Employee Deduction Limit report

The Employee Deduction Limit report provides the ability to monitor the combined deferral amount of pre-tax 401(k)/403(b) and after-tax Roth contributions. This monitoring ensures that plan participants do not exceed annual limits outlined by the IRS.

HR Payroll must be enabled to use this report.

See Enabling payroll.

  1. Sign in as Payroll Administrator.
  2. Select Reports > Employee Deduction Limit Report.
  3. Click Create Employee Deduction Limit Report to select your reporting criteria.
  4. Specify this information:
    Check Date Range
    Select a date range to specify the payment check dates to report on.
    Currency
    Specify a currency. The currency on the report must match the currency on each specified deduction code and each deduction code that is tied to the specified deduction classes.
    Description
    Optionally, specify a description.
    Only Include Exceeded Limits
    Optionally, select this check box and specify an amount in the Limit field to control the amount threshold that an employee’s payments must exceed to be included.
    Resources
    Optionally, specify resources to include in the report.
    Eligibility Group
    Optionally, specify an eligibility group to include in the report.
    Payment Schedule
    Optionally, specify a payment schedule to include in the report.
    Deduction Code
    Specify a deduction code. The deduction codes and classes control the payments that are reported on. Deduction class calculations include all the deduction codes that are tied to a deduction code.
    Deduction Class
    Specify a deduction class. The deduction codes and classes control the payments that are reported on. Deduction class calculations include all the deduction codes that are tied to a deduction code.
  5. Click Submit.
  6. Select a report to view the records that are included in the report.
    • Click the Details By Employee tab to view records sorted by employee.
      • If an employee has multiple work assignments that have different payment schedules, but the employee was paid for both, multiple records are displayed.
      • The sum of the amounts within the check range for each deduction code or class are displayed along with a grand total. Each employee has totals for all of their detail records.
    • Click the Details By Payment Schedule tab to view records sorted by payment.
  7. To purge a report, select a report and click Purge Report to purge the report along with its associated detail records.