Statements for Relius Administration

[Guest rtech]

I am trying to print out participant benefit statements from Relius Administration 8.2. I am working on a plan in which I have an Employer Safe Harbor Discretionary Contribution and a normal Employer discretionary contribution. Relius is not able to make out the vesting difference since they are both created under the employer source.

Has anybody gone through this? Has anybody created correct statements?

[Archimage]

You have to make two separate sources.

[Tom Poje]

if you coded the safe harbor as 100% vested, then you might be able to do the following (assuming nothing changed at 8.2 from 7.3)

add a source called QNEC

after all processing is done modify the account from safe harbor to QNEC. Modify the statement so the header does not say QNEC but whatever you want. Printing should work at this point. Maybe it is only a quick work around, but one does what works. Of course, remember to change back when finished.

I have done this with combo plans (money purchase and profit sharing) so I would expect you should be able to do the same

I am assuming of course you are trying to print a certificate by source so that it prints vertical. (All investment choices combined into one)

If you are doing a horizontal print of the data, then there are other ways around it.

you might also try posting this question on the Relius board (scroll down further) rather than the 401k board

[Guest Ken Simons]

The suggestion about creating 2 sources is correct. You do this by using the "description" text box next to the source choice. If you use the text box "alias" the title you put into alias will be used on reports for that source. The only problem you may have is that on some reports, all like sources (say Employer and employer safe harbor) and lumped together. This has been resolved with the next release of Relius (V8.3 in july) by enabling a report grouping code so that the sources will print separately.

Hope this helps.