Employer Match

On the Transactions menu, point to Contributions, and then click Employer Match. The Employer Match Contributions window displays.

1. Select the Plan.
2. Select the participant by typing the Participant ID or select a participant from the Participant Search list.
3. Complete the following required fields:
   • Enter the Effective Date, which is the date the transaction will be posted to the participant's account. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Enter the Allocation Date, which is the date used in determining the appropriate investment direction. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Enter the Unit Date to be used to value the units/shares purchased to cover the payroll contributions transaction. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Select the Posted Transactions check box to base the match on all posted transactions.

     and/or

     Select the Pending Transactions check box to include pending transactions in the match calculation.

4. Complete any of the following optional fields:
   • In the Payroll Date field, enter the date when the deduction was made from the participant's paycheck. If you enter a payroll date, TSM.Net will only look at match eligible contributions for that date. This date defaults to the current date.
   • Specify the Fiscal Year to be used when creating this transaction. This field defaults to the current year.
   • Select the subtype, if applicable, from the list.
5. Select the Generate Transactions check box to generate contribution transactions, along with a report that lists the participant's social security number, name, and amount of the contribution. If not selected, TSM.Net will only generate a report. You can view pending transactions on the Inquiry > Transaction Inquiry window. This is optional.
6. When you are done, click Process. You will see the following confirmation message:

   This process has been added to the job queue. The job number is XXXXXX.

   TSM.Net processes the total dollar amount of the match contribution and creates a contribution transaction that you can access on the Pending Transactions window.

1. Select the Plan.
2. Select the All Match Eligible Participants check box.
3. Complete the following required fields:
   • Enter the Effective Date, which is the date the transaction will be posted to the participant's account. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Enter the Allocation Date, which is the date used in determining the appropriate investment direction. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Enter the Unit Date to be used to value the units/shares purchased to cover the payroll contributions transaction. TSM.Net uses the current date as the default. Type the date using mm/dd/yyyy format, or use the calendar.
   • Select the Posted Transactions check box to base the match on all posted transactions.

     and/or

     Select the Pending Transactions check box to include pending transactions in the match calculation.

4. Complete any of the following optional fields:
   • In the Payroll Date field, enter the date when the deduction was made from the participant's paycheck. If you enter a payroll date, TSM.Net will only look at match eligible contributions for that date. This date defaults to the current date.
   • Specify the Fiscal Year to be used when creating this transaction. This field defaults to the current year.
   • Select the subtype, if applicable, from the list.
5. Select the Include Terminated Participants check box to include terminated participants in the match calculation process. This is optional.
6. Select the Generate Transactions check box to generate contribution transactions, along with a report that lists the participant's social security number, name, and amount of the contribution. If not selected, TSM.Net will only generate a report. You can view pending transactions on the Inquiry > Transaction Inquiry window. This is optional.
7. When you are done, click Process. You will see the following confirmation message:

   This process has been added to the job queue. The job number is XXXXXX.

   TSM.Net processes the total dollar amount of the match contribution and creates a contribution transaction that you can access on the Pending Transactions window.

Field Name	Field Description	Required / Optional
Participant ID/Name	Select the participant by typing the Participant ID or select a participant from the Participant Search list.	Required if All Match Eligible Participants is not selected
All Match Eligible Participants	Select to create matching contributions for all participants	Required if Participant ID is not selected
Effective Date	Enter the date this transaction will post to the participant account. Click in the field to display the current date, or use the calendar.	Required
Allocation Date	TSM.Net will use the participant allocation / investment direction in place on the allocation date to determine the investment of contributions. Contributions can be processed based on a historical allocation. Click in the field to display the current date, or use the calendar.	Required
Unit Date	Enter the date the unit/share price(s) will be used in purchasing unit/shares for the transaction. Unit values are entered in the Inquiry > Mass Unit Value Entry option. Click in the field to display the current date, or use the calendar.	Required
Fiscal Year	Enter the fiscal year you want this contribution to use. There must be a compensation record for the year entered in the Setup > Participants > Salary option.	Required
Subtype	Enter the subtype, if applicable.	Optional
Payroll Date	Enter the date that should be reflected as the Payroll Date on the posted transaction window. This would typically be the date the match was granted by the employer. Click in the field to display the current date, or use the calendar.	Required
Posted Transactions	Select this check box to base the match calculation on all posted transactions.	Optional
Pending Transactions	Select this check box to include pending transactions in the match calculation.	Optional
Include Terminated Participants	Select this check box to include terminated participants in the tiered match calculation process.	Optional
Generate Transactions	Select this check box to have TSM.Net generate contribution transactions, along with a report that lists the participant's social security number, name, and amount of the contribution. If not clicked, only a report will be generated.	Optional