Demonstration

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Demonstration
South Carolina Sponsor Connect Process Overview

• Thank you for joining the ING webinar to learn
  how to retrieve the electronic deferral feedback
  report from the ING Sponsor Connect website.
• The webinar will begin momentarily.

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Agenda

• ING Sponsor Connect Web Site
• Deferrals
• Data Transfer Tool
• Demonstration

• Introduction
• ING Sponsor Connect Web Site
• Deferrals
• Data Transfer Tool
• Demonstration

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What is the purpose of this training?

• The South Carolina Deferred Compensation Program
  (SCDCP), is enhancing the process of providing
  updates to your participants contribution
  elections to the SCDCP 401(k) PSP and the SCDCP
  457 DCP.
• The reports that are mailed hard copy to you
  today will be put out to the ING Sponsor Connect
  Data Transfer site for you to pull down to your
  computer.
• An e-mail notification will be sent to you when a
  deferral change report is ready for you to
  download.
• This training will detail the process of how to
  retrieve the electronic deferral feedback report
  from the ING Sponsor Connect website .

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ING Sponsor Connect Web Site

• The ING Sponsor Connect web site is a secure web
  site that employers will use to access the
  applications that they will need to submit
  payroll data to ING, as well as to deliver and
  receive other files and reports.
• Access is permitted only through the use of a
  secure ID and password.
• Data Transfer The Data Transfer tool within
  Sponsor Connect is a web based application that
  is used to deliver files to ING or to download
  files/reports from ING (ieDeferral Rate Feedback
  Report).
• If you already have a user ID and password to
  access the Sponsor Connect web site to submit
  payroll files. You will receive a new and
  expanded ID that allow you to submit payroll file
  and retrieve feedback report.
• All new users will receive a new ID and password
  to retrieve feedback report only.

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ING Sponsor Connect Site
Deferrals

• Deferral Rate Changes
• Deferral rates () will be elected at enrollment
  by the employee on the enrollment form.
• All future changes or cancellations of deferral
  rates are currently processed directly through
  ING (via participant web site, automated phone
  system, or the ING Call Center).
• Employers should not accept any deferral rate
  elections or changes directly from employees.

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Data Transfer

• The Data Transfer tool within Sponsor Connect
  will be used by employers to download the
  Deferral Rate Feedback Report to be used to
  update the employers payroll system.
• The Deferral Rate Feedback Report is the means by
  which ING will communicate to employers all new
  deferral rate elections, changes, or
  cancellations to existing deferral rates that
  participants have initiated on the ING platforms.
  
• ING will upload the Deferral Rate Feedback Report
  to Sponsor Connect base on the current schedule.
  Each report will reflect only the changes for
  each employers own participants.
• Employers will sign onto the Sponsor Connect site
  using a secure ID and password and access the
  Data Transfer tool to download the Deferral Rate
  Feedback Report.
• Once downloaded, the report should be used to
  update the employers payroll system with all
  deferral rate elections, changes, and
  cancellations as soon as administratively
  possible to be effective with the next possible
  payroll period.
• Employees will make all deferral rate updates
  directly through the ING systems.
• It is important that employers do not accept
  deferral rate elections at enrollment or changes
  to existing deferral rates as ING is the system
  of record for deferrals.

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Payroll Process Flow
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Demonstration
Demonstration