PCS is the only independent/conflict-free recordkeeper offering the complete suite of reports that help you wholly manage a retirement plan. Our comprehensive list of automated and on-demand reports offer details to plan transactions – all while offering a 360o degree look at the activity and transactions surrounding a Plan. Explore the complete suite of reports below.

PCS-Generated Reports

Summary of Participant Accounts (Cash or Accrual Basis)

This report summarizes your participant’s accounts, including name, Social Security Number, beginning balance, gains/losses, contributions, withdrawals, fees, loan payments, transfers, forfeitures, and ending balance. Cash Basis uses an accrual accounting methodology.

Census Verification Report

This report contains the Plan’s full year census and contribution information, including participant Social Security number, full name, date of birth, date of hire, termination date, and rehire date (if applicable) plus contributions. It is inclusive of the Plan’s final payroll for the year.

Annual Participant Disclosure

This report is the annual participant disclosure required under ERISA § 404(a)(5) (if applicable).

Plan Administrator Report

This suite of reports includes Source Reconciliation showing forfeiture in suspense and cash totals, participant Register Report, Loan Summary Report, Forfeiture Summary and Detail reports in one package.

Activity Reports: Available On-Demand

BALANCE BY FUND

This report contains contributions, distributions and ending balance for each Plan investment. It also shows a participant count for each investment. The first section breaks down by individual funds and models offered in the Plan. The second section breaks down by funds in the Plan.

PLAN LEVEL INCOME STATEMENT

This report is a summary of Plan activity. It includes beginning balance, ending balance, vested balance, and average participant balance.

REGISTER REPORT

This highly useful summary includes participant names, source, fund, opening balance, gains/loss, fees, contributions, withdrawals, transfers, forfeitures and closing balance. Also reported are statement register totals by fund and source, Plan totals, and forfeiture account balances.

SOURCE RECONCILIATION REPORT

This report is part of our audit package. The data is listed at the Plan level by source, and includes prior balance, gains/losses, contributions, withdrawals, transfer, forfeitures, and ending balance.

SUMMARY OF PARTICIPANT ACCOUNTS FOR GENERIC ASC IMPORT

This report allows TPAs that use the ASC Defined Contribution/401(k) System (ASC) to download transaction history from the PCS website in a format appropriate for year-end administration without any manual manipulation.

SUMMARY OF PARTICIPANT ACCOUNTS (CASH BASIS)

This report summarizes your participant’s accounts, including name, Social Security number, beginning balance, gains/losses, contributions, withdrawals, fees, loan payments, transfers, forfeitures, and ending balance. The information is organized by participant, by source.

SUMMARY OF PARTICIPANT ACCOUNTS (PLAN LEVEL)

This report summarizes all your participant’s accounts, beginning balances, gains/losses, contributions, withdrawals, fees, loan payments, transfers, forfeitures, and ending balance. The information is organized by investment.

Summary of Participant Accounts by Investments

This report summarizes each participant’s account, including name, Social Security number, beginning balance, gains/losses, contributions, withdrawals, fees, loan payments, transfers, forfeitures, and ending balance. The information is organized by participant, by investment.

Census Reports: Available On-Demand

EMPLOYEE INFORMATION

This report gives a list of employees in the Plan with dates, division, employment status, enrollment status, and balance.

PARTICIPANTS WITHOUT COMPENSATION OR HOURS

This report sets forth those participants for whom compensation and hours have not yet been submitted for the year.

PARTICIPANTS WITHOUT EMAIL ADDRESS

Lists participants who do not have an email address in the system.

TERMINATED WITH A BALANCE

This report shows terminated participants who still have a balance in the Plan.

Contribution Reports: Available On-Demand

Contribution by Source by Payroll - by Participant or Plan

This report lists the total amount of each contribution by payroll date, and source. There are two reports of its kind – one for participants and one for the Plan.

Employee Contributions

This report includes participant name, and employee pre-tax and Roth contributions.

Employees Eligible for Catch-up Contributions

This report informs you of participants eligible for catch-up contributions (who are or will reach age 50 this year) and provides participant name, Social Security Number, employment status, termination date, birth date, and date eligible for catch-up.

Payroll Change Report

This new report tracks all of your Plan’s payroll changes in one place, including hardship suspensions, new loans, final loan payments, loans fully paid, contribution changes, automatic contribution acceleration, and automatic enrollment.

Distribution Reports: Available On-Demand

AGE 70-1/2 REPORT

Details those participants who reached age 70-1/2 and the closing balance used to calculate RMDs.

DISTRIBUTION REPORT

This report provides detail by source for distributions taken by participants, and includes related fees and forfeitures.

FORFEITURE ANALYSIS

Breaks down forfeiture accounts by division, then by investment. This report lists beginning balance, participant forfeitures, reallocated forfeitures, gains/losses/ adjustments/transfers, and ending balance.

LOAN BALANCE REPORT

This report shows the loan beginning balance, new loans, any loans deemed as distributed, total payments, total interest and closing balance by participant.

VESTING REPORT

A comprehensive report of all participants in the Plan. The data includes vested balance and vested percentage, listed by source type. The report also includes termination date (if applicable).

FORFEITURE SUSPENSE DETAIL REPORT

This report shows transactions for the forfeiture suspense account including beginning balance, participant forfeitures by participant, adjustments/transfers, gains/losses and ending balance.

LOAN DETAIL REPORT

This report shows detail for each active participant loan, including original amount, interest rate, payment amounts and closing amount at year end.