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 04: Coverage Test

It's easy to understand the importance of coverage testing. A 401(k) plan must pass coverage testing every year to remain a qualified plan.

This program will take you back to the basics to give you a thorough review of the frequently misunderstood aspects of this vital topic. This lively presentation, rich with examples, will show 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.

Topics Include:

• Excludible employees
• Relationship to eligibility requirements
• Separating a 401(k) plan into separate parts
• Who's benefiting
• Alternate coverage tests
• Otherwise excludible employees
• The price of failure
• Correcting problems

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:

• Identify years of service for vesting purposes, including for rehired participants
• Understand the statutory vesting schedule
• Identify excludable service
• Apply the break-in-service rules
• Implement a change to the vesting schedule

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