Retirement Administration and Recordkeeping

Paychex is a full-service retirement plan provider offering centralized administration and simplified plan management for your company. With over 49,000 retirement services clients, we have the experience to handle your company's plan paperwork, recordkeeping, and administration requirements.

Service Options

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.

Free Web Seminar

Attend a FREE Web seminar and learn what every business should know about 401(k) plans.

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Other 401(k) and Retirement Services

For more information about Paychex One-Source Solutions, 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.

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The most new plans gained in 2008, with an increase of 12,000 new plans.

– PLANSPONSOR magazine

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Contact a local Paychex representative:

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

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