General Retirement Plan Settings

When selected, the plan will be available to employees during enrollment after you have added options. You can set up a plan to be published later.

The display name of the plan.

Description of the plan. Dayforce doesn't show the description to employees during enrollment.

The ID used in import files to properly import employee benefits. Cross-reference codes are used to import and export data to and from Dayforce and other applications.

Retirement plans can have several different subtypes. These subtypes are determined by the plan type and the country in which the plan is offered. The options are:

You make this selection in the Add Plan dialog box (before Dayforce shows the plan setup screen), but you can still update it in the General tab until you save the plan. After you’ve saved the plan, you can't change this selection.

The carrier associated with the plan. If you plan to add waive options under the plan, don’t associate it with a carrier. See Waive Options.

The plan code that identifies the plan with the associated carrier.

The policy number that identifies the plan with the associated carrier.

The policy number that identifies the plan with the associated carrier.

The last date that the plan is available to employees.

The first date that the plan was originally offered. The inception date can't be after the plan's effective from date.

Determines whether the plan year date is the same, year over year, or is specific to one calendar year. The options are:

• Fixed: The date includes a month, day, and year.
• Relative: The date only includes a month and a day.

The first day of the plan year. All plans associated with a carrier must have the same plan year start date.

The last day of the plan year. All plans associated with a carrier must have the same plan year end date.

The plan is considered a high deductible plan.

The plan is subject to Section 125 regulations.

Note: Dayforce shows this field for plans based only in the United States.