Cycle - Three Plan Document Workshop - PPD

FIS Relius Education

This two-part virtual workshop, presented on August 26 - 27, 2020, covers the FIS PPD document.

Day 1: Wednesday, August 26, 2020, 11:00 a.m to 4:00 p.m. ET
Day 2: Thursday, August 27, 2020, 11:00 a.m. to 4:00 p.m. ET

The Cycle-Three restatement process has begun.

The program provides a line-by-line review using the prototype-formatted pre-approved Defined Contribution Adoption Agreement, as well as a review of the basic plan document. The focus is primarily on the Adoption Agreement, giving background, and offering explanations as to its use, including suggested completion of check-box and blank line options.

We address new features and highlight the differences in the new pre-approved document format compared to the former prototype and the prototype-formatted volume submitter plan documents.

Attendees receive a practical understanding of the FIS PPD Cycle Three pre-approved Defined Contribution document.

Save time and get an early start on the Cycle Three restatement process.

Topics include:

• Restatement deadlines
• Formatting changes
• Effective date provisions
• Contribution and allocation provisions
• Changes to plan options
• Beneficiary distribution options
• Automatic deferral options
• Matching options
• Eligibility, exclusions and vesting
• Earnings and trust provisions
• Forfeiture handling
• Participating employers
• Multiple employer plans

After attending the Web seminar, an attendee should be able to:

• Identify the deadlines for the Cycle Three restatement
• Design a proper matching contribution formula
• Complete eligibility and vesting provisions correctly
• Select the proper effective date for the plan
• Determine the proper distribution options for participants and beneficiaries
• Identify the appropriate method for allocating earnings
• Explain contribution and allocation options to clients
• Explain the changes to the trust provisions

Speakers:

• Daniel McNamara, J.D., FIS
• David Schultz, J.D., FIS
• S. Derrin Watson, J.D., APM, Recipient of the 2006 ASPPA Educator's Award

More Information, How to Register