exclude plan name frm plan selectin page added fr participant and plan spnsr web fr all plan types (Data Entry > VRU/Web Setup > VRU/Web Setup > Plan Optins). When selected the plan name will nt display n participant and/r plan spnsr web. Example f hw t use: Optin added t be able t hide the Cafeteria plan n web when linked t a DC investment plan fr directed investment HSA. Participant lgs int web and is directed t the DC investment plan with ptin t use Quick Links fr access t specific Cafeteria plan web screens. New ptin Quick Links added that will allw a URL link t be added t participant and/r plan spnsr web fr all plan types (Utilities > VRU/Web Administratin > Web Custmizatin > Text/Languages > Quick Links). The Quick Link can be t a specific web screen in the same plan, a specific web screen in anther plan (plan needs t be selected as Linked plan fr Quick Links ), r an external link. There is n limit t the number f Quick Links that can be added. Order t display Quick Links can be defined Image\Icn can be assciated with Quick Link Quick Link can be defined t pen in a new windw Optin t nt display Quick Link New ptin Linked plan fr Quick Links (Data Entry > VRU/Web Setup > VRU/Web Setup > Plan Optins), used t link t specific web screens in a linked plan. The descriptin field size will be increased t 200 characters fr reprts that are sent t the web s that the Plan Spnsr will have a clearer understanding f what the reprt will display. Enhanced emplyee search n plan spnsr web. Ability fr user t custmize what clumns t display n the emplyee search (Data Entry > VRU/Web Setup > Spnsr Web Setup > EE Search). Ability t search n Emplyment status, Plan status, and Ending Balance. Fr Cafeteria plans, plan spnsr can rder debit cards frm the emplyee search screen. Updated Participatin Overview page t nt include categries that are nt applicable t Cafeteria plans, and t nt include benefits that are nt active fr the plan. New Participant Summary Items Balance By Surce, Balance By Investment and Claim payment balance (the ptin Claim payment balance can be fund under Benefits ) added fr Cafeteria plans (Data Entry > VRU/Web Setup > Web Setup > Participant Summary). Optins nly available when Cafeteria plan is linked t a DC investment plan. When Claim payment balance is selected web will display the balance based n the funds that have Available fr claim payments selected in DC investment plan. New Participant Summary Item added Benefits fr all nn-cafeteria plan types (Data Entry > VRU/Web Setup > Web Setup > Participant Summary). Optin nly available when DC investment plan is linked t a Cafeteria plan. New ptin fr Cafeteria plans D nt display benefits where status is Nt participating (Data Entry > VRU/Web Setup > Web Setup > Participant Summary). The deductible and cpay amunts fr HRA benefits will nw shw n participant web. Enhancements t Cafeteria plan debit card enrllment (Data Entry > VRU/Web Setup > Web Setup > Debit Card). New ptin t Allw debit card requests utside f benefit enrllment Ability t rder new debit cards New issue, Additinal cards and Reprt lst/stlen card New ptin allwing plan spnsr t request debit card fr participant. New ptin t Aut-enrll participants fr debit card. 6

7 New ptin t Transmit debit card requests t debit vendr upn submissin The benefit enrllment cnfirmatin page has been crrected t shw the debit card selectin fr selected benefits instead f dependents. Enhancements t all plan types t allw fr users t edit Status and Service infrmatin (Data Entry > VRU/Web Setup > Web Setup > Persnal Infrmatin > Service and Status). Optin t allw participants and/r plan spnsr t edit certain values Optin t Run eligibility immediately after submissin f status change is nly available fr Cafeteria plan types. NOTE: Fr certain status changes, such as terminatin, if the ptin Run eligibility immediately after submissin f status change is selected in additin t the debit card ptin Transmit debit card requests t debit vendr upn submissin, then the status change will be autmatically sent t the debit vendr fr debit active participants. New ntificatin ptins fr Cafeteria plans, Benefit electin change and Debit card requests (Data Entry > VRU/Web Setup > VRU/Web Setup > Ntificatin). New ptins fr participant and plan spnsr web t Allw Electin Changes and Require Spnsr Apprval prir t submissin (Data Entry > VRU/Web Setup > Web Setup > Benefit Enrllment/Changes). Enhanced Transit/Parking enrllment t mre clearly display mnthly electin changes vs. annual enrllment electin. 125 Claim Enhancements Prcessing > 125 Cafeteria Plans > Claims The cafeteria claims screens have been enhanced t allw fr greater flexibility. New claim entry ptins include (Available when entering new claim(s)): Display divisin n claim entry frm (cannt edit) Ability t pt ut f electrnic mailing added n claim entry frm Ability t turn ff prmpt fr adding claim attachments (Data Entry > Plan Specificatins > Prcessing Requirements > Claims/Payments tab) New mdify claim ptins include (Available when mdifying an existing claim): Ability t change the benefit n a claim if the claim payment status is Unpaid. Ability t change the dependent n a claim if the claim payment status is nt fully paid and n amunts fr the claim have been applied t deductible. Additinal enhancements related t claims entry: Ability t designate specified file types fr claim attachments t be upladed via the web fr claims (Utilities > VRU/Web Administratin > Web Optins > Web tab) Ability t change multiple selected claims with the claim status Pending Apprval t Apprved (Prcessing > 125 Cafeteria Plans > Claims > Activity > Apprve Pending Claims) Fr Limited Purpse Benefits, new ptin Discntinue limited purpse claim reimbursement restrictins after HRA deductible met. If selected, nce the HRA deductible has been met, claim entry will allw all service prviders t be displayed in drpdwn. (Data Entry > Plan Specificatins > Benefit Selectin > Benefit Prvisins tab) There is als a new field Limited Purpse Discntinue restrictins as f in Data Entry > Census > Benefit Selectin > Mdify Benefit, that will allw user t specify a date fr an individual participant as t when the limited purpse restrictins shuld be discntinued. This is an verride field. 7

8 125 Transactin Enhancements Prcessing > 125 Cafeteria Plans > Transactins 125 Transactin prcessing has been enhanced t prvide additinal validatins, functinality and filters. New ptin t filter n Plan year end date (View > Detail Filter) System will nw allw manually entered emplyer cntributin adjustments t pst when resulting balance will g negative. Only users with the security prfile fr Cafeteria Transactin Negative ER Adjustment set t Yes (Utilities > System Administratin > System Administratr Update > Security Prfiles) will be able t pst emplyer cntributin adjustments that will result in negative balance. System will als display a warning message asking user if they wuld like t cntinue. Debit Card Fee (Activity > Add Fee > Fee type = Debit card) will nw validate if a debit card fee fr same date range and participant(s) was psted. If s, it will nt pst a duplicate fee. Debit Card Dependent Fee (Activity > Add Fee > Fee type = Debit card > Fee sub-type = Dependent) has been mdified t nly apply fee per dependent based n the dependent having selected the debit card electin. 125 Payment Enhancements Prcessing > Payments > Prcess Payments >Activity > Print Checks New ptin t send ntificatin t participants when printing checks. Prcessing > Payments > Prcess Payments >Activity > Change Payment Status New ptin that allws user t change the payment status fr multiple selected payments. When user selects t display selected payment recrds fr checks/ach, the resulting screen will allw users t select/de-select all. 125 Miscellaneus Enhancements Data Entry > Plan Specificatins > Benefit Selectin > Cntributins tab Optin Prrate fr mid-year entries has been added fr Emplyer Cntributin t all benefits (previusly nly available fr HRA). Data Entry > Plan Specificatins > Benefit Selectin > New Year/Terminatin tab New Rll frward ptin Cpy plan benefits t new year and create $0.00 electins fr participants with balances nly has been added t all benefits. Data Entry > Plan Specificatins > Benefit Selectin > New Year/Terminatin tab New entry ptin Number f days fr grace perid, will allw entry f specific number f days fr grace perid. When a date is entered, system will calculate the Number f days fr grace perid (and the ppsite is true if the Number f days fr grace perid is entered, system will calculate the date). Data Entry > Plan Specificatins > Benefit Selectin > New Year/Terminatin tab New entry ptin Claim run-ut date, will allw entry f a specific date fr claim run-ut perid. When a date is entered, system will calculate the Number f days fr claim run-ut (and the ppsite is true if the Number f days fr claim run-ut is entered, system will calculate the date). Data Entry > Census > Transactin Setup The field fr the bank name, Select Institutin, has been increased frm 30 t 60 characters. Data Entry > Tables > Plan Limitatins Added Health FSA and Dependent Care annual limits. File > Open > Emplyer > Payrll Data tab New ptin t Exclude pay schedule n DVC. Cash Recnciliatin Enhancements Prcessing > Financial Institutin Interface > Cash Recnciliatin > Cash Balance/Recnciliatin Updated Cash Recnciliatin Detail Filter fr Relius disbursement transactins. Filter can be set fr Checks, Direct Depsit (ACH) and/r Debit. 8

9 If a Direct Depsit (ACH) advice was created after the ACH was generated fr the bank, the payment number issued t the Direct Depsit (ACH) advice will be inserted int the cash recnciliatin recrd. 125 Debit Card Enhancements Prcessing > 125 Cafeteria Plans > Debit Card Prcessing The fllwing warning message has been added when attempting t Submit rll frward balances, in an effrt t ensure all prir year activity has been psted in the prir year Yu are abut t submit balances t the debit card fr the new plan year. Prir t submitting the rll frward balances, please verify that all data files submitted t the debit card have been retrieved and that payments have been psted fr any manual claims apprved fr payment. D yu wish t cntinue? Reprts Bradridge Statement Exprt Reprting>Statement Mailing Exprts>Bradridge Statement Exprt Versin 18.1 prvides Relius Administratin users the ability t extract data frm the Relius system in a frmat that can be sent t Bradridge in rder t generate participant statements. This ptin prvides users a secnd alternative fr statement utsurcing. Bradridge is an industry leader in prviding investr cmmunicatin services. Fr mre infrmatin n Bradridge and its services, please cntact Cele Bryan at cele.bryan@bradridge.cm r Annual Investment Disclsure Print Enhancement The 'print t file type' ptin will nw be enabled when printing the annual investment disclsure reprt, allwing fr types ther than PDF t be chsen. New Print Optins In reprtwriter reprts, when printing t printer, yu nw have ptins t print multiple cpies, and select a page range. Yu als can nw access the printer prperties menu allwing access t additinal ptins, such as paper surce, duplex, cllate, etc. Participant Web/Plan Spnsr Web/VRU Participant and Plan Spnsr Web Linked Plans A new ptin has been added which allws yu t cnnect plans and designate ne f the plans as primary and the ther as the secndary plan. Hiding a plan allws the plan t nt display n the plan selectin pages fr participant and/r spnsr Web. When selected the plan name will nt display n participant and/r plan spnsr web. Example f hw t use: Optin added t be able t hide the Cafeteria plan n web when linked t a DC investment plan fr directed investment HSA. Participant lgs int web and is directed t the DC investment plan with ptin t use Quick Links (see Quick Links sectin belw) t access specific Cafeteria plan web screens. Quick Links Participant Web has been enhanced t display Quick Links n the Summary page. Quick Links fr participant and plan spnsr web can be t a specific web screen in the same plan, a specific web screen in anther plan (plan needs t be selected as Linked plan fr Quick Links ), r an external link. There is n limit t the number f Quick Links that can be added. The fllwing cnfiguratins are available: Order t display Quick Links can be defined Image\Icn can be assciated with Quick Link Quick Link can be defined t pen in a new windw 9

10 Optin t nt display Quick Link Caféteria Plan Enhancements Please see the Sectin 125/Cafeteria Enhancements sectin f What's New at Versin 18.1 fr infrmatin n 125 web enhancements. Participant Web Express Enrllment Express enrllment ffers plan participants a simpler methd fr enrlling nline. Participants will be given the ptin t chse either express r full enrllment. Express enrllment will present the participant with predefined amunts fr their cntributin rate and investment allcatins based n plan settings. Additinally, the enrllment prcess has been enhanced t ffer the participant the ability t pt ut f autmatic enrllment. Dimensinal Managed DC Relius Administratin Web is nw integrated with Dimensinal Managed DC. Offered by emplyerspnsred DC plans, Dimensinal Managed DC is a persnalized investment strategy designed t cnvert an individual s wrking incme int an inflatin-prtected retirement incme. It creates and regularly updates a custm prtfli allcatin fr each participant, steadily targeting a mnthly incme in retirement. Dimensinal Managed DC establishes preset incme gals based n specific infrmatin abut the participant and the plan. This includes data such as the individual s salary, plan accunt balance, cntributins t the plan, and ther surces f retirement incme. It manages participant incme shrtfall risk using established, research-driven investing techniques usually reserved fr large institutinal investrs. Cntact us fr mre infrmatin, including a cmplete disclsure f assciated risks and cnsideratins. T learn mre, cntact Austin Rsenthal at r Austin.Rsenthal@dimensinal.cm with any questins. MyRetirement Relius Administratin Web is nw integrated with SunGard s WealthStatin MyRetirement prduct t prvide participants with their estimated persnal retirement incme based n prtfli, life expectancy and inflatin rate assumptins set by the plan spnsr. The calculatin takes int accunt varius participant variables such as current age, assumed retirement age, assumptins n withdrawal time frames, accunt balance, cntributin rates, average annual returns, etc. The participant will be able t see retirement incme availability estimates based n their current cntributin rate as well as mdel hw increased cntributin rates impact future incme stream estimates. The participant s estimated persnal retirement incme will display n the Summary page with an ptin t link via single sign n t the WealthStatin planning center t prduce mre detailed estimates. This is a licensed prduct. Please cntact Relius Sales at , Optin 5 fr mre infrmatin n the prduct features and pricing infrmatin. Managed Accunt Investment Prduct Restrictins Investment prducts can nw be designated as nly available thrugh managed accunt services. When this ptin is turned n, these investments prducts will becme unavailable n participant web fr transfers in r new investment electins. Since nn-managed participants may have investments in these investment prducts because f the plan QDIA defaults, thse with current balances r investment electins in these funds will be able t transfer ut f these funds r reference existing electins when making new investment electins. Additinally, these investments will be hidden n the rate f return page n the web unless the participant is currently deferring int the mdel r has balances in the fund r is signed up fr managed accunt services. Status and Service Enhancement t all plan types t allw fr users t edit Status and Service infrmatin (Data Entry > VRU/Web Setup > Web Setup > Persnal Infrmatin > Service and Status). Plan Spnsr Web Funding Infrmatin Added t DVC 18.1 allws fr plan spnsrs t enter funding infrmatin n the last step f DVC and display instructins based n the funding methd selected by the spnsr. The funding infrmatin will flw thrugh Census DER prcessing. The ability t enter funding infrmatin in DVC is a plan specific ptin that can be enabled/disabled fr the plan. The new Plan Specificatin DVC feature will als require the additin f at least ne trade agent t the plan, r if the user wants t allw ACH Pull with bank accunt selectin. 10

11 Enrllment A new ptin has been added t VRU/Web Setup that when enabled will allw a plan spnsr user t skip enrllment when accessing a participant wh has nt cmpleted nline enrllment. The plan spnsr will be directed t the Participant Summary page where the spnsr can access participant pages r select t view the enrllment wizard by selecting the new Enrllment Steps menu ptin. Additinal Fields made available fr DVC DER The fllwing census verride fields are nw available in DVC DER: YTD Salary, YTD Hurs, YTD Deferrals (403b) and YTD Emplyer (403b). New ptin t Exclude pay schedule n DVC Payrll schedules can nw be marked t nt display n DVC. File > Open > Emplyer > Payrll Data tab. Reprting The descriptin field size will be increased t 200 characters fr reprts that are sent t the web s that the Plan Spnsr will have a clearer understanding f what the reprt will display. Emplyee Search The Emplyee Search page has been enhanced t cnfigure the clumns t display. In additin, new search ptins have been added t lcate participants based n Emplyment status, Plan status, and Ending Balance. Fr Cafeteria plans, plan spnsr can rder debit cards frm the emplyee search screen. Mbile Web Participant Mbile The mbile prduct has been enhanced t allw participants t manage their userid/passwrd via their mbile device. In additin, participants wh are flagged t require a userid/passwrd change will be autmatically directed t the Mbile Passwrd Change page during lgin when using their mbile device. Translated Text fr Spanish Translatins f web messages are available fr Spanish web users. Please see the Web sectin f 'What's New at 18.1' n the Relius Administratin Supprt site fr cmplete reference. Relius Gvernment Frms Link Licensing Cmpute Gvernment Frms Data After licensing Versin 18.1, yu will n lnger have access t the Cmpute Gvernment Frms ptin n the Prcessing menu if yu have cancelled yur subscriptin t Frms 5500 and 1099 with the Relius Gvernment Frms system. If yu are currently licensed fr nly Frms 5500 r nly 1099, yu can access Cmpute Gvernment Frms Data but will nly have that specific ptin available n the Frm drp dwn. If yu have questins regarding the Gvernment Frms ptins yu shuld be licensed fr, please cntact Relius Client Services at Optin 6. 11