PLAN ANALYSIS SERVER SYSTEM AND METHOD

摘要

Some embodiments include a plan analysis server system with a computing device that couples to a back-end database server including current plan data, and calculates an eligible employee total by counting the number of employees records in the current plan data. The operations also include totaling a plan asset size by summing account balances for all eligible employees, determining employees with non-zero deferral from the current plan data, and calculating a current participation rate by calculating the percentage of eligible employees with non-zero deferral. The current plan is displayed in a primary window as selected by the user from user input. The processor optionally processes a scenario display utilizing the eligible employee data and administrator input. The at least one scenario display is displayed as one or more layers on the current plan data and displayed in the primary window as selected by the user from the user input.

主权项

1. An plan analysis server system comprising:
at least one computing device comprising at least one processor; a non-transitory computer readable medium, having stored thereon, instructions that when executed by the at least one computing device, cause the at least one computing device to perform operations comprising: coupling to a back-end database server comprising current plan data; calculating an eligible employee total by counting the number of employees records in the current plan data; totaling a plan asset size by summing account balances for all eligible employees; determining employees with non-zero deferral from the current plan data, calculating a current participation rate by calculating the percentage of eligible employees with non-zero deferral; processing and displaying at least one current plan utilizing eligible employee data and administrator input, the at least one current plan displayed in a primary window as selected by the user from user input, the display optionally including at least one of an average account balance, a current participation rate, an average deferral percentage, and an average matching percentage, wherein the at least one processor calculates the average account balance by dividing the total number of eligible employees by the current participation rate, and wherein the at least one processor calculates the average deferral percentage by accessing the plan records of all eligible employees and calculating the average percentage of income that employees in the current plan are deferring by summing the deferrals of all eligible employees and dividing by the total number of eligible employees, and wherein the at least one processor calculates the average matching percentage by base on one or more tier match percentages and tier limits; and optionally processing at least one scenario display utilizing the eligible employee data and administrator input, the at least one scenario display being displayed as one or more layers on the current plan data and displayed in the primary window as selected by the user from the user input, the scenario display optionally including at least one of the average account balance, the current participation rate, the average deferral percentage, and the average matching percentage, wherein the average account balance, the current participation rate, the average deferral percentage, and the average matching percentage can deviate from the current plan based on user input.