FIS Relius

Do you need to train someone new? Do you need to brush up on the basics, or to fill in gaps in your knowledge? SunGard’s Fundamental series may be just what you need. 14 convenient 1-hour web seminars provide the information a pension practitioner needs to function effective in the modern 401(k) world. Pick and choose the topics you need, or participate in the entire series: the choice is yours. Our standard pricing has been discounted to make attendance to all sessions in this series more cost effective. The series will cover the following:

• Fundamental Series 01: Eligiblity
• Fundamental Series 02: Vesting
• Fundamental Series 03: Compensation: HCEs
• Fundamental Series 04: Coverage test (ratio percentage only)
• Fundamental Series 05: Elective deferrals - including 402(g), automatic enrollment, distribution restrictions
• Fundamental Series 06: ADP/ACP test
• Fundamental Series 07: 401(k) safe harbors
• Fundamental Series 08: Nondiscrimination testing
• Fundamental Series 09: 415 and deduction limits
• Fundamental Series 10: Top-heavy
• Fundamental Series 11: Controlled Groups
• Fundamental Series 12: Participant loans
• Fundamental Series 13: Taxation: Roth
• Fundamental Series 14: Fiduciary requirements; reporting and disclosure

Fundamentals 03: Compensation and HCEs:

Compensation is one of the most basic issues in plan design and administration, and one of the most confusing. It is not unusual for a plan to have 4 definitions of compensation, or more, each applying to a different function.

One of those functions is the important task of determining who is a Highly Compensated Employee, an HCE. HCE status is pivotal in determining whether a plan passes coverage, the ADP test, the ACP test, and other nondiscrimination tests.

This one-hour seminar brings these two crucial issues together. Topics include:

• Alternative definitions of total compensation
• Nondiscriminatory compensation
  • Safe harbor adjustments
  • Alternative definitions
• Compensation limitation
• How to use the definitions
• Who is an HCE
  • Stock ownership
  • Compensation
  • Top 20% option

Level: Beginning

Instructional Delivery Method
Group - Internet-Based

Speaker: S. Derrin Watson, J.D.,
APM Recipient of ASPPA's 2006 Educator of the Year Award

Objectives: After participating in this program, you should be able to:

1. List the alternative base compensation definitions
2. Apply the compensation limit
3. Identify safe harbor nondiscriminatory definitions of compensation
4. Determine whether an employee is an HCE