HomeMy WebLinkAboutInv# 2024-00000954 - U.S. BENCOR - 10/18/2024 (2).
Bank Name:
Bank Account #
Payment Amount:$62,218.90
Payment Verified By:Yeimy Guzman 10/21/2024
Finance Department
Payment Authorized :Frank DiPaolo 10/21/2024
Finance Department Date
Transferred by:Yeimy Guzman 10/21/2024
Finance Department Date
BENCOR Special Pay Plan - 10-21-24
Wire Transfer
SUNTRUST
1000160924055
*In New World Use Confirming EFT*
October 21, 2024
2:35:49AM
CITY OF DANIA BEACH 401(a) FICA ALTERNATIVE PLAN
The following "Information Only Report" has been provided as the result of a recent submission of payroll
information. This report details the amounts that we understand were uploaded through the Data Validation
Center. If you determine that these amounts do not reflect your understanding of the amounts that were
uploaded to our system please contact our Customer Service Department at 844-249-4520 as soon as
possible.
Please note that if you are funding your Plan contributions via ACH , you will receive an additional email
notification stating when your funds will be drafted from your bank account as well as stating the ACH amount
that will be drafted from your account.
If you are funding your Plan contributions via check, your funds will be invested once they have been received by
the Custodian/Trust Company. Please refer to the remittance instructions shown on the bottom of this report.
PLEASE PRINT THIS REPORT AND INCLUDE IT WITH YOUR CHECK.
DATA VALIDATION PROCESSING REPORT
This report details the amount to be funded for the pay period ending 10/18/2024.
Uploaded 10/21/2024 2:35:43AM
Employer Contribution $62,218.90
Total $62,218.90
CONTRIBUTION REMITTANCE INSTRUCTIONS
If funding your Plan Contributions via check, please make check payable to:
Charles Schwab Trust Bank, 108849,
FBO CITY OF DANIA BEACH 401(a) FICA ALTERNATIVE PLAN
Send checks via US Postal Service to:
Charles Schwab Trust Bank
11800 Schwab Way
Austin, TX 78758
Send checks via Overnight Service to:
Charles Schwab Trust Bank
PO Box 81686
Austin, TX 78708
The Department of Labor requires that employee contributions be paid to the plan as of the earliest date that they can
reasonably be segregated from the employer 's general assets.
For "small plans", (i.e., those with fewer than 100 participants), the DOL has established a "safe harbor" for the timely
deposit of employee contributions. For such plans, the DOL will consider timely the deposit of employee contributions
made by the 7th business day following the date on which such amounts were withheld from paychecks .
Penalties may apply for failure to comply with these rules.
Amount
SPP 28,540.59
$28,540.59
SPP 33,678.31
$33,678.31
$62,218.90
$62,218.90
Deduction Register Report
Pay Date Range 09/28/24 - 10/11/24
Sort by Employee - Deduction
Pay Batch 2202421
Special Pay Plan BENCOR Special Pay Plan
Deduction Code Deduction Description Separate Check
Employee 1446 - DONNELLY, COLIN E
Employee 1446 - DONNELLY, COLIN E Totals Deductions 1
Employee 1168 - SALGADO, JOSE F
Special Pay Plan BENCOR Special Pay Plan
Employee 1168 - SALGADO, JOSE F Totals Deductions 1
Void column will display voided checks at the time this report is run. The totals will reflect the actual totals at the time the pay batch was posted.
Grand Totals
Run by Yeimy Guzman on 10/18/2024 17:39:24 PM Page 1 of 1