DCVALTM

PFPC provides the full-service outsourcing solution for your small and large balance-forward plans. Our outsourcing solution will streamline your operations and help you remain competitive in today’s retirement marketplace. We provide recordkeeping, trust reconciliation and compliance testing with standard guarantees for both quality and turnaround time. We handle all type of traditional plans, including ESOP plans.

PFPC also licenses DCVALTM software, a system designed with menu-driven allocation and data update processes. DCVAL minimizes your learning curve and increases productivity. DCVAL is continually updated to meet changing regulatory and industry requirements, so you have all the tools necessary to keep pace with today’s changing environment.
Training Classes

Broad Latitude in 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 Record Maintenance

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

ESOPs and 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

Payments and Distributions

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

For DCVAL Contact Information...

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DCVAL Features

Broad Latitude in Plan Designs

Plan Features

Investment Vehicles

Reports

Participant Record Maintenance

ESOPs and KSOPs

Compliance Tests

Employer Contribution Allocations

Loans

Payments and Distributions