Here, you’ll find a comprehensive list of your plans, including contributions, disbursements, and account statements.
Use TPA Assets to stay organized and efficiently manage all statements received for each account. It’s a powerful yet user-friendly tool built to streamline your trust accounting process.
Overview in progress
Purpose
This chapter provides a comprehensive guide to the TPA Assets section of
Stax.ai | AI Retirement Plan Admin Software for TPAs . You’ll learn how to navigate the investment dashboard, interpret the status report, and manage trust accounting efficiently.
We’ll also cover key features like reconciling and exporting trust accounting sheets, generating automated reports, and leveraging Stax.ai | AI Retirement Plan Admin Software for TPAs ’s powerful tools to streamline your accounting workflow.
Who is this for?
This section is designed for TPA administrators responsible for managing trust accounting, investment reporting, and financial reconciliation within Stax.ai | AI Retirement Plan Admin Software for TPAs . It’s ideal for anyone seeking to streamline plan management, track contributions and disbursements, and efficiently handle account statements.
Navigation & Buttons
PYE Selection
Search
Status Report
Automated Reports
Export to Excel
Previous/Next Page
First/Last Page
Needs Review
Missing
Not expected to Receive
Go to statement
Edit
Investment Dashboard
The landing page provides an overview of current assets and plans. You can easily sort and select plans by type or assignee. For accessing the trust accounting plan summary, this is the most efficient route.
Reviewing Plans
To review your plans, scroll past the charts. Use the 'Filter Plans' button to narrow your search by plan type (Safe Harbor or Cash Balance) or assignee. Additional filters are available to refine your results. You can also use the search bar in the top right to find a specific plan.
Plan Summary
The plan summary page displays the trust accounting summary for the selected plan. From this page, you can edit plan and account information (even for permanently ignored accounts) and export data to your client folders.
Account Summary
The account summary page lets you edit account information, add notes, and perform reconciliation tasks. Here, you can also review and edit extractions and transactions.
Export the Trust Accounting Sheet
To export the trust accounting sheet, please navigate to the Plan Summary page.
Status Report
The status report provides an overview of each account and the statements Stax.ai | AI Retirement Plan Admin Software for TPAs has received. It's a useful tool for tracking uploaded statements and identifying those that may need to be requested from the provider or advisor. This section is especially helpful for plan administrators and individuals uploading documents in the Brokerage Statement Workflow.
Automated Reports in progress
The automated reports section lets you schedule reports to be sent to an email address at a specified time. You can customize reports to aggregate by plan or account, select plan types and filters, and focus on specific transaction types. This feature is especially useful for monthly contribution or distribution reports.
Set up a monthly distribution report
Click on Automated Reports under the search bar and user bubble.
Click on + Create a new schedule.
Enter your report name: Monthly Distribution Report.
Choose to aggregate by plan or account.
Enter the email address where you'd like the report sent.
In the drop-downs, choose the following:
Run every: Month
On the: 1st
At: 12:00 AM MT
For the reporting period: Last Month
Scroll down to Filter by balance or transactions.
Click + Add a filter.
Choose the following options:
Withdrawals
is Less Than
0
This will filter for withdrawal transactions with a negative value (indicating distributions).
Click on Create Schedule
Set up a monthly contribution report
Click on Automated Reports under the search bar and user bubble.
Click on + Create a new schedule.
Enter your report name: Monthly Contribution Report.
Choose to aggregate by plan or account.
Enter the email address where you'd like the report sent.
In the drop-downs, choose the following:
Run every: Month
On the: 1st
At: 12:00 AM MT
For the reporting period: Last Month
Scroll down to Filter by balance or transactions.
Click + Add a filter.
Choose the following options:
Deposits
is Greater Than
0
This will filter for deposit transactions with a positive value (indicating contributions).
Click on Create Schedule