You are here: TSM SmartClient Menu Options > Setup Menu > Participants > Participant Plan Other Information > Eligibility tab

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Participant Plan Other Information - Eligibility tab

Use this tab to enter pertinent participant eligibility information for the Plan. You can enter this information manually or update it automatically by running the "Update Eligibility" process.

See Also: How to Process Eligibility

               Setup >Participants>Update Eligibility

How to Access the Participant Plan Other Information – Eligibility tab

1.   On the Setup menu, point to Participants and then click Participant Plan Other Information. The Participant Plan Other Information window displays.

2.   Click the Eligibility tab.

Explanation of Fields

Field Name

Field Description

Required / Optional

Plan Participation Eligibility Date

Enter the date on which the participant became/will become Plan eligible. This date is determined by the rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Safe Harbor Eligibility Date

Enter the date on which the participant became/will become Plan eligible. This date should be/is determined by the rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

After Tax Eligibility Date

Enter the date on which the participant became/will become eligible to make after tax contributions. This date /is determined by the After Tax Eligibility Rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Match Eligibility Date

Enter the date on which the participant became/will become eligible to receive a match contribution. This date should be/is determined by the Match Eligibility Rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Profit Sharing Eligibility Date

Enter the date on which the participant became/will become eligible to receive a profit sharing contribution. This date should be/is determined by the Profit Sharing Eligibility Rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Forfeiture Eligibility Date

Enter the date on which the participant became/will become elgible to receive a forfeiture contribution. This date should be/is determined by the Forfeiture Eligibility Rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Match Allocation Date

Enter the date on which the participant is actually allowed to receive match contributions based on the rules defined in the Setup > Plans > Participation Eligibility Rules option. To update this field automatically, run the Setup > Participants > Update Eligibility process.

Optional

Profit Sharing Allocation Date

Enter the date on which the participant is actually allowed to receive profit sharing contributions based on the rules defined in the Setup > Plans > Participation Eligibility Rules window. TSM SmartClient can update this field automatically during the Setup > Participants > Update Eligibility process.

Optional

Forfeiture Allocation Date

Enter the date on which the participant is actually allowed to receive forfeiture allocations based on the rules defined in the Setup > Plans > Participation Eligibility Rules window. TSM SmartClient can update this field automatically during the Setup > Participants > Update Eligibility process.

Optional

Plan Participation Eligible

Select this check box to indicate that the participant is eligible to participate in the Plan. This field can be manually flagged or flagged automatically by running the Setup > Participants > Update Eligibility process.

Optional

After Tax Eligible

Select this check box to indicate that the participant is eligible to contribute after tax money to the Plan. This field can be manually flagged or flagged automatically by running the Setup > Participants > Update Eligibility process.

Optional

Match Eligible

Select this check box to indicate that the participant is eligible to receive match contributions. This field can be manually flagged or flagged automatically by running the Setup > Participants > Update Eligibility process.

Optional

Profit Sharing Eligible

Select this check box to indicate that the participant is eligible to receive profit sharing contributions. This field can be manually flagged or flagged automatically by running the Setup > Participants > Update Eligibility process.

Optional

Forfeiture Eligible

Select this check box to indicate that the participant is eligible to receive forfeiture allocations. This field can be manually flagged or automatically flagged by running the Setup > Participants > Update Eligibility process.

Optional