TRA has joined forces with STAX.ai to transform how plan sponsors and TPAs manage 401(k) plans by automating payroll integration and enhancing compliance.
Streamlined Data Integration
Through the partnership, TRA now integrates payroll data from more than 200 providers directly into its platform. STAX.ai automates the collection and formatting of census information each pay cycle, eliminating manual tasks and reducing human error.
Elevating Compliance and Audit Readiness
The combined TRA + STAX.ai solution ensures real-time data validation and audit-ready documentation. Sponsors benefit from fewer compliance lapses, faster processing timelines, and measurable reductions in administrative risk.
Empowering Sponsors and TPAs
By automating the data flow and standardizing payroll contributions and deductions, plan sponsors and TPAs can free internal resources to focus on strategic priorities and participant outcomes. The integration helps deliver secure, efficient retirement benefit administration.
How It Works
- Plan sponsors select from 200+ payroll platforms compatible with STAX.ai.
- Payroll data is automatically pulled and standardized within TRA’s system.
- TRA uses that data to prepare census files, validate accuracy, and log a transparent chain of custody for compliance.
Key Benefits to Plan Sponsors and TPAs
- Saves significant time by removing manual data entry
- Reduces compliance risk with consistent, accurate reporting
- Enhances participant trust through timely and error-free administration
Bottom Line: The TRA and STAX.ai partnership streamlines 401(k) plan administration with intelligent automation, ensuring accurate payroll integration, strengthened compliance, and improved operational efficiency for plan sponsors and advisors. Click here to learn more!