FIS Relius

Fundamentals 02: Highly Compensated Employees and the Coverage Test

The Code has two ways of referring to employees. They can be Highly Compensated Employees (HCEs) or non-HCEs. The HCE definition can be difficult. But understanding this definition is essential to perform any coverage, ADP, ACP, and nondiscrimination test. This program gives you a detailed look at this vital definition.

It is easy to understand the importance of coverage testing. A qualified plan must pass coverage testing every year to remain qualified. This program takes you back to the basics to give you a thorough review of the frequently misunderstood aspects of coverage testing. This presentation, rich with examples, shows you the issues you need to understand to make sure plans are not violating the crucial coverage rules. It is necessary that you understand all the nuances of the coverage rules in order to fully appreciate our nondiscrimination program.

Prerequisites: There are no prerequisites or advance preparation for this presentation.

Level: Beginning

Instructional Delivery Method
Group - Internet-Based

Speaker – Kevin L. Burch, J.D., LL.M.

Objectives: After attending this Web seminar, an attendee should be able to do the following for each topic:

Hardware System Requirements:

• Windows 95, 98, NT 4.0, 2000, XP, Windows 7
• Internet Explorer 4.01 or later, Netscape 4.08 or later, and set Internet browser to allow pop-up windows.
• High-speed Internet connection.
• Pentium 166+ MHz, 128MB RAM or more.
• 1023 x 768 or higher display resolution.
• Soundcard and Speakers.

Software Requirements:

• Silverlight Version 4 is required. Silverlight Version 5 or higher is preferred.
• Silverlight 4 System Requirements Information: http://www.microsoft.com/getsilverlight/locale/en-us/html/installation-win-SL4.html
• Silverlight Downloading:
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  • If you don't see the pop-up window, or if you wish to install this application before you access the recording, you may download it from this location: http://www.microsoft.com/getsilverlight/get-started/install/default.aspx 
• If you have questions or need assistance with accessing/downloading Silverlight, please contact your IT or MIS department.

Program related requests, questions, or concerns may be emailed to: relius.education@sungard.com.