Repayerment makes it easy to administer your student loan payment retirement contribution benefit program:
Connect
With our direct integration to every student loan servicer, your employees can easily link their accounts in our secure online portal.
Verify
After your employees connect their student loans, we automatically verify their payments in real-time. This payment data is readily available for review and download in your administrator portal.
Take Action
Custom calculations are applied to monthly student loan payments to determine your organization’s matching contribution amount. Contribution calculations are determined by your benefit plan rules and IRS maximums. Data files are made available in your specified format for loading into your HRIS/Payroll system, or sent directly to your retirement program vendor via sFTP.
Analyze
Repayerment provides the actionable data you need to gauge the benefit’s performance, make improvements, and spot issues. Your company administrators also have access to a library of pre-made reports as well as a high-level KPI dashboard.
