RELIUS EDUCATION. EGTRRA Pre-approved Plan Workshops. Educational Resources for Employee Benefits Professionals

Transcription

1 RELIUS EDUCATION EGTRRA Pre-approved Plan Workshops Educational Resources for Employee Benefits Professionals

2 Sungard s relius education 1 EGTRRA Pre-approved Plan Workshops Final approval has been received for SunGard s Relius Documents Defined Contribution Prototype and Volume Submitter Plans (Corbel and PPD). Now starts the EGTRRA restatement process. In response to customer requests, we ve scheduled the EGTRRA Pre-approved Plan Workshops in eight cities during November and December The program provides a line-by-line review using the nonstandardized 401(k) Adoption Agreement, as well as a review of the basic plan document. The focus is primarily on the Adoption Agreement, giving background and explanations as to its use, including suggested completion of check-box and blank line options. We address new features and highlight the differences in the Prototype and the prototype formatted Volume Submitter Plan, including those relating to cross-testing and multiple employer plans. In one day, you will get a practical understanding of SunGard s Relius Documents EGTRRA Defined Contribution Prototype and prototype-formatted Volume Submitter documents. Save time and get an early start on the EGTRRA restatement process. Each document (Corbel and PPD) is presented separately in its own full-day session. Not all cities will offer both programs. SPEAKERS HIGHLY RECOMMENDED AS A MUST-ATTEND FOR Corbel Document Session Craig P. Hoffman, J.D., LL.M., APM Robert M. Richter, J.D., LL.M., APM PPD Document Session Stephen W. Forbes, J.D., LL.M. William D. Whitman, J.D., LL.M. For complete speaker bios, visit: The trust officer, TPA, consultant, administrator, or practitioner with plan document responsibility. Legal counsel who uses a pre-approved plan or represents a pre-approved plan sponsor. Anyone who must be familiar with EGTRRA changes to pre-approved plans (even if not using a SunGard plan). Sponsors of pre-approved plans, employees of current pre-approved plan sponsors, or those employers who are considering sponsoring a pre-approved plan. Attorneys, accountants, financial advisors, bankers, consultants, and business development personnel dealing with any aspect of preapproved plans. Seminar Information Delivery Goes Green We are pleased to announce that we are moving from paper to electronic delivery of our seminar and conference announcements. All the information you need from agendas to registration is now available online. ARE YOU SUBSCRIBED? Join us in this effort. Subscribe to our free newsletters for seminars and conferences. It s fast and easy. Subscribe now by visiting us at Register for this program today at P Think before you print

3 Agenda Sungard s relius education 2 8:00 a.m. Registration Check-in/Coffee and Danish 12:00 p.m. Lunch (provided) 8:30 a.m. EGTRRA Restatement Procedure Remedial amendment period deadline; determination letter procedure; standardized and nonstandardized/volume submitter plan reliance; limits on what we can put in an EGTRRA plan and what needs to be handled by tack-on amendments (PPA, 415, 402(g)); timing of tackon amendments and relationship to EGTRRA restatement; wins and losses in IRS review process; other important procedural issues. Review of Nonstandardized 401(k) Adoption Agreement and Basic Plan Miscellaneous Information: Organization of documents; effective date; merging plans; trustee flavors; separate approved trust; allocation compensation (including postseverance compensation); elective service crediting; hours of service or other service crediting methods; contribution types. Eligibility: Excluded employees; age and service conditions; early and split eligibility; dual eligibility; entry dates; break-in-service. Contributions: Elective deferrals (pre-tax, catch-up, and Roth); automatic deferrals; matching; QMACs and QNECs; nonelective contributions; prevailing wage contributions; cross-testing (volume submitter vs. prototype), age-based and other allocation methods; safe harbor plans (maybe notice and early deferral provisions); allocation conditions and waivers; forfeiture allocation; employee contributions. 12:45 p.m. Review of Adoption Agreement and Basic Plan (continued) Testing Elections: What needs to be recorded in plan and what remains operational; deadlines to make elections. Vesting: Normal and early retirement ages; vesting schedules; break-in-service. Distributions: Elections regarding cashout ($1,000 vs. $5,000); automatic rollover; severance vs. in-service distributions; required minimum distributions and beneficiary elections; joint & survivor and non-joint & survivor plans; loans; rollovers. Earnings and Trust Valuation. Participating Employers: Related and unrelated; volume submitter for multiple employer plans. Special Effective Dates and Basic Plan Overrides: The death and re-birth of the addendum in an easy-to-use form; trust amendments without replacement. Administrative Checklist: Better plan administration and document preparation. Plan Amendment: Methods and pitfalls. Key Provisions in the Basic Plan. 4:00 p.m. Adjournment

4 DATES AND LOCATIONS** Sungard s relius education 3 Corbel and PPD Documents KANSAS CITY December 3 Embassy Suites Hotel Kansas City Plaza 220 W. 43 rd Street, Kansas City, MO Contact: Jenny Harris Minneapolis December 4 Embassy Suites Minneapolis Airport th Avenue South, Bloomington, MN Corbel Document Only Cleveland November 19 Holiday Inn Cleveland South Independence 6001 Rockside Road, Independence, OH Reservations: ext. 298 Detroit November 20 Radisson Hotel & Conference Center Detroit-Livonia North Laurel Park Drive, Livonia, MI Charlotte December 10 Sheraton Charlotte Airport Hotel 3315 Scott Futrell Drive, Charlotte, NC Reservations: San Francisco December 10 Embassy Suites Hotel At the Pleasant Hill BART Station 1345 Treat Blvd., Walnut Creek, CA Philadelphia December 11 Hilton Philadelphia Airport* 4509 Island Avenue, Philadelphia, PA PPD Document Only Des Moines December 2 Banker s Trust Company* Ruan Center, 33 rd Floor th Street, Des Moines, IA For information: , ext Orlando December 9 Embassy Suites Hotel Orlando-International Drive South 8978 International Drive, Orlando, FL ** Dates are subject to change. Please visit our Web site to confirm that dates have been finalized before making travel arrangements. ACCOMMODATIONS Hotels may reserve a limited number of accommodations for seminar registrants until four weeks prior to the program. Hotels and locations without a room block are indicated by (*). Registrants needing overnight accommodations must make room reservations directly with the hotel unless specified otherwise. Be sure to mention the SunGard program to obtain the group rate, if available. For other accommodations in the vicinity, please contact the host hotel guest services desk or your travel agent.

5 Rave reviews Sungard s relius education 4 Robert (Richter) is very clear and informative regarding the plan document features. Excellent job! Consultant, North Carolina Excellent presentation. Extremely knowledgeable presenter (Bill Whitman). Third Party Administrator, California Comprehensive document review. Good answers to questions. Third Party Administrator, Wisconsin I have yet to attend a SunGard program that did not help! This clarified some new rules and their application with respect to documents, filing rules, etc. Third Party Administrator, Florida This program is a must before starting the restatement process. Third Party Administrator, California Excellent reference materials. Third Party Administrator, New York Continuing Professional Education EGTRRA Pre-approved Plan Workshops 7.5 hours CPE credit* based on a 50-minute credit hour 6.0 hours CE/CLE credit* based on a 60-minute credit hour * actual credit hours granted may vary. Final decision rests with the governing body. There are no prerequisites or other advance preparation for this intermediate to advanced level course. However, the course assumes an attendee s basic understanding of pre-approved plan documents. SunGard s pension seminars and conferences generally are accepted by most professional organizations for continuing professional education credit, including the Joint Board for the Enrollment of Actuaries, ASPPA, NIPA, IRS Enrolled Agents Program, CFP, the ICB (for CRSP and CFTA), state bar associations, CPA boards, InFRE, HRCI for SHRM professionals, and PACE. Generally, programs will be submitted for CLE credit in the states where they are being conducted. Credit must be requested at least six weeks prior to the program and is subject to approval by the appropriate jurisdiction. Attendees will bear CE approval fees in those jurisdictions imposing per attendee fees. Because of the administrative requirements of state insurance accrediting agencies, we will not be able to obtain CE approval for insurance professionals. SunGard is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN Web site: For information about Continuing Education, call , Ext More Programs from SunGard s Relius Education IN (k) Plan Workshop Form 5500 Workshop Fundamentals of 401(k) and Other Qualified Plans 401(k) Plans: Beyond the Basics ERISA Workshop Web seminars year round Advanced Pension Conference Orlando February 9-11, 2009 For information about all of SunGard Relius educational programs, go to

6 EGTRRA Pre-approved Plan Workshops Registration Sungard s relius education 5 Early Fee $370 Standard Fee $395 (payment received at least 21 days prior to program date) (payment received less than 21 days prior to program date) THREE WAYS to REGISTER TODAY! Â Online: Select Seminars Fastest way to register! Ê Fax: SunGard, ATTN: Order Processing-Accounting, Mail: SunGard, ATTN: Order Processing-Accounting, (24 hours a day) P.O. Box 47470, Jacksonville, FL Note: Online registration will not be accessible within three (3) business days of program date. Volume Registration Discounts are available for 4 or more registrants from the same firm attending the same program and location. For more information, send an to webtechsem@relius.net or call , Ext The registration fee includes all seminar materials and food and beverage as stated in program agenda. The registration fee does not include other meals, lodging, transportation, or parking. Registrations are confirmed by . Please note: While walk-in registrations are accepted, be sure to call before the program to confirm that space and course materials are available. Recording of the program is NOT permitted. If you have questions or require special assistance, send an to webtechsem@relius.net. Registration Form (Please copy as needed to register additional persons.) I wish to attend q Corbel Document Session (01) q PPD Document Session (02). (Note: Not all cities offer both documents.) City: Date: Payment Method (Check or credit card information must accompany this form.) Seminar Discount Code (if any) q Enclosed is check payable to SunGard Corbel LLC. q Please charge: q MasterCard q VISA q American Express CT Residents Add Applicable Sales Tax Total Due $ $ $ $ $ / Card Number Exp. Date Cardholder s Name Authorizing Signature Registrant Information q Please check if new address, phone, or fax. (please print or type) Code from mailing label (if any) q Mr. q Ms. Client Acct. # Full Name Name for Badge Profession Firm Name Shipping Address (Do not use P.O. Box Number) City State Zip Phone # Fax # Web Site Cancellation/Transfer Policy All requests must be in writing. Full refund of program registration fee, less a $75 administrative fee will be made for cancellations received at least 10 business days prior to the program. No refund for cancellations received later than 10 business days prior to the program. Transfer requests (within the same program only) must be received at least 10 days prior to program date, and will result in an automatic $25 administrative fee. Substitutions may be allowed with at least five business days advance notice. Seminar requests, questions, or concerns may be faxed to SunGard, Attn: Order Processing Accounting, , or ed to webtechsem@relius.net SunGard. Trademark Information: SunGard, the SunGard logo, and Relius are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. WebBro