Third Party Administrators

Payroll Network works closely with Third Party Administrators to better serve our mutual clients. When Payroll Network is your client’s payroll provider, payroll and 401(k) data are integrated resulting in important benefits to your client:

• 401(k) administrative time is significantly reduced.
• Employee census reports can be generated without involving the client.
• And, late penalties are avoided because the 401(k) remittances are transmitted with every payroll. With the Department of Labor’s new guidelines on the timing requirements for 401(k) payroll deposits and with most 401(k) investment providers now requiring ACH debit of payroll deposits, this is only way to ensure timely remittance within DOL’s guidelines.

With your client’s written authorization*, Payroll Network provides you with internet access to your client’s information. Because you have easy access to the client’s up-to-the-minute 401(k) data, you are able to answer their questions and solve problems quickly and efficiently.

Our report generating capability is simple and flexible. You can quickly generate timely, customized reports to assist you in advising your clients

Payroll Network is 100% complementary to your services and the services offered by your broker network. We don't sell investment products or insurance. We don't offer TPA services. Our expertise is payroll processing – that is our sole focus. And, we’re great at it!

And, we are a small, local business that prides itself on superior client service. We will be responsive to your requirements as needed and, together, we will grow our respective businesses.

Want to hear more? Contact us today to discuss this and other ways we can better serve our mutual clients!

*Download the TPA Access Authorization Form