Retirement Administration and Recordkeeping

Paychex is a full-service retirement plan provider offering centralized administration and simplified plan management for your company. With over 47,000 retirement services clients, we have the experience to handle your company's plan paperwork, recordkeeping, and administration requirements.

What We Offer

Payroll Integration

Paychex is one of the few retirement services providers able to integrate your company's payroll and 401(k) data. This greatly simplifies plan administration while helping ensure the accuracy of participants' information. If your company does not use Paychex Payroll, you can easily enter payroll data through our convenient Web- and spreadsheet-based tools.

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 company's 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

Paychex makes it easy to manage your company's 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

Largest 401(k) recordkeeper in CFO magazine's 2007 401(k) Providers Guide.

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

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Paychex Retirement Calculator

 

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