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Overview
To support the evolving needs of the emerging corporate market, Fidelity Investments,
the nation's leading provider of defined contribution plans, provides accessible and
affordable retirement plans specifically designed for small- to mid-sized companies. To
further streamline and simplify employee benefits administration, Fidelity's state-of-the-art,
Web-based platform also allows small- to mid-sized companies to benefit from the
seamless integration of two of Fidelity's most popular retirement products, the tailored
401(k) and the standard 401(k), with a full suite of payroll services.
Fidelity's Integrated Defined Contribution and Payroll Products and Services
Tailored 401(k) - Offers substantial flexibility in plan design for companies with more
than $2M in assets, or companies with more than 150 employees looking to start a plan.
The tailored 401(k) features a full range of investment options, including brokerage and
mutual fund windows, as well as proactive plan management and consultation from a
dedicated Fidelity relationship manager.
Standard 401(k) - Offers a straightforward retirement plan solution for companies with
less than $2M in assets, or companies with fewer than 150 employees. The standard
401(k) provides a full range of mutual fund options, featuring a service platform designed
to provide proactive compliance support, while minimizing plan administration.
Payroll Processing - Provides an extensive range of payroll functions, including gross to
net and payment processing, balancing and reconciliation.
Comprehensive Tax Filing Service - Calculates and withholds employer and employee
tax liabilities, prepares and files tax deposits and returns, prepares and transmits W-2s
and W-3s, and responds to tax-related inquiries from tax authorities.
Comprehensive Tax Filing Service - Calculates and withholds employer and employee
tax liabilities, prepares and files tax deposits and returns, prepares and transmits W-2s
and W-3s, and responds to tax-related inquiries from tax authorities.
Time System Interface - Allows clients to import data from virtually any timekeeping
system, eliminating the need to reconcile data in multiple systems.
HR & Compliance Management - Captures important employee information for
compliance reporting, automatically saves historical information about job and salary,
and creates custom fields to meet the unique needs of emerging companies.
Benefit Management - Manages employer and employee information related to benefit
plans, and maintains rates which automatically drive employee deductions.
General Ledger Interface - Automates allocations and postings using import and export
functionality.
Labor Distribution - Establishes up to 10 cost centers per employee to provide the
ultimate in flexibility for allocating expenses to appropriate cost centers.
Reporting - Offers an extensive reports library, plus an advanced reporting and analytics
tool that allows for customized data generation and reporting.
The Company
Through its workplace services offering, Fidelity Employer Services Company provides
benefits and human resources administration, human capital management, payroll
solutions and stock plan services to millions of employees in the U.S. and Europe.
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Fidelity Employer Services Company, LLC
Fidelity Investments Institutional Services Company, Inc.,
82 Devonshire Street, Boston, MA 02109
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