Retirement Administration and Recordkeeping

Paychex Business Solutions (PBS) offers full-service retirement plan solutions including centralized administration and simplified plan management. Our ability to handle plan paperwork, recordkeeping, and administration requirements is relied upon daily by businesses across the country.

What We Offer

Payroll Integration

We are one of the few retirement services providers able to seamlessly integrate your payroll data with your retirement plan — making it even easier to manage.

Legal Documentation

Receive all required legal documents, including the corporate resolution, adoption agreement, and Summary Plan Description.

Form Preparation

We prepare federal Form 5500 on an annual basis, and Forms 1099-R and 945 as required.

Testing, Reports, and Valuation

Each quarter, we perform nondiscrimination testing and provide you with vital management reports and participant statements. We also perform daily valuations on all account balances.

Distribution Processing

We process participant distributions for qualifying events such as termination, retirement, or disability.

Data Transfers

Every pay period, we complete secure transfers of your contribution payroll deductions to your investment provider.

Loan Administration

We model and manage any loans on participants' retirement account assets.

Toll-free Support and Online Account Access

PBS makes it easy to manage your retirement account. We provide 24 hour plan access through the Web or our toll-free information line. Our administration guide book and enrollment support also help answer questions about your plan.

Other 401(k) and Retirement Services

For more information about our products and services, please contact a Paychex representative at 800-322-7292, Monday through Friday from 8:00 a.m. to 8:00 p.m. ET. Or, complete our online form for a no-obligation quote.

Printable Version

The most new plans gained in 2007, with 12,000.

– PLANSPONSOR magazine

Get Started

For more information about our products and services, contact a Paychex representative:

800-322-7292
Monday - Friday
8:00 a.m. - 8:00 p.m. ET

Online Form
 

Free Payroll Quote

Paychex Business Solutions

is available in these states:

AZ, CA, CO, FL, GA, MI, NJ, NY, OK, TX


Paychex Retirement Calculator

 

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