Who Is This For: HR/Payroll
Where Will This Solution Be Located: Employment Record -> Benefits -> Benefit Admin
When Does This Solution Apply: Whenever a new hire has started and their new hire benefit set has been applied.
Description: This guide will walk you through enrolling a team member in the default 401k election through benefit admin.
1) Navigate to the Team Member record. In this scenario, we'll be using Test Puma.
2) Navigate to their employment record.
3) You can access benefit admin in two ways:
1. Hover over the "Benefits" related list and click on "Benefit Admin"
2. Scroll down or click on the "Benefits" related list and click on "Benefit Admin"
4) The back-end enrollment wizard will open. It is similar to what users go through when enrolling in benefits. Go ahead and click on "401k" or "Inspired SIMPLE IRA".
5) Select the 401k/SIMPLE option on the next screen.
6) Enter 2% for ADB/ZD & Inspired employees. Enter in 3% for Mercury employees. You can "recalculate" to see their estimated cost. Hit "Save" after you do so.
7) You can access their newly created benefit record by clicking on the Provider under "Pending Benefits".
8) If you choose not to look at the benefit record, just hit "Cancel" to leave Benefit Admin and you're good to go!
Created By: David Lee
Created Date: 11/26/19
Version: 1.0