With Paychex as your payroll provider, managing your CalSavers account is simple.

Offering a retirement plan to your employees is a great way to engage and retain them. If your business is using the State of California retirement plan through CalSavers, you’re required to report employee plan contributions along with any employee changes. Having to do manual reporting every pay period is time-consuming and can reduce your ability to focus on important strategic efforts for your organization. The risk of errors and duplicate work can also add up.

When you switch to Paychex as your payroll and HR provider, we take the burden off of you and your administrators by automating reporting through our integration with the CalSavers platform and Paychex Flex®.

Within seconds, Paychex can provide accurate and timely reporting that meets CalSavers requirements. On behalf of your business, we will:

  • Send contribution information for each employee enrolled, each pay period
  • Share all required employee-based activity such as new hires and terminations
  • Set up contribution amounts in payroll

Consider Paychex for Your Future Retirement Solutions

When choosing Paychex, you also gain access to additional retirement options so you can offer a more robust plan to employees in the future. And, you may be eligible for tax credits from the SECURE Act, which can add up to $16,500 over 3 years (depending on eligibility and adding auto enrollment).

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Paychex is the only leading payroll provider to offer this convenient service with your state. Complete this form to be contacted by Paychex to start saving time, today.

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Which Future 401(k) Plan Fits Your Business Better - A Pooled Employer Plan (PEP) or a Traditional 401(k) Plan?

Compare the highlights and features of a PEP vs. a traditional 401(k) plan. Both are excellent options for you and your employees to save for retirement and save on taxes. A traditional 401(k) with your choice of additional services gives you more control, but it can be costlier and entail more work on your part. In a PEP, the Pooled Plan Provider (P3) is the plan administrator, so you have less control but also reduced cost and liability.


PEP or Traditional 401(k)

Pooled Employer Plan

Less Work and Lower Cost

Traditional 401(k)

More Control

Compare Options


Reduced administrative costs.
Economies of scale.

Potentially higher administration costs than a PEP.


The Pooled Plan Provider (P3) significantly reduces plan set-up responsibilities, including contracting with vendors and the investment manager.

As plan sponsor, the employer is involved in set-up such as plan design, choosing investments, and coordinating with vendors.


The P3 is the Plan Sponsor and relieves the employer of significant fiduciary liability.

The employer has more control but also more fiduciary risk.


The P3 assumes responsibility for audits, potentially saving employers $10,000-$20,000.

The employer of a large plan must oversee and pay for costly audits.


May be eligible for up to $15,000 in tax credits over 3 years for new plans.

May be eligible for up to $15,000 in tax credits over 3 years for new plans.

We’ll do the hard work of switching payroll companies

Changing payroll companies can be a hassle — but when you switch to Paychex, it’s our pleasure. We have the know-how and experience to take care of everything involved with switching payroll companies, from working with you to collect the necessary paperwork to balancing your year-to-date payroll data.

We can even get you up and running in as little as 48 hours after signing up. Simply provide some necessary paperwork and info (federal ID number, employee bank accounts, etc.) and, as your new payroll provider, we’ll take care of setting up your account. To make things go even faster, we’re often able to help you pull your data directly from your previous payroll company's system.

Dedicated help every step of the way

Throughout the onboarding process you'll have a one-to-one service experience:

  • Sales representative will help you gather the necessary information.
  • Implementation specialist will audit back to the beginning of the year and process your first few payrolls for you.
  • Designated payroll specialist, who will be your one point of contact once you're fully onboarded, is 100 percent accountable to make sure you're taken care of.