NC 401k and 457 reporting

Description of Issue
  • Where do I create a payroll file for NC 401k and 457 reporting?

  • NC Total Retirement plans are migrating from Prudential to Empower.  Where do I create a payroll file for submission to Empower?

Context
  • Payroll

  • North Carolina

  • Deduction Report 

Cause

Instructional

Resolution

Reporting for the NC Total Retirement Plans is handled in the Deduction Report program from the Payroll Processing menu and must be completed for each Run/Warrant, after the Employee Update step has been completed.  This did not change with the migration to Empower from Prudential.

For 401k reporting, select Prudential. 

For 457 reporting, select Prudential 457(b).

Additional Information

North Carolina Total Retirement Plans Homepage: https://ncplans.retirepru.com/index.html

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