The Sponsor Basic Information Screen is used to enter general information for the Plan Sponsor such as EIN and name.
- Employer Identification Number (EIN): uniquely identifies a Plan Sponsor from others in the database. This is a required field. Enter the federal tax identification number (i.e., EIN) for the new Plan Sponsor as filed on their Form 5500. If the sponsor does not have an EIN or if you are unable to obtain it, the suggested convention is to use an internally assigned client number, pre-filled with the digit "9" if the client number is less than 9 digits in length. For example, if you do not know the EIN for the client 1234, you would specify the EIN as 99-9991234.
To change the EIN for an existing Plan Sponsor, you must first check the Change box and then enter the new EIN.
- Client/Reference Number: can be used to provide an alternative way of identifying a Plan Sponsor. Typically, it is filled with an internally assigned client number. Note that this value may contain numbers, characters and letters.
- Default Output Folder: identifies a default location for files to be exported and saved for this Plan Sponsor. The folder specified here is the one opened when you select the Default Folder icon on the Home ribbon menu. It is also an often used default file location on various Plan Sponsor and Plan Document screens.
- Sponsor Name: enter the Plan Sponsor's full company or organization name here.
- Shortened Name: use this field to enter an abbreviated name for the Plan Sponsor.
- Profit Type: specifies whether a Plan Sponsor is a for-profit, government, or non-profit organization.
- Business Activity Code: used to enter the business code for the Plan Sponsor if available. Activity codes are based on the North American Industry Classification System.
- Enable Web Portal: checking this box turns on the web portal capabilities for this Plan Sponsor.
- System Users Assigned to Sponsor: include here all System Users that work with this Plan Sponsor. To add a user, click the green "+" button and enter the requested information.
