Seamless 3(16) Payroll Processing & Compliance

Overview

Managing 3(16) fiduciary responsibilities manually can be time-consuming and error-prone, especially when payroll data must be collected from plan sponsors every pay cycle. Stax.ai automates 3(16) payroll processing by integrating directly with payroll providers, delivering live payroll data for TPAs—eliminating the need for manual submissions. Our To-Do section provides a structured workflow for tracking 3(16) tasks, while the Dashboard offers a high-level view of compliance status. With these tools, TPAs can stay ahead of deadlines, reduce errors, and maintain full oversight of payroll and compliance tasks.

Live Payroll Data, No Manual Uploads

Automatically receive payroll data from connected payroll providers every pay cycle, eliminating manual submissions.

Automated 3(16) Task Tracking

The To-Do section organizes 3(16) tasks, ensuring compliance steps are completed on time.

Real-Time Compliance Monitoring

The Dashboard provides an at-a-glance view of 3(16) task completion and outstanding compliance actions.

Error-Free Payroll Processing

Eliminate payroll formatting issues and missing data by standardizing and validating payroll information automatically.

Audit-Ready Records

Maintain a complete, time-stamped history of payroll and 3(16) activities, ensuring smooth audits and compliance reporting.

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1. Automate Payroll Data Collection

Stax.ai connects directly to 200+ payroll providers, automatically pulling payroll data every pay cycle. Plan sponsors no longer need to manually submit payroll reports, and TPAs receive standardized, validated data in real-time.

Eliminate the risk of missing payroll data, reduce back-and-forth emails, and ensure timely and accurate 3(16) processing.

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2. Track 3(16) Tasks with the To-Do Section

The To-Do section in Stax.ai provides an organized workflow for 3(16) fiduciary responsibilities. TPAs can track tasks like contribution approvals, compliance checks, and payroll reconciliations with automated reminders and progress tracking.

Ensure nothing falls through the cracks—stay on top of every 3(16) task with a clear, structured workflow.

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3. Gain High-Level Insights with the Dashboard

The Dashboard offers a real-time overview of payroll processing and 3(16) compliance tasks. TPAs can instantly see which tasks are pending, completed, or at risk, ensuring proactive management.

Quickly identify compliance risks and act before issues arise, reducing liability and improving efficiency.

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4. Ensure Accuracy & Compliance in Payroll Processing

Stax.ai validates payroll data automatically, flagging missing contributions, incorrect deductions, or inconsistencies before processing. TPAs can review and approve payroll effortlessly.

Minimize errors, ensure compliance with ERISA and DOL regulations, and maintain audit-ready records without manual checks.

Automate your Census Workflow.

Simplify annual census collection through effortless payroll data gathering and automated scrubbing based on plan document provisions.

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