Simplify 401(k) Contributions with Exact Payroll + Pay(k)onnect

Pay(k)onnect is a data integration platform that connects payroll systems directly to retirement plan recordkeepers, automating the transfer of 401(k) contribution and deferral data. Exact Payroll clients can use it to eliminate manual file exports and uploads, connecting to 110+ investment companies and recordkeepers.

180° integration is one-way: contribution data flows automatically from payroll to your recordkeeper after every pay run. 360° integration adds a return flow, so employee-initiated changes, like a deferral percentage update, sync back into payroll automatically too, keeping both systems current without manual re-entry.

Most standard 401(k) plans are eligible. A few plan designs can limit automation, including per-pay-period discretionary employer contributions, multiple pay groups across different payroll systems, or after-tax contribution options administered outside a third-party administrator. Your Exact Payroll representative can confirm eligibility for your specific plan.

Setup is typically completed within days, not weeks, since Pay(k)onnect runs inside the payroll platform you're already using with Exact Payroll. Your representative confirms your plan's eligibility, sets up the connection with your recordkeeper, and there's no new software or separate login for your team to manage.