DCVALTM

PFPC's full-service outsourcing solution is designed to streamline processing for your small and large balance-forward plans. We provide recordkeeping, trust reconciliation and compliance testing with standard guarantees for both quality and turnaround time. And we handle all type of traditional plans including ESOPs.

PFPC also licenses DCVALTM software, a system built with menu-driven allocation and data update processes. An easy-to-use package, DCVAL is continually updated so you have all the tools necessary to keep pace with today’s changing environment.

Training Classes

Multiple Plan Designs

  • Profit sharing
  • Money purchase
  • 401(k)
  • Target benefit
  • Age weighted
  • Non-qualified

Plan Features

  • Service and age eligibility
  • Hours and elapsed time vesting calculations
  • Multiple vesting schedules
  • Allocation of earnings and dividends
  • Stock purchases/repurchases
  • Forfeitures/reallocation of forfeitures

Investment Vehicles

  • Flexible account setup
  • Participant directed investments
  • Cash and stock accounting

Reports

  • Standard reports for verification
  • Custom-designed listings and certificates

Participant Records

  • Flexible import/export functionality
  • Audit trails
  • Easy recovery from errors
  • Interfund transfers
  • Plan customization

ESOPs & KSOPs

  • Leveraged ESOPs
  • Fund restriction (IRC section 1042)
  • 1/3 test for leveraged ESOPs
  • Released share capabilities
  • Diversification reporting

Compliance Tests

  • HCE determination
  • ADP/ACP/MUA test and adjustment/corrections
  • 415 test
  • Top heavy test
  • Minimum distribution calculation reporting
  • Employee counts for 5500

Employer Contribution Allocations

  • Contributions based on compensation, salary and/or service points
  • Permitted disparity using Social Security wage base or other amount
  • Matching contributions, step-rate formulas, maximum percent or dollar amount

Loans

  • Plan and individual loans
  • Maximum loan amount calculations
  • Multiple loans per participant
  • Regeneration of amortization schedules

Distributions

  • Lump sum and partial distributions
  • Plan terminations
  • Calculation and storage of 1099-R information

back to top

privacy policy  |   information request  |   site map              

© 2001 PFPC Worldwide Inc. All rights reserved.
A member of The PNC Financial Services Group

 
 
 
 
 
DCVAL Features

Multiple Plan Designs

Plan Features

Investment Vehicles

Reports

Participant Records

ESOPs & KSOPs

Compliance Tests

Employer Contribution Allocations

Loans

Distributions