As the sponsor of a Common Good Plan, you would be responsible for:
- Supporting Common Wealth, the plan provider, with the distribution of plan materials
- Working with Common Wealth to facilitate employee education sessions
- Providing Common Wealth with an up-to-date file of eligible employees, including information to support payroll deduction processing
- Providing Common Wealth with a payroll file that contains member and, if applicable, employer contribution details and remitting contributions to the custodian, Canadian Western Trust