Employee Deferral Report (BN335)

Run Employee Deferral Report (BN335) to determine if employees are reaching the percent of compensation limit so you can stop or reduce their contributions.

Processing Effect

The report calculates whether an employee's contributions to 401(k), 403(b), or 457 plans approach the elective deferral limit or the maximum annual additions limit.

The Payroll application determines these limits using BSI (Business Software, Inc.).