Accounting Services 

Annual Pension Protection Act (PPA) Notice for the Archdiocese of Saint Paul and Minneapolis 403(b) Plan, which explains a participant’s rights and obligations with respect to automatic investment.

One-time employer match credit to participating employers The SECURE Act 2.0, which was signed into law in December 2022, introduced a series of significant reforms to retirement savings plans, with key provisions impacting both employers and employees. One notable area of change pertains to the forfeiture requirements for qualified retirement plans, specifically related to unvested contributions and how they are handled. This memo provides an overview of the new forfeiture rules under the SECURE Act 2.0, which will come into effect in 2025.

This disclosure is required to be sent to help you understand your retirement plan. Anyone with the right to direct investments in an employer-sponsored retirement plan is being provided with the attached detailed disclosure of fees, expenses and services provided in connection with such plan. This disclosure is updated annually or when certain changes impacting the information provided in this disclosure are made by the plan.

Monday, May 12 Employee 403(b), Roth and KMatch deduction codes will begin to be updated in Paycor though an integration with PenServ. Employers will no longer need to manually update 403(b) and Roth deductions in Paycor.

The Archdiocese of Saint Paul and Minneapolis has partnered with Paycor to complete the required employee tax set up and to initiate the quarterly reporting process for all locations that currently do not participate in MN Unemployment. If you participate in MN Unemployment, you may disregard this notice.

Paycor Data Audit for parishes using Paycor from the APBA and Finance and Administration.

Parish Administrator Guide.