On your sponsor dashboard, you will find a timeline outlining steps in your company’s plan setup. This timeline helps you track progress before your first successful contributions with Guideline.
“Plan Document Signed” is the first milestone, which indicates you have created your plan and selected your desired start date, plan design, and eligibility settings, and that you returned a signed plan document and service agreement.
Next steps for plan setup can be found in the Tasks and Notifications section at the top of your plan sponsor dashboard. If you do not complete these tasks by each specified due date, it may cause a delay in participant enrollment.
While you may see other tasks in your dashboard, only the following are required to start your plan:
Connect your payroll: Let us know which payroll service provider you use. Further steps may apply depending on your payroll provider. Guideline has integrated payroll partners, that provide us access to administer your plan with ease.
Connect your bank account: We'll need your company's bank account information for paying invoices and funding contributions.
Verify your bank account: You may verify your account in 1 step using Plaid or providing us with your account and routing number. Guideline requires verification of your bank account information before your plan begins to ensure your invoice payments, contributions, and billing will be successful.