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Contribution Remittance

Whether you have just adopted a plan, enrolled an employee, or are new to your role, this page will provide you with the necessary information to fund contributions to a defined contribution plan.

Institutions that have adopted a plan remit employer and employee contributions electronically to Fidelity, the record keeper for our defined contribution plans, The Episcopal Church Lay Employees’ Defined-Contribution Retirement Plans (Lay DC Plans) and The Episcopal Church Retirement Savings Plan (RSVP), through one of two systems:

  • Fidelity Simplified Contribution Platform (SCP)
  • Fidelity Plan Sponsor WebStation (PSW)

If you are not sure which system your institution uses please contact the Fidelity service team by phone at (800) 868-1023 or e-mail scphelp@fmr.com.

Skip to remittance FAQs.

Contribution Transmittal Form

If you are still using a paper Contribution Transmittal Form please migrate to SCP now. Fidelity will no longer accept the Contribution Transmittal Form after 12/31/2018. See Fidelity Introduces SCP for more information.

Fidelity Simplified Contribution Platform (SCP)

New User Access

Fidelity will create an account using the provided contact information and will then send you an email with your temporary password and instructions on how to complete the account set up. If you are a new user at an institution with an existing SCP account, your user account will be linked to the account history for your institution.

Remitting Contributions

To begin remitting contributions go to the Simplified Contribution Platform and login.

When you log in, the system automatically opens to the My Contribution Request page and displays your new or saved requests that are ready for processing.

  • The request populates with your prior participant contribution information
  • Eligible participants can be added to the request, if applicable
  • Confirm participant and funding amounts, and all request details before submitting

Fidelity SCP Resources

Fidelity Plan Sponsor WebStation (PSW)

New User Access

Submit the Fidelity New User Request Form to Client Services via:

  • Email: admin-assist@cpg.org
  • Fax: (877) 432-9274
  • Mail: The Church Pension Fund
    Attn: Client Services
    19 East 34th Street
    New York, NY 10016

Once your request is approved, you will receive an email with your PSW login credentials.

Remitting Contributions

To begin remitting contributions, go to Plan Sponsor WebStation and login.

Important! Please use only the valid contribution source codes listed below when manually entering contribution data:

Lay DC Codes:
01 – Employee Pre Tax
02 – Employee After Tax
08 – Employee Pre Tax Catch-up
11 – Employer Base
12 – Employer Match

RSVP Codes:
01 – Employee Pre Tax
03 – Employee After Tax
02 – Employer Discretionary Funds
04 – Employee Pre Tax Catch-up

PSW Resources

 FAQs

Contribution Deadlines

The IRS requires that employee contributions be sent within a reasonable period of time after they are withheld from an employee’s pay. (Depending on how your institution handles payroll, a reasonable period of time may be up to 15 business days following the month in which the contributions are withheld.) Employer contributions are typically sent at the same time.

If contributions are not sent in a timely manner, your institution will be responsible for making up any investment gains that the employees would have earned on those contributions had they been remitted on time. Request a gain/loss calculation if your institution has been delinquent for more than 30 days:

  1. Submit the request in writing and itemize out the following information:
    • Date the contribution should have been facilitated
    • Scheduled employee contribution (weekly, monthly, etc.)
    • Scheduled employer contribution (weekly, monthly, etc.)
  2. Send your request to Client Services via:
    • Email: admin-assist@cpg.org
    • Fax: (877) 432-9274
    • Mail: The Church Pension Fund
      Attn: Client Services
      19 East 34th Street
      New York, NY 10016
  3. Once the gain/loss is completed, your institution is required to submit contributions within 3-5 business days

Making up a Missed Payment

You can make up payments one of two ways:

  1. Submit a separate payment for the missed contribution (recommended), or
  2. Combine the current amount and missed amount in the same contribution file (but then remember to change the contribution amounts in PSW for the next payment)

Note: Please refer to the Contribution Deadlines above to determine if a gain/loss analysis is required.

Adding a Participant

Note: Before adding a new participant, please ensure you have adopted the plan. To learn more about the adoption process call Client Services at (855) 215-5990 Monday – Friday, 8:30AM – 8:00PM, excluding holidays, or reference the Employers’ Guide: Retirement Savings Plan (RSVP) & Lay DC Plan.

To add a new participant:

  1. Access the Employee Roster to enroll participants. For your institution’s records, please be sure to retain documents signed by your employees authorizing payroll deductions. If you do not have access to the Employee Roster, you may submit an Employee Application for Membership Form.
    • The effective date will be the first of the month after all enrollment information is received by CPG
  2. Fidelity will send an enrollment confirmation letter to the employee with resources and tools to get started
  3. CPG will send you an enrollment confirmation letter

Note: After the enrollment has been processed, the employee will appear in SCP or PSW.

Reporting a Compensation Change

Please update compensation through the Employee Roster, or you may submit an Employment Change Form.

Terminating a Participant

To terminate a participant’s enrollment in a plan (inactive, termination (of employment), retirement, disability, death):

  • Change the employee's status through the Employee Roster, or you may submit an Employment Change Form
  • Employers must complete the step above in order to have an employee removed from SCP or PSW

Correcting a Contribution Mistake

Please submit a letter indicating an overpayment on a participant’s account (Mistake of Fact) or a correction to contribution postings (Letter of Direction). The request must include the following information:

  1. Date the error occurred
  2. Dollar amount
  3. Participant’s name and last 4 digits of the Social Security number
  4. If the request submitted pertains to a correction to contribution postings, provide a detailed explanation of how the payments should have been posted

Send your request to Client Services via:

  • Email: admin-assist@cpg.org
  • Fax: (877) 432-9274
  • Mail: The Church Pension Fund
    Attn: Client Services
    19 East 34th Street
    New York, NY 10016

Note: Requests are generally processed within 10 business days from the day of receipt.

How To Change Employee Contribution Amounts

An employee can change the amount of his or her contribution in one of two ways:

  • Log on to his or her individual account via the Fidelity website
  • Call Fidelity at (877) 208-0092

Note: Employees should also notify the employer of any deferral changes after they notify Fidelity

How To Change Billing Frequency

This is a self-billing system. As the employer, you can control the frequency of submitting contributions to Fidelity and can change your billing frequency at will and without notification as long as it is within IRS guidelines.

How To Change Employer Base and Match Contributions

To change the base and match contributions, an employer must complete an amended Defined Contribution Plan Adoption Agreement or RSVP Adoption Agreement. Approval of your changes will be subject to plan guidelines.

 

Pensions Disclaimer

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Need Help?

Call Client Services for assistance
(855) 215-5990
Monday – Friday
8:30AM – 8:00PM ET
(excluding holidays)

Fax Number
(877) 4-FAX-CPG
(877) 432-9274

Looking for more information, see At-A-Glance Contact List

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