Set up benefit group plans
Benefit group plans are the benefit plans that are associated with each benefit group. After benefit group plans are set up, you can assign benefit groups to HR positions. Also, you can assign the benefit plans from a benefit group to an employee.
To add benefit group plans to a benefit group
Choose
, enter benefit groups, and then choose the related link.
The Benefit Groups page opens.
Select the benefit group for which you want to set up benefit group plans, and then on the action bar, choose Benefit Plans.
The Benefit Group Plans page opens.
On the action bar, choose New.
A new row appears.
In Benefit Plan Code, specify the code that represents the benefit plan that you want to belong to the benefit group.
In Default Amount Formula - EE, specify whether the default value is fixed amount or a percentage of gross wages for employee deduction calculations for this benefit plan.
In Default Amount Percent / EE, specify the default value of the fixed amount or percentage of gross wages that Sparkrock is to use to calculate employee deductions for this benefit plan.
In Default Amount Formula - ER, specify whether the default value is fixed amount or a percentage of gross wages for to employer contributions calculations for this benefit plan.
In Default Amount Percent - ER, specify the default value of the fixed amount or percentage of gross wages that Sparkrock is to use to calculate employer contributions for this benefit plan.
In Eligibility Date Calculation, specify the code that represents the date formula that is to be used for the benefit eligibility date calculation.
Related information
Set up benefits management
Set up benefit groups
Assign benefit groups to HR positions
Assign benefit plans from a benefit group to an employee
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