Reporting NC 401(k) Plans and NC 457 Plan Contributions Empower For your convenience, Empower offers three ways to submit NC 401(k) Plan and NC 457 Plan contributions:
- Excel-based file sent through a secure transmission program (sFTP), which is ideal for all employers.
- Excel-based file submitted through the File Upload feature on the Plan Sponsor Center, which is suitable for all employers.
- Web-based application (Guided Payroll Processing) on the Plan Sponsor Center, which is ideal for up to 50 participants.
A preferred standard layout is used for sending NC 401(k) and NC 457 Plan contributions to Empower. You may send contributions by bank wire or ACH debit.
Empower works with individual employers to determine which method works best for its unique situation. An Empower payroll representative will also review the layout, process and procedures you use to report and send contributions.
For more information about contributions to the NC 401(k) and NC 457 Plans, please email the NCPlans Team at ncplans@empower. Include your employer name, contact person and phone number in all email correspondence.
This page was last modified on 12/03/2024