TC SUNY VDC April Webinar PPT - The State University of New York
TC SUNY VDC April Webinar PPT - The State University of New York
TC SUNY VDC April Webinar PPT - The State University of New York
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Ongoing administration<br />
Your role as plan administrator<br />
Key activities for ongoing administration <strong>of</strong> the Program<br />
• Determine eligibility<br />
• Communicate the Program to all eligible employees and provide<br />
enrolling instructions<br />
• Add eligible employees to the remittance file<br />
• Determine vesting<br />
• Perform contribution administration<br />
• Perform funding administration<br />
• Submit periodic payroll & reporting data files<br />
• Manage the escrow account and process<br />
• You may also have contact with all investment providers under the<br />
Program which are: TIAA-CREF, VALIC, ING and MetLife.<br />
Note: Many <strong>of</strong> the ongoing administration requirements may be<br />
performed by your payroll provider.<br />
For Institutional Investor Use Only. Not for Use With or Distribution to the Public.<br />
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