Defining investment options

This procedure outlines those tasks to define investment accounts for defined contribution plans that offer employees a choice of accounts in which they can invest contributions. Defining investment options enables you to track the investment choices made by employees. This information does not flow through to the contribution amounts.

Select the Investment tab on Benefit Plan (BN15.1).
Complete the form using these guidelines:

Investment Elections

Select whether an employee can choose the distribution of plan contributions.

Distribution Increments

Specify the minimum percent increments that the employees can distribute into an account when splitting investments into multiple accounts.

For example, if you specify 25, then the employees can invest 25.0 percent, 50.0 percent, 75.0 percent or 100.0 percent of their contributions in an account.

Note: Set one of the investment accounts as the default. If an employee does not make an investment election upon enrollment, then all contributions are invested in the default account.
Specify the Investment account information.
Select the Add form function.