Create Plan Type

You need to create a savings plan type before you create the 401(k) plan. Even though you might already have other savings plan types defined, we recommend that you create a separate one for your 401k plans. One reason is for better reporting, and the other, for setting up a waive plan.

1. Click Navigator > Benefits Administration > Plan Configuration.
2. On the Tasks panel, click Plan Types.
3. Create a plan type, making sure you provide values for these fields:

   Field	Value
   Option Type	Savings
   Self-Service Grouping	Savings

4. Save your changes.