Schedule

Day One (November 19th) - 5 credit hrs

Outrigger Reef - Live in-person
12:30PM Hawaii Time

12:30 - 1:00PM: Registration

 

1:00PM - Current Developments

Guidance has slowed for SECURE 2.0 changes and almost all of the provisions are now effective. We'll discuss practical solutions for issues with limited or no guidance. We will also review agency guidance along with interesting court decisions.

Key attendee takeaways:

  • Identifying practical solutions to issue regarding super catch-up contributions, catch-up contributions as Roth, mandatory automatic enrollment, in-service distributions and long-term, part-time employees

  • Explaining recent IRS and DOL releases, such as document restatements, forfeiture allocations and the Voluntary Correction program

  • Discussing relevant case law

2:40 - 2:50PM: Break

2:50PM: Current Developments (cont.)

4:10 - 4:20PM: Break

4:20PM: Current Developments (cont.)

5:30 - 7:30PM: Cocktail Reception

Day Two (November 20th) - 5 credit hrs

Outrigger Reef - Live in-person
8:30AM Hawaii Time

 

8:00 - 8:30AM: Breakfast

8:30AM - Beyond the Numbers

Beyond the Numbers: Making Sense of Coverage Testing. It's the first step in annual discrimination testing. Gain a solid understanding of how to apply and navigate coverage rules and testing. This session will provide a framework for completing coverage testing and addressing potential issues (either proactively or reactively).

Key attendee takeaways:

  • Classifying and counting those included in coverage testing

  • Performing the ratio percentage and average benefits tests

  • Summarizing potential ssues and corrections

10:10 - 10:20AM: Break

10:20AM - TBD

11:10 - 11:20AM: Break

11:20AM - In or Out of Control? Maybe Affliated? Analyzing Controlled Groups and Affiliated Service Groups.

These determinations can result in complexities for retirement plan desgin and administration. Through case studies, we will go over what information to collection and when to collect it. We will also cover attribuion rules and how they can impact the determination.

Key attendee takeaways:

  • Identifying the various components of a CG or ASG

  • Determining CG or ASG status

  • Recognizing the affects of CG or ASG status

Optional Group Activity: TBD

Day Three (November 21st) - 5 Credit Hrs

Outrigger Reef - Live in-person
8:30AM Hawaii Time

 

8:00 - 8:30AM: Breakfast

8:30AM - EPCRS Update

We are overdue for an IRS release of the Employee Plans Compliance Resolution System! Hopefully we will get it prior to our November meeting. We can then discuss the changes for the last version, including the expansion of the self-correction program (SCP) after SECURE 2.0.

10:10 - 10:20AM: Break

10:20AM - TBD

11:10 - 11:20AM: Break

11:20AM - TBD

12:10 - 12:20AM: Break

12:20PM - How to Train Your Dragon (Plan Sponsor): Fiduciary Committee Best Practices.

They may not be able to spell fiduciary, but plan sponsors should know what it means, how to comply and consequences if they don't. In this session, we break down what it means in plain English to "act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such retirement plan matters would use."

Key attendee takeaways:

• Explaining fiduciary status and responsibilities

• Summarizing the legal obligations and consequences

• Assessing ways to delegate or mitigate fiduciary responsibilities

1:10PM: Conference Adjourns