Transaction Tasks and Procedures

(NEEDS UPDATE FOR 2024) Processing Cover Sheets / PC Review Tabs
On a daily basis we receive new distribution requests that need to be reviewed by our Transactions department and prepared for Sponsor Approval. Distri...
Wed, Nov 20, 2024 at 2:31 PM
(NEEDS UPDATE FOR 2024) Cover Sheet Review
Access distribution record in PC Distribution Tracking. PC/Tasks/Distributions Upload Cover Sheet from R:\CAPITALOperations\Distributions\Cover Sheets Ac...
Wed, Nov 20, 2024 at 2:32 PM
Distribution Ready to Trade Procedures
In Crystal Reports, open the Transactions-Internal-ReadytoTrade2, Transaction-Internal-CallOuts, and DMC-Distributions-Day1 reports. Export Transactions-I...
Wed, Aug 30, 2023 at 4:18 PM
Stale Dated Checks & Returned Checks
Stale Dated Checks Recordkeeping will notify Transactions of any outstanding distribution checks that have stale dated. These lists include cash distribut...
Mon, Oct 9, 2023 at 10:56 AM
Smile Doctors Loan Rollover Process for New Acquisitions
Loan info is received prior to receipt of Rollover Form: 1.    Save docs to: CapOperations/Rollovers/SmileDoctors Rollovers             a. Save Loan De...
Tue, Aug 24, 2021 at 2:26 PM
Review Reports
The objective of the Review Reports is to catch distributions that are stalled. By reviewing different scenarios in the distribution task in PC, we can find...
Wed, May 19, 2021 at 10:23 AM
Hardship Distribution & Loans Procedures
Hardship Distributions To locate new hardship requests: Sort by "Distribution Type" for requests containing "Hardship." Filter No...
Mon, Nov 4, 2024 at 4:50 PM
Cancelling Loans
GENERAL LOANS Pull up participant census and select Loans on left hand side.  Ensure the appropriate loan is selected. This example is cut and dry ...
Thu, Aug 31, 2023 at 11:29 AM
Cancelling Distributions
In order to cancel requests that have been approved by the sponsor:   Open the appropriate plan year in Relius. If this is an older transaction, you may ...
Thu, Aug 31, 2023 at 11:31 AM
Calculating Required Minimum Distribution
1) To calculate a participant's RMD, you will first open the plan in Relius. 2) Select Processing > Plan Maintenance > 70 1/2 Distribution C...
Tue, Sep 5, 2023 at 12:19 PM