179 / 499
file and files split by Approved Vendor will be available. By drilling
down into these reports, the Employee-level detail will be available.
7.7.2
VRSCO will preserve Retirement Manager records online for a minimum
of seven (7) years.
7.8
Employer Reports
7.8.1
All reports in Retirement Manager are available for download in Excel
spreadsheet format for further data manipulation and, where applicable, to
allow for date range search.
7.8.1.1 Qualification Report – Active employees who meet criteria for
plan eligibility.
7.8.1.2 Newly Qualified – Employees who have not previously been
eligible to participate but are now eligible.
7.8.1.3 Carrier Termination Report – Former Employees who were at one
time active in the plan (as identified within Retirement Manager)
listed by the Approved Vendor utilized.
7.8.1.4 Common Remitter Reports – The Employee Remittance by Payroll
Date Report and Employee Remittance by Carrier Report provide
two views of remittances processed via Retirement Manager.
7.8.1.5 Payroll Adjustment Report – Assists Employer in tracking receipt
of funds from negative adjustments requested via Retirement
Manager.
7.9
Vendor Access and Communication
7.9.1
Approved Vendors are offered access to the Retirement Manager web site
under the following terms:
7.9.1.1 Approved Vendor’s access is limited to viewing only those
Employees remitting to that Approved Vendor and those
remittances allocated to that Approved Vendor. Approved
Vendors will not have access to Employees’ remittance amounts
remitted to other Approved Vendors.
7.9.1.2 Remittance reports are only generated and made available to
Approved Vendors electronically via secure FTP file transfer or
download via the Retirement Manager web site.
7.9.1.3 Approved Vendor agrees to accept files retrieved from the site as
complete processing instructions and records for the information
provided.
7.9.1.4 Approved Vendors will only be able to see files in “Processed”
status.
7.9.1.5 Approved Vendors will receive the following notification reports
in addition to Common Remitter correspondence from Retirement
Manager for Employees selecting that Approved Vendor: new
employees, employee vesting status, and employee termination.
Retirement Manager provides these reports for informational
purposes only to the Approved Vendors.
26