You must be using the Benefits Integration component with U.S. Payroll to perform this test. Payroll results must be available in the system for your selected test population. Also, all Benefits plan data must have been maintained in the Benefits component.

To run this report, you have to carry out the following steps using two separate screens:

• Start the program and enter benefit plan information
• Specify features for identifying active/deceased/highly compensated participants (needed for items 7 and 21 of ERISA form 5500)

The information below describes how to make these selections, and run the ERISA 5500 test program.

1. Select System-> Services-> Reporting.
2. Enter program RPSBENU2.
3. Execute the program.
4. In the first section of the screen (Plan information), select the benefit area, benefit plan, and type of plan.
5. In the second section of the screen (Date selection), enter the plan year begin and end dates for the plan you are testing.
6. Continue making selections by choosing Items 7, 21.

1. In the first section of the screen (Information related to Item 7), specify the features you wish to use for the following tasks:

· Define active participants (default feature ACTIV)

· Define deceased participants (default feature DECEA)

· Define terminated participants (default feature TERMI)

2. Also in the first section of the screen, you can enter wage types to identify retired or separated participants receiving benefits. Enter any relevant wage types in this field.
3. In the second section of the screen (Information related to Item 21), specify the method for identifying Highly Compensated Employees to be used in the ERISA 5500 test. You can enter the minimum annual taxable compensation and select one of the following two methods for identifying HCEs:

• 5% Company Owner Or Compensation Exceed Limit Entered Above
• Top 20% Employees Whose Compensation Exceed Above Limit Plus 5% Owner

Once you have completed making selections on the three selection screens, choose Execute to run the report.

The report outputs data in a format, which allows results to be easily transferred to the corresponding sections of the ERISA 5500 form. You can save the output to a file, or print it.