RELIUS EDUCATION. Advanced Pension Conference February 9-11, 2009 Orlando, Florida

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1 RELIUS EDUCATION Advanced Pension Conference February 9-11, 2009 Orlando, Florida

2 Sungard s relius education 2 HIGHLIGHTS Dear Pension Professional: The only constants in the pension world are change and complexity. As a new president and Congress take office, it is safe to assume that further legislative and regulatory changes affecting retirement plans will be forthcoming. At the top of the list is the issue of fees and expenses charged to 401(k) plans. Final DOL regulations, which are expected at any moment, will require most service providers to completely rewrite their engagement contracts. In addition, Congressman (and Committee Chair) George Miller is expected to hold hearings in this area, and on the topic of how the financial crisis has impacted the private retirement system. Concurrently, EGTRRA updating of pre-approved defined contribution plans is in full swing, keeping practitioners and plan sponsors extremely busy. All the while, IRS and DOL audit activities continue unabated, with new priorities and techniques. There is much to learn, and no better way to get caught up, than by attending SunGard s Relius Education Advanced Pension Conference in Orlando, Florida. Stephen Forbes, author of The 5500 Filing Guide, will give us the latest word on the EFAST filing system. Derrin Watson returns as host of Pension Jeopardy, where you watch and learn as our speakers struggle to come up with the correct answer. Virginia Sutton brings us a wealth of knowledge on 401(k) fees and the latest investment trends. Tom Finnegan will update us on PPA 06 funding issues. We conclude on Wednesday with our highest rated, most popular session, Ask the Experts. Get your tough questions answered by our nationally acclaimed panel of speakers in a two-hour open forum. Stay on top of the latest developments (and have a little fun as well) by attending the SunGard Advanced Pension Conference. Sincerely, Craig P. Hoffman vice president and general counsel, SunGard Relius P.S. The early registration deadline is January 9. A multiple attendee discount is also available so bring your co-workers! This year, we return to Disney s Contemporary Resort, adjacent to the Magic Kingdom Park and located on the fabled monorail line. Once again, we have gathered the nation s leading experts to share their knowledge and experience. We are pleased to have the last three winners of the coveted ASPPA Educator of the Year Award joining us. We have added more concurrent sessions and expanded their length to give you the opportunity to explore those subjects most important to you. Topics to be covered include: Fee and Expense Issues in 401(k) Plans EGTRRA Updating A Work in Progress 403(b) Plans What to Do About the Final Regulations Engagement Contracts After the Final DOL Regulations New Participant Disclosure Requirements Are You Ready? Hardship Headaches and Other In-Service Distribution Options EPCRS and the Changes Made by Rev. Proc SPONSORSHIP Sponsorships may still be available. For details, call Anne Dionne, , Ext

3 Sungard s relius education 3 AGENDA Monday, February 9 8:00-8:30 Registration and Continental Breakfast 8:30-8:45 Welcome and Announcements Hoffman 8:45-10:25 Keeping Current New Developments and Court Cases Ferenczy and Watson Join Ilene and Derrin for an entertaining opening session that will highlight the latest guidance from the IRS, DOL, and PBGC. Emphasis will be given to areas not covered elsewhere in the program. Recent court cases, legislation and the PPA 06 technical corrections bill will also be discussed. 10:25-10:45 Refreshment Break 10:45-12:00 New Participant Disclosure Requirements Are You Ready? Hoffman, Sutton - Mandatory Participant Disclosure of Plan Fees and Expenses - Impact on Benefit Statements - Proposed IRS Regulations on Cash-Out Notices - IRS Revisions to the Model 402(f) Notice 12:00-1:15 Hosted Lunch 1:15-3:55 CONCURRENT SESSIONS Group I sessions are 75 minutes each. Group II sessions are 60 minutes each. Sign up on the Registration Form to attend two topics from Group I and one from Group II. 3:55-4:15 Refreshment Break GROUP I: 1:15-2:30 and repeated 2:40-3: Advanced Plan Designs Forbes - Triple-Stacked Match Safe Harbor 401(k) Plan - Safe Harbor 401(k) Cross-Tested Plan - Cross-Tested Plan (Each Participant in His/Her Own Classification) - DB/DC Combination Plan - Part-Time Employee Exclusion (Solving the Top Heavy Issue) 02. Hardship Headaches and Other In-Service Distribution Options Hoffman - How to Handle and Document Hardship Withdrawals - Other Distribution Options and When Do They Make Sense - Working with Restricted Account Balances - The Impact of Participant Loans 03. Engagement Contracts After the Final DOL Regulations Ferenczy - Essential Elements of Every Contract - Required Fee Disclosures under Final DOL Regulations - Avoiding Fiduciary Status Through Careful Drafting - Prohibited Transaction Concerns SPEAKERS CRAIG P. HOFFMAN, J.D., LL.M., APM program chairman and moderator vice president and general counsel SunGard Relius Jacksonville, FL ILENE H. FERENCZY, J.D., CPC, APA The Law Offices of Ilene H. Ferenczy, LLC Atlanta, GA Recipient of 2007 ASPPA Educator s Award THOMAS J. FINNEGAN, CPC, QPA, FCA The Savitz Organization, Inc. Philadelphia, PA Recipient of 2008 ASPPA Educator s Award STEPHEN W. FORBES, J.D., LL.M. vice president SunGard Relius Denver, CO ROBERT M. RICHTER, J.D., LL.M., APM vice president SunGard Relius Jacksonville, FL VIRGINIA K. SUTTON, QKA VKS Consulting Belmont, CA S. DERRIN WATSON, J.D., APM SunGard Relius Goleta, CA Recipient of 2006 ASPPA Educator s Award

4 Sungard s relius education 4 GROUP II - Part 1: 4:15-5:15 and repeated on Tuesday morning. 04. The ABCs of 401(k) Fees Sutton - Understanding the Lingo of Fees - Common Types of Indirect Compensation - How to Look for Hidden Charges - Is Bench-Marking Possible? 05. PPA Funding Issues (Part 1) Finnegan - Making Sense of the IRS Regulations - Applying the Yield Curve - AFTAP and Deduction Calculations - Transitional Concerns 5:15 Cocktail Reception Tuesday, February (b) Plans What to Do About the Final Regulations Forbes - Potential Problems with Plan Terminations - How to Handle Transfers and Exchanges - ERISA (Title I) Exemption Who Qualifies - What Does the Written Plan Rule Require? - Universal Availability Issues 07. ERPA Is the New IRS Designation for You? Richter - What Is an ERPA and Why You Should Care - The Benefits and Detriments of Being an ERPA - Qualification and Testing Requirements - For Whom Does the Designation Make Sense? 8:00-8:30 Continental Breakfast 8:30-12:25 CONCURRENT SESSIONS Group II, sessions are 60 minutes each. Group III, sessions are 75 minutes each. Sign up on the Registration Form to attend one topic from Group II and two from Group III. GROUP II - Part 2: 8:30-9: The ABCs of 401(k) Fees Sutton - Understanding the Lingo of Fees - Common Types of Indirect Compensation - How to Look for Hidden Charges - Is Bench-Marking Possible? 05. PPA Funding Issues (Part 2) Finnegan - Making Sense of the IRS Regulations - Applying the Yield Curve - AFTAP and Deduction Calculations - Transitional Concerns Recently, I was eating lunch with several pension practitioners at one of our one-day seminars. The conversation turned to discussing which annual conference they planned to attend for the coming year. We discussed the benefits and detriments of the various conferences and came to the conclusion that the conference which provides the best learning experience is SunGard s Relius Education Advanced Pension Conference. Attendees are actually encouraged to interact with the instructors and to ask follow-up questions. One practitioner also mentioned that the sessions at the Advanced Pension Conference were well organized and the take away materials were the best. The two conference locations also provide a wonderful setting for a conference. Orlando in February is the perfect break to brighten up the winter. Chicago in September provides you with a wonderful opportunity to enjoy one of the most beautiful downtowns in the country. So, for your money, the Advanced Pension Conference provides exactly what a conference needs a great educational experience in a wonderful setting. Stephen W. Forbes

5 Sungard s relius education 5 9:30-9:50 Refreshment Break (b) Plans What to Do About the Final Regulations Forbes - Potential Problems with Plan Terminations - How to Handle Transfers and Exchanges - ERISA (Title I) Exemption Who Qualifies - What Does the Written Plan Rule Require - Universal Availability Issues 07. ERPA Is the New IRS Designation for You? Richter - What Is an ERPA and Why You Should Care - The Benefits and Detriments of Being an ERPA - Qualification and Testing Requirements - For Whom Does the Designation Make Sense? GROUP III: 9:50-11:05 and repeated 11:15-12: Plan Designs That Favor Older Workers Finnegan - What to Consider in Plan Demographics - Cross-Tested Defined Contribution Plans - Defined Benefit Designs - Cost Considerations Update Forbes - What s New This Filing Season - PPA 06 Changes that Apply Today - Getting Ready for Electronic Filing (EFAST 2) - Simplified Reporting for Small Employers - New 403(b) Plan Requirements PROGRAM 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 conference registrations is now available online. Register for this conference today at listconferences.asp. 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 P Think before you print 10. EGTRRA Updating A Work in Progress Richter - Overview of EGTRRA Updating and Progress to Date - Interaction of Restatement and Interim Amendment Deadlines - Wins (and Losses) in the IRS Approved Prototype Plan - Determination Letter Issues 11. How to Handle IRS and DOL Audits Ferenczy - Recent DOL and IRS Audit Activities - Pre-Audit Preparations and Corrections - Abusive Tax Shelter Issues - Negotiating Strategies That Work! 12:30-1:40 Hosted Lunch 1:40-1:45 Announcements Hoffman 1:45-3:15 Fee and Expense Issues in 401(k) Plans Ferenczy, Hoffman, and Sutton - Why 401(k) Fees is a Hot Topic - Schedule C Reporting of Indirect Compensation - Avoiding Prohibited Transactions Under ERISA 408(b)(2) - Proposed Legislation and Its Prospects for Passage 3:15-3:35 Refreshment Break

6 Sungard s relius education 6 3:35-4:50 Pension Jeopardy Panel Join Derrin Watson as he hosts our version of the popular game show. Topical questions will test the knowledge of our expert speakers. This session is not only fun, it also highlights important pension issues in a most memorable way. Wednesday, February 11 8:15-8:40 Continental Breakfast 8:40-8:45 Announcements Hoffman 8:45-9:45 EPCRS and the Changes Made by Rev. Proc Watson - New Rules and Examples for Self Correction Excesses under Rev. Proc When to Use the DOL Earnings Calculator - VCP Streamlined Application Procedures 9:45-10:00 Refreshment Break 10:00-12:00 Ask the Experts Workshop Entire Panel Get those tough questions answered! Case studies will be used in a wide-ranging discussion of the issues currently facing practitioners in the employee benefits area. For maximum benefit from this session, please submit your questions in advance to webconfquest@relius.net. BENEFITS OF ATTENDING Industry experts providing the most up-to-date information on benefit regulations, litigation, enforcement, and compliance Accessibility of our nationally recognized speakers More concurrent sessions to allow you to customize your education Over 900 minutes of continuing education credit Opportunities to network with peers Comprehensive course materials 2008 Orlando Attendees Said: This conference is a must for me each year. Speakers are excellent as usual: they are always on the cutting edge and have the ability to communicate with attendees. They keep me coming back, even at SUCH a busy time. Senior Pension Consultant, Orange Park, FL As always, this is the best pension conference. The topics covered are helpful in my day-to-day practice, the materials are pertinent and are a wonderful resource that can be used throughout the year. Attorney, Brentwood, TN The speakers are all very knowledgeable and do a good job of explaining the subjects. Oh yes, and they are very friendly and will take time to discuss one-onone with the attendees and add a little humor throughout the presentation Thanks. Trust Officer, Ashland, KY Every year we attend this conference and we walk away with cutting edge information that we can use immediately when we return. Pension Administrator, Oakbrook, IL This conference was excellent. The topic choices were perfect. The location at Disney was wonderful. The food served at the lunches were the best I ve had at any conference. Attorney, Russell, KY

7 Sungard s relius education 7 EVENTS Early Registration Drawing. Register by December 19, 2008, and you are automatically entered to win a 1-Day, 1-Park pair of tickets to any Walt Disney World Resort Theme Parks. Early Registration and Refreshments. Sunday, February 8, 5:00 p.m. Register early to avoid the Monday morning crowd. Light refreshments will be served. Reception. Monday, February 9, 5:15 p.m. Join us for a cocktail reception with light hors d oeuvres. Document and Restatement Management Services. Monday, February 9, 12:00 p.m. Restating 300 or more defined contribution plan documents for EGTRRA? With our document outsourcing service, we can be your invisible back office partner for completing document restatements, generating new plan document packages, and processing plan amendments (both employer-requested and IRS-required). Lunch is provided. Relius Documents User Group. Tuesday, February 10, 7:30 a.m. Join our staff to learn about new software functionality, preview projects in design, and discuss future enhancements to the Relius Documents system. Provide feedback, ask questions, and give us your ideas. Questions? our design group at docsoftwaredesign@relius.net. Breakfast is provided. Luncheon Presentations Relius Administration ASP. Monday, February 9, 12:00 p.m. SunGard s Relius Administration ASP serves more than one million participants. Join us for an overview and learn how this hosted recordkeeping solution can help you manage and grow your business without additional investment in hardware and software, and with minimal up-front investment on your part. Relius Documents ASP. Tuesday, February 10, 12:30 p.m. Join us for an overview of our hosted Internet application for document generation. See how easy it is to prepare plan documents in your office - in minutes!* *We encourage current ASP users to attend the Relius Documents User Group in lieu of this ASP demonstration. Lunch is provided for all product presentations. Seating is limited RSVP on the Registration Form. For more information about these products, call , Ext Continuing Professional Education 18 hours CPE credit* based on a 50-minute credit hour 15 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 advanced preparation required for this intermediate to advanced level program. SunGard conferences are approved by most professional organizations for continuing education credit, including the Joint Board for the Enrollment of Actuaries, ASPPA, NIPA, IRS Enrolled Agents, CFP, the ICB (for CRSP and CFTA), state bar associations, CPA boards, InFRE, PACE, and HRCI for SHRM professionals. In states where sponsor filing is required, SunGard will submit for CE approval only upon request by an attendee. In states where sponsor filing is not required, attendees are responsible for program approval and post-seminar attendee fees. CE must be requested at least six weeks prior to the program and is subject to approval by the appropriate jurisdiction. Because of the administrative requirements of state insurance accrediting agencies, we are not 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 of accountancy 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: This program has been approved for 15 recertification credit hours toward PHR or SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at Past conferences have sold out, so be sure to sign up right away! The early registration deadline is January 9, A multiple attendee discount is also available so bring your co-workers!

8 Sungard s relius education 8 GENERAL INFORMATION Who Should Attend. Attorneys, actuaries, pension and compensation consultants, employee benefits and human resources professionals, CPAs, accountants, financial planners, mutual fund broker representatives, as well as agents and officers of insurance companies, bank trust officers, and third party administrators. This program is geared to the small to mid-sized plan market, although those who work with larger plans will also benefit from attending. Disney s Contemporary Resort 4600 N. World Drive Lake Buena Vista, FL and Walt Disney World Resort DISNEY As a Disney Resort Guest, you ll enjoy special benefits: Orlando Airport Transfers Disney s Magical Express Service This exclusive complimentary shuttle and luggage delivery service conveniently takes you from the airport directly to your Disney Resort and back again when it s time to return. To book, call or visit magicalexpress for more information. Extra Magic Hour Benefit Each day one of the Theme Parks opens an hour early or stays open up to three hours after regular Park hours for Guest staying at select Disney Resorts, giving you even more time to enjoy select attractions before and after your meetings. DISNEY Rising majestically between the shores of Bay Lake and Seven Seas Lagoon, the resort offers lakefront and Theme Park views, along with a marina, health club, tennis center, an expansive pool area, and access to five championship golf courses. And, you re just a short stroll or monorail ride away from the Magic Kingdom Park and Epcot. Onsite dinings include the California Grill and the Chef Mickey s. Room Block Available Until January 2: The conference room rate is $210 S/D. For reservations, call or go to Identify yourself as a SunGard Conference attendee to receive the group rate. The hotel will only hold these rooms until January 2. Make your reservations early, as the hotel expects an early sell-out. Purchase Special Disney Meeting/Convention Theme Park Tickets In Advance Available only to meeting attendees, their guests and family members, Disney s multi-day and half-day Meeting/Convention tickets are designed to fit any agenda and can t be purchased at the Theme Park gates. Visit for more information. Extend Your Stay: Add an extra few days before or after your meetings for the perfect vacation with family and friends. The Resort will extend the same room rates* you received for your meeting to any nights you add to your visit. *Room Rates are subject to change without notice and are based on availability. Group rates may not be combined with any other discounts or offers. Weather and Attire. February is almost always sunny, with warm days and cool evenings. Dress code is business casual. Meeting room temperatures can vary, so we recommend you bring a light jacket to sessions 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.

9 Sungard s relius education 9 Registration (Copy as needed to register additional persons.) Early Registration Drawing Register by December 19, 2008, and you are automatically entered to win a 1-Day, 1-Park pair of tickets to any Walt Disney World Resort Theme Parks. Orlando Advanced Pension Conference 2009 Multiple Registration Discount Early Fee (by January 9) q $995 q $945 Standard Fee (after January 9) q $1,145 q $1,095 Multiple registrations from the same firm. First registrant pays full fee; each additional attendee deducts $50. Registrations must be submitted together to receive the discount. No other discounts, coupons, or special offers may be combined with these special prices. Concurrent Session Selections: Select (ü) 2 topics from each group. See Agenda for topic content. Group I q 01 q 02 q 03 Group II q 04 q 05 q 06 q 07 Group III q 08 q 09 q 10 q 11 Product Presentations: q Relius Administration ASP (Monday) q Relius Documents ASP (Tuesday) Other Events: q Document and Restatement Management Services (Monday) q Relius Documents User Group (Tuesday) * Check Continuing Education Requested (for attendees only) q CLE (attorney) State q CPA (accountant) State q ASPPA q NIPA q IRS Enrolled Agent q PACE q Enrolled Actuary q Other q Certificate of Attendance Only *This does not guarantee credit. See Continuing Education section. Refund policy All requests must be in writing. Full refund of registration fee less $100 administration 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. Conference requests, questions, or concerns may be ed to webconfquest@relius.net. Payment Method (Check or credit card information must accompany this form.) Conference 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. 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 # This is the SunGard Advanced Pension Conference I ve attended. (number) THREE WAYS to REGISTER TODAY! Â Online: Fastest way to register! Ê Fax: SunGard, ATTN: Order Processing-Accounting, (24 hours a day) Note: Online registration will not be accessible within three (3) business days of program date. Mail: SunGard, ATTN: Order Processing-Accounting, P.O. Box 47470, Jacksonville, FL WebBro