In your portal, you can create a Participant Activity Report (PAR) or Audit Report. PARs reflect all transactions by a participant, while an Audit Report allows you to apply various filters, such as fees, forfeitures, and participant contributions. To get started, follow the instructions below:
- Log in to https://tpa.futurestepretirement.com and navigate to the “Reports” tab.
- From the “Report Type” dropdown menu, you may select Participant Activity Report or Audit Report. Then, choose a specific plan from the “Plan” dropdown menu and set a custom time range in the “Dates” field.
- Once you have made your selections, click Generate Report.
- Note: If you would like to download all plans at once, select Download All Plans.
- After your report is generated, you will have the option to export it. Simply select Download to CSV or Download to Excel based on your preference.
- Note: If you choose to create an audit report, multiple reports will be generated, and you will need to go into each filtered tab to review and download a report.
Report Types
Participant Activity Report (PAR)
A PAR (or Participant Activity Report) will provide for any given date range a funding source level breakdown of participant balances and activity (i.e., money-in, money-out, market gains/ losses), including activity impacting forfeitures as well as loans. The report will tie out beginning-of-period balances to end-of-period balances by funding source while accounting for the aforementioned activities. This report is run on a cash basis.
Audit Package
Contributions
The contributions report shows each contribution by funding source for participants.
Plan Distributions
The distributions report shows all distribution activities completed by plan participants.
Participant Investment Detail
The participant investment detail report breaks down each participant's money-in/out activity, fund income, loan, and forfeiture activity across fund/CUSIP by funding source.
Plan Fees
The fees report shows all fees paid by the plan participants along with the type of fees and amounts.
Plan Rollovers
The rollovers report shows all rollover activity initiated by a plan’s participants.
Plan Forfeitures
The forfeitures report shows all forfeitures made into a plan’s forfeiture account, including amounts, participants, and funding sources.
Loans
The loans report shows loan details and activity.