RELIUS EDUCATION. Boston, MA June ADVANCED 401(K) CONFERENCE

Transcription

1 RELIUS EDUCATION Boston, MA June ADVANCED 401(K) CONFERENCE

2 ADVANCED 401(k) CONFERENCE BOSTON 2006 HIGHLIGHTS Dear Pension Professional: SunGard is pleased to offer the 2nd annual Advanced 401(k) Conference in downtown Boston and this year it s better than ever, thanks to additional learning options offered by our oneday Cafeteria and HSA Update Workshop! The world of 401(k) plans continues to change at a rapid pace. There is no better way to stay informed than by joining us in Boston. This year s program focuses on the important topics of the day, including: The 401(k) Changes Made by the Pension Protection Act of 2006 Handling Hardship Distributions Roth Contributions the New Kid on the Block Helping Participants Get the Most Out of Their 401(k) Plan 401(k) Testing Techniques Automatic Enrollment Tips and Traps We ve brought together the nation s foremost 401(k) experts to share their knowledge and experience. Our 401(k) Business Trends A Practitioner Roundtable will allow you to benefit from their many years of collective experience... and we close with our most popular session, Ask the 401(k) Experts, where you can get your tough questions answered. Mark your calendar and plan to join us in June. There couldn t be a better time or place! Sincerely, Craig P. Hoffman Vice President and General Counsel P.S. The Early Registration Deadline is May 26, A multiple attendee discount is also available, so bring your co-workers! And don t forget to sign up for the Cafeteria Workshop and get the multiple program discount as well. 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 Stephen W. Forbes, J.D., LL.M Vice President SunGard Relius Denver, CO Michael J. Malone, CPC, AIFA, MPF MJM401k Phoenix, AZ Robert M. Richter, J.D., LL.M. Vice President SunGard Relius Jacksonville, FL S. Derrin Watson, J.D., APM SunGard Relius Goleta, CA

3 AGENDA Monday, June 26 NEW 1-Day Cafeteria and HSA Update Workshop (Optional. See detailed information after the Registration Form.) Tuesday, June 27 7:30-8:30 Registration and Continental Breakfast 8:30-8:45 Welcome and Announcements Hoffman 8:45-10:00 401(k) Changes Made by the Hoffman Pension Protection Act of New Rules for Automatic Enrollment - Investment Advice/Education Changes - The DB-K Plan Boom or Boondoggle? - Missing Participant Mandate - Extended Correction Deadlines 10:00-10:20 Refreshment Break 10:20-11:20 When 401(k) Plan Sponsors Merge Ferenczy Concerns and Comments - Understanding Merger/Acquisition Transactions - Terminate, Merge, or Freeze What to Consider - How to Handle Testing and HCE Determinations - Distribution Dilemmas 11:20-12:40 Hosted Luncheon 11:20-12:40 Relius Administration ASP Presentation (Optional. See Events. ) 12:40-5:20 Concurrent Sessions Sessions are 60 minutes each. Sign up on the Registration Form to attend two topics from Group I and two from Group II. GROUP I: 12:40-1:40 and repeated 1:50-2:50 2:50-3:10 Refreshment Break GROUP II: 3:10-4:10 and repeated 4:20-5: Document Details for the 401(k) Plan Richter - IRS Mandated Plan Provisions - Amendment Deadlines When Elections Change - Keeping the Plan Qualified Good Faith Amendment Issues - Updating for the Final 401(k) Regulations 02. The Ins and Outs of Participant Loans Forbes - Limits and Restrictions from the IRS and DOL Perspective - Dealing with Deemed Distributions and 5500/1099 Reporting - How to Process Leaves of Absence - Sample Forms and Promissory Notes 03. Helping the Participant Get the Malone Most Out of Your 401(k) Plan - Making the Plan User Friendly - Investment Help for the Participant - Directed vs. Managed Investments - Expected Impact of the New Default Investment Rules 04. Safe Harbor 401(k) Plans Hoffman Getting Better All the Time - Plan Design Basics - How to Be Top Heavy Exempt - Minimizing Contribution Obligations - Triple Stack Matching Contribution Formulas 05. How to Handle Hardship Distributions Watson - New Safe Harbor Standards - Participant Certification of Need, Is That Enough? - Special Hurricane Rules for Sample Distribution Forms

4 5:30-7:00 Cocktail Reception 06. The Basics of Nonqualified Forbes Deferred Compensation - Elective Deferral Restrictions - Distribution Requirements - Funding Rules - 457(f) Plans and 409A - Plan Amendment Deadlines Wednesday, June 28 7:30-8:30 Relius Documents User Group Meeting (Optional. See Events. ) 8:00-8:30 Continental Breakfast 8:30-11:20 Concurrent Sessions Sessions are 75 minutes each. Sign up on the Registration Form to attend two topics from Group III. GROUP III: 8:30-9:45 and repeated 10:05-11:20 9:45-10:05 Refreshment Break 11:20-12:40 Hosted Luncheon 07. Automatic Enrollment Ferenczy Tips and Traps - How Does It Work - Common Design Choices - Administrative Traps - Legislative Proposals 08. Finding and Maintaining the Best Malone 401(k) Investments - Best Practices Blueprint - New and Improved Investment Products - Quantitative and Qualitative Performance Measures - The Place for Target Date Funds - Review/Watch/Replace Timelines (k) Testing Techniques Under Forbes the New Rules - New QNEC Strategies - Is Shifting Dead Under the Final Regs? - What to Do About Gap Period Income - Bottom-Up Matches A Trap for the Unwary - Deadlines for Changing Testing Methods 11:20-12:40 Relius Documents ASP Presentation (Optional. See Events. ) 12:40-12:45 Announcements Hoffman 12:45-2:00 Roth Contributions The New Kid Watson on the Block - What s Required for 2006 Implementation - Taxation of Non-Qualified Distributions - Participant Rollover Options - When Do Roth Contributions Make Sense 2:00-2:20 Refreshment Break 2:20-3:20 401(k) Business Trends Entire Panel A Practitioner Roundtable Hear our experts give their insight into the important issues facing 401(k) practitioners and plan sponsors. The exact agenda will be based on current developments and attendee requests. Please submit topic suggestions or questions to webconfquest@relius.net. 3:20-3:30 Stretch Break 3:30-5:00 Ask the 401(k) Experts Workshop Entire Panel Get those tough questions answered! Case studies will be used in a wide-ranging discussion of the issues currently facing 401(k) practitioners. For maximum benefit, please submit your questions in advance to webconfquest@relius.net.

5 The world of 401(k) plans continues to change at a rapid pace. Cra BENEFITS OF ATTENDING Up to 15 hours of continuing professional education credit. Concurrent sessions to allow you to customize your education. Expert speakers providing the latest information on 401(k) regulations, investments, enforcement, and compliance. An opportunity to network with industry experts and peers. Comprehensive course materials. Industry exhibits ATTENDEES SAID The wealth of knowledge gathered in one room is amazing! Vice-President, Trust Company, Lexington, KY Excellent quality of speakers educated, experienced, passionate. President, Pension Services Company, New Gloucester, ME I really liked the flexibility of choosing sessions to maximize learning about topics that were more applicable to my use. Pension Consultant, Boston, MA This is an excellent program. Glad I came. Attorney, Everglades City, FL Overall conference experience was great! Thanks to all the staff that put everything together and kept everything organized. Vice-President, Trust Company, Columbia, SC SPONSORSHIP Showcase your products and services to this select group of pension professionals. The SunGard Advanced 401(k) Conference is an ideal forum for presenting your innovative industry products and services. Exhibits are limited to six guaranteeing maximum exposure for your marketing efforts. You will reach Administrators, owners, principals, and partners of independent administration and consulting firms Personnel responsible for pension administration, investment programs, or trusts Actuaries CPAs Attorneys Insurance executives responsible for the planning, implementation, and/or administration of pension and employee benefits programs. A few sponsorship opportunities are still available. For details, call Anne Dionne, , Ext SunGard 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.

6 g P. Hoffman, Vice President and General Counsel, SunGard Relius EVENTS Early Registration Drawing Register by May 19 and be eligible to WIN an exquisite dinner for two. Experience fine dining at the elegant Avenue One restaurant, located at the Hyatt Regency Boston. Cocktail Reception Tuesday, June 27, 5:30 p.m. Join us for a cocktail reception with light hors d oeuvres. Relius Documents User Group Wednesday, June 28, 7:30 a.m. Start you day off with our Relius Documents staff. Come and hear about exciting enhancements being discussed and developed for the Relius Documents software as we place special emphasis and focus on functionality that will make your EGTRRA restatement processes easier! Plus, you ll have the opportunity to provide your feedback, which helps us streamline the system to better meet your business needs. Bring your questions/comments, or send them to kathryn.guthrie@relius.net. Breakfast will be provided. Seating is limited RSVP on the Registration Form. Luncheon Presentations Relius Administration ASP Tuesday, June 27, 11:20 a.m. Eliminate all of your technology overhead expenses and headaches with Relius Administration ASP. We host the technology providing you with system updates, back-up services, and complete business continuity services. Your staff can securely connect to your database 24/7, from any location with a standard Internet connection. Join us to discover how you can easily become a new Relius Administration ASP client or upgrade your existing Relius Administration system. Relius Documents ASP Wednesday, June 28, 11:20 a.m. See an overview of our hosted Internet document system and learn how easy it is to prepare plan documents in your office in minutes! Lunch will be provided for all product presentations. Seating is limited RSVP on the Registration Form. For more information about these products, call , Ext FEES Advanced 401(k) Conference Early Fee (by May 26).. $800 Standard Fee (after May 26) $900 Cafeteria and HSA Update Workshop Early Fee (by May 26).. $325 Standard Fee (after May 26) $350 Multi-Program Discount Register for the Advanced 401(k) Conference AND the Cafeteria and HSA Update Workshop at the same time, and pay only $250 for the Cafeteria Workshop, a $75 saving. Multiple Registrations from the Same Firm First registrant pays full fee; each additional registrant deducts $50. To take advantage of the special multiple discounts, registrations must be submitted together. No other discounts or special offers may be combined with these special prices. Refund Policy All requests must be in writing. Full refund of registration fees less a $100 administrative fee will be made for cancellations received at least 10 business days prior to the program. No refund will be granted for cancellations received later than 10 business days prior to the program. Conference requests, questions, or concerns may be ed to webconfquest@relius.net.

7 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. About Boston Walk Boston s Freedom Trail and see historic buildings, sites, and monuments, such as Faneuil Hall, Old North Church, Paul Revere House, Granary Burying Ground, Bunker Hill Monument, the U.S.S. Constitution, and much more. Shop til you drop at Beacon Hill, Chestnut Hill, Filene s Basement, Newbury Street, Copley Place, and more. Dine at an endless array of outstanding restaurants, pubs, and taverns. Enjoy music of all descriptions from Blues to the Boston Pops. Cruise on a tall ship. Or how about a whale watch cruise? Or deep sea fishing? Check it out! Tour Salem (a rich, witch history) or many other interesting nearby sites. Learn more about Boston s activities, go to Hyatt Regency Boston 1 Avenue de Lafayette, Boston, MA Phone: Reservations: The Hyatt Regency Boston is centrally located in the heart of downtown, just a few steps away from the Freedom Trail, Faneuil Hall, the Theatre District, Chinatown, and diverse restaurants and shops. The drive from the airport is only ten minutes. The hotel offers beautiful guest rooms with impeccable downtown views, and a fully equipped fitness center complete with indoor swimming pool, sun terrace, Eucalyptus steam room, and sauna. The group rate is $235 S/D. For reservations, call Identify yourself as a SunGard Conference attendee to receive the group rate. Our room block will be available only until May 26, Please make your reservations early, as the hotel expects an early sell-out due to overlapping citywide conventions. Weather and Attire We ve been promised perfect summer weather for this time frame. Bring summer attire, a sweater or lightweight jacket for evening. Attire for the conference is business casual. Dress for comfort, and remember that meeting room temperatures can reach extremes! CONTINUING EDUCATION Advanced 401(k) Conference 15.0 hours CPE credit* based on a 50-minute credit hour 12.5 hours CE/CLE credit* based on a 60-minute credit hour Cafeteria and HSA Update Workshop 7.0 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 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. CE must be requested at least five 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 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: For information about Continuing Education or the state required financial assistance policy for New York attorneys, call , Ext

8 CAFETERIA AND HSA UPDATE WORKSHOP MONDAY, JUNE 26, 2006 Optional program offered at the same location as the Advanced 401(k) Conference. With the skyrocketing cost of health coverage, cafeteria plans and defined contribution health plans are hotter than ever. But in many cases, there is no government guidance, or the guidance is outdated regarding many of the issues encountered in the operation of these plans. Come to our new, one-day Cafeteria Workshop and learn from our experts! Know the ins and outs of nondiscrimination testing Get updated on current cafeteria plan issues Understand which plan is best for your client s business HSA, HRA, or FSA Learn real world approaches to tough administrative issues AGENDA 7:45 a.m. Registration/Coffee and Danish 8:30 a.m. Current Developments in Cafeteria Plans Grace Period ; the new definition of dependent under the Working Families Tax Relief Act (WFTRA), including domestic partner issues; Form 5500; and other cafeteria plan topics. Nondiscrimination Testing In-depth review of various nondiscrimination tests, including eligibility, the 25% concentration test, determination of the prohibited group, and testing underlying benefits, such as health FSAs and dependent care FSAs. 11:30 a.m. Lunch (provided) 12:30 p.m. HSAs, FSAs, and HRAs Discussion of Health Savings Accounts, Health Reimbursement Arrangements, and health FSAs, including eligibility to establish each type of account; the advantages, disadvantages, and rules of each account; how these accounts can work together. Is My Botox Reimbursable? and Other Real Life Cafeteria Issues Discussion of cafeteria plan concerns with real world solutions, including debit and credit cards, claims processing, and other timely topics. Ask the Experts Workshop Bring your questions for a wide-ranging discussion of the issues currently facing practitioners working with cafeteria plans, HRAs, and HSAs. For maximum benefit from this session, please submit your questions in advance to webconfquest@relius.net. 4:20 p.m. Adjournment SPEAKERS Program will be conducted by our experienced panel of speakers: Robert M. Richter, J.D., LL.M., Moderator H. Clifford Watkin, Sentinel Benefits Group, Inc. Michele D. Lellouche, J.D. S. Derrin Watson, J.D., APM WHO SHOULD ATTEND Any cafeteria plan practitioner who wants an update on current issues plus a greater understanding of such topics as nondiscrimination testing should plan to attend. Cafeteria plan consultants, plan administrators, CPAs, attorneys, financial advisors, employee benefits and human resources professionals, corporate benefits and payroll staff, brokers, and insurance professionals all will find this course beneficial. WHAT YOU LL LEARN How to perform the various nondiscrimination tests Latest changes to cafeteria plan law and regulations Real world answers to tricky administrative questions The differences, advantages, and disadvantages of HSAs, FSAs, and HRAs RAVE REVIEWS Excellent presentation by speakers and of the materials. Attorney, Torrance, CA The topics are relevant to our business and timely. Thank you. Accountant, Richland, WA Good overview of HSA and nondiscrimination testing. TPA, St. Petersburg, FL It covers materials that I needed for my clients. Accountant, Bannockburn, IL Panel was very good... the format effective. TPA, Hallandale, FL ACCOMMODATIONS Hyatt Regency Boston See the General Information section for the Advanced 401(k) Conference.

9 CONFERENCE REGISTRATION FORM Copy this form as needed for multiple registrations. Use a separate form for each registrant. Drawing Register by May 19 and be eligible to WIN a dinner for two at the elegant Avenue One restaurant. Advanced 401(k) Conference ONLY Multiple Registration Discount Fee Advanced 401(k) Conference AND Cafeteria Workshop Multiple Registration Discount Fee Cafeteria and HSA Workshop ONLY Early Fee (by May 26) $800 $750 $1,050 $1,000 $325 Standard Fee (after May 26) $900 $850 $1,150 $1,100 $350 Concurrent Session Selections (Applicable to 401(k) Conference ONLY): Select ( ) 2 topics from each group. See Agenda for topic content. Tuesday: Group I Group II Wednesday: Group III Optional Events (Applicable to 401(k) Conference ONLY): Relius Administration Presentation (Tuesday) Relius Documents User Group Meeting (Wednesday) Relius Documents Presentation (Wednesday) * Check Continuing Education Requested (for attendees only) CLE (attorney) State CPA (accountant) State ASPPA NIPA IRS Enrolled Agent PACE Enrolled Actuary Other Certificate of Attendance Only *This does not guarantee credit. See Continuing Education section. Payment Method (Registrations sent without payment will NOT be processed.) Conference Discount code (if any) Enclosed is a check payable to SunGard Corbel. $ Please charge: MasterCard VISA American Express $ / Card Number Exp. Date Cardholder s Name (please print) Cardholder s Signature Registrant Information Please check if new address, phone, or fax. (please print or type) Mr. Ms. Client Acct. # Full Name Name for Badge Profession/Title Firm Name Shipping Address (Do not use P.O. Box Number) City State _ Zip Phone # Fax # This is the SunGard Advanced 401(k) Conference I ve attended. (number) THREE WAYS to REGISTER TODAY! W W W Online 401(k) Conference: Online Cafeteria Workshop: Best way to register anytime! Fax: (paying with credit card) , SunGard, ATTN: Order Processing Accounting Mail: SunGard, ATTN: Order Processing - Accounting, P.O. Box 47470, Jacksonville, FL Note: Online registration will NOT be accessible within three (3) business days of program date

10 June ADVANCED 401(K) CONFERENCE 2 Days Dedicated to Hot 401(k) Issues The 401(k) Changes Made by the Pension Protection Act of 2006 Handling Hardship Distributions Roth Contributions the New Kid on the Block Helping Participants Get the Most Out of Their 401(k) Plan 401(k) Testing Techniques Automatic Enrollment Tips and Traps 401(k) Business Trends A Practitioner Roundtable Ask the 401(k) Experts PLUS Cafeteria and HSA Workshop, June 26 This optional workshop is offered the day preceding the Advanced 401(k) Conference same location. Register online at Prudential Drive Jacksonville, FL FORWARD TO: Prsrt Standard U.S. Postage PAID Jacksonville, FL Permit No. 819