Advanced Query Description
Through the Illinois Secure Choice Savings Program Act, the state of Illinois requires that employers with 25 or more employees offer a retirement savings program to their employees.
Illinois Secure Choice is a retirement savings program for employers who do not already offer a plan. The program is not intended to replace qualified plans that employers already offer.
This AQ, which mirrors the structure of the official Illinois Secure Choice reporting template, is used to capture how much money each employee contributes to their retirement savings fund.
Parameters
|
Parameter Name |
Options |
Explanation |
| Branch | All, selected branch locations | The supplier branches to include employees in the report. |
| Start Date | Calendar date | The beginning date of employment defining which employees are included in the report. |
| End Date | Calendar date | The end date of employment defining which employees are included in the report. |
| Date Type | Accounting Period Date, Check Date | The date on which the employee contributes to the savings fund |
| Deduction Type | 401k, Advance Pay Back, etc. | A selection of deduction types deducted from a paycheck. |
Report Fields
|
Field Name |
Explanation |
| Last Name | The employee's last name. |
| First Name | The employee's first name. |
| SSN/ITIN | The employee's social security number or ITIN (Individual Taxpayer Identification Number) |
| Contribution Amount | The amount the employee contributes to their retirement savings fund. |
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