I am new to this module in Sage and am looking for some basic direction please.

What does the Pension/Profit sharing check box field do?  Does it apply to W2's?

There are currently no options set up in our system in the Labor Code Field. I believe this is more a tool for ease of reporting.  As a small company, how critical is this?

Is a Benefit Code required for everyone?  PTO and Vacation are the current options and we only use one of those.

Is an EIC Code a required entry for everyone?  We use a different section to enter filing status for tax withholding

Is it necessary to check the W2 and 1095 Electronic consent signature boxes?

Thank you for any clarification you can provide.