American Funds Record Keeper Direct
American Funds Record Keeper Direct
Integrating American Funds Record Keeper Direct with Paylocity
The American Funds Record Keeper Direct integration with Paylocity provides a 360° data exchange to support efficient retirement plan administration. This integration enables customers to:
- Automatically send employee contributions and loan repayments after each payroll
- Keep employee census data current within the American Funds platform
- Receive ongoing updates for deferral changes and loan activity initiated by employees
- Reduce manual processes and improve data accuracy across systems
- Maintain alignment between payroll and retirement plan records
Paylocity transmits payroll and census data following each payroll run, while American Funds continuously returns updates related to employee deferrals and loan activity.
About American Funds
Capital Group, home of American Funds, provides retirement plan solutions designed specifically for small and midsize businesses. Record Keeper Direct offers a high-quality, cost-effective program that simplifies plan administration and ongoing management. The solution includes access to a broad lineup of American Funds investment options and delivers tailored plan administration support through a third-party administrator (TPA), helping organizations efficiently manage their retirement programs.
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