How PayKonnect Connects Payroll and Retirement Data

PayKonnect maintains format specifications for each connected recordkeeper as part of its managed service. When a recordkeeper updates their inbound specification, PayKonnect updates the transformation template — no action required from you. This is one of the primary operational advantages of a managed service vs. self-built integrations.

Generally, no. PayKonnect ingests data in whatever format your payroll system currently produces — CSV exports, XML, flat files, or API output. For 360° API write-back (where PayKonnect sends return data to your payroll system), your payroll platform needs to expose a write API. If it doesn't, PayKonnect uses structured notification workflows instead.

PayKonnect tracks regulatory changes and updates integrations proactively. SECURE 2.0 is the most recent example — PayKonnect updated all integrations with Roth catch-up and super catch-up fields before the January 1, 2026 effective date. You don't track IRS regulatory calendars or coordinate remediation across your client base.

PayKonnect supports all payroll frequencies: weekly, biweekly, semi-monthly, and monthly. The data transfer is triggered on your payroll processing schedule and delivered to the recordkeeper within the agreed SLA window, matching the recordkeeper's expected data cadence.

Yes. Some employers maintain multiple recordkeeper relationships (for different plan types or plan mergers). PayKonnect handles routing to multiple recordkeepers from a single employer data source, applying the correct field mapping for each destination.