Only 2 more years to catch Sal Tripodi's ERISA Update Seminar in Honolulu!
TRI Pension Services will present the 19th Annual Hawaii Seminar on November 14-16, 2018. The seminar is at the Hilton Hawaiian Village in Honolulu. The ERISA Update Seminar focuses on "hot" pension topics and current developments. The agenda also includes topics that were requested in a survey taken of attendees at prior years' programs.
Registration will be at 12:30 pm on Wednesday, November 14th, with the seminar running from 1:00 until 5:30 p.m., and a cocktail reception immediately following. Breakfast is provided on Thursday and Friday, beginning at 8:00 a.m. Registration is subject to the cancellation terms described below.
If you will need hotel accomodations, you are responsible for making your own reservations. However, we have arranged a block of rooms with the Hilton Hawaiian Village (the Room Block is identified as TRI PENSION SERVICES). The hotel is offering a rate of $214 per night ("Resort View") or $254 per night ("Ocean View"). There also is a $15 per day resort fee, which is less than half of what the hotel normally charges ($37 per day). We suggest you try to book as early as possible as the number of rooms in the block are limited. If you encounter an inability to book under the room block, please contact us at 303-470-7964. We will try to get the block expanded. To make booking arrangements, use this link to book online, or call 1-800-HILTONS (mention group code BXY when calling to identify the room block). [If the link doesn't work, copy http://bit.ly/2FKZdgd to your browser.]
Registration includes materials. Materials for the seminar are provided ONLY in electronic format (PDF files). They will be e-mailed approximately 1 week before the seminar. Registrants may choose to bring the materials in electronic form (laptop, electronic reader, tablet) or to print out the materials. There will be power outlets available in the meeting room for those that wish to have the materials loaded on a laptop.
Day One (November 14) (5 credit hours (including 2 hours of Ethics credit)
- 12:30 p.m. to 1:00 p.m. Registration
- 1:00 p.m. to 2:40 p.m. Expanding 401(k) Coverage: Auto-Enrollment, Auto-Escalation, and Matching Contribution Designs [ERPA Course #UE6UJ-Q-00090-18-1]
This session explores the myriad options available to employers in adding auto-enrollment to a 401(k) or 403(b) plan, and the operational issues that stem from these plan designs. We’ll discuss the pros and cons of using auto-enrollment and auto-escalation, how these features can affect nondiscrimination testing, and how to correct errors that stem from the auto-enrollment or auto-escalation process. The Auto-Enrollment discussion will segue into Matching Contribution Formulas, but addressing the use of matching contributions in both plans with auto-enrollment and plans without auto-enrollment. The impact of coverage and nondiscrimination testing on matching contributions also will be addressed, as well as matching contribution features that create special testing issues.
- 2:40 p.m. to 2:50 p.m. Break.
- 2:50 p.m. to 3:40 p.m. Expanding 401(k) Coverage: Auto-Enrollment, Auto-Escalation, and Matching Contribution Designs (cont.)
- 3:40 p.m. to 4:20 p.m. What's Love (Or Ethics) Got To Do With It? [ERPA Course #UE6UJ-E-00092-18-I]]
This session involves a series of case studies dealing with real-life ethical dilemmas arising in the retirement plan arena. The discussion will address proper courses of actions, possible ethics violations, and guidance available through Circular 230 and other ethical codes that applly to retirement plan professionals.
—Guest Lecturer. The Ethics Session will be presented by Brian Furgala, an attorney with Ft William.
- 4:20 p.m. to 4:30 p.m. Break.
- 4:30 p.m. to 5:30 p.m. Ethics (cont)
- 5:30 p.m. Formal session adjourns
- 5:30 p.m. to 7:30 p.m. Cocktail Reception.
Enjoy some pupus while chatting with your fellow attendees.
Day Two (November 15) (5 credit hours)
- 8:00 a.m. to 8:30 a.m. Breakfast
- 8:30 a.m. to 10:10 a.m. Current Developments [ERPA Course #UE6UJ-Q-00087-18-1]
Day 2 is spent on a review of all important current developments (e.g., legislation, regulations, IRS/DOL/PBGC guidance, and court rulings) over the last 12 months, with emphasis on how these current developments affect plan design, plan administration, or enforcement issues. Pension-related provisions in the Tax Cut and Jobs Act of 2017 and the Bipartisan Budget Act of 2018 will be addressed, with a focus on their practical effect on plan design and/or operation. The litigation section will address cases affecting the DOL's Fiduciary Regulation and how practitioners will need to respond. The third Pre-Approved Plan submission cycle starts this year for defined contribution plans and this session will discuss the document options for employers and the circumstances under which the IRS will accept determination letter applications.
- 10:10 a.m. to 10:20 a.m. Break
- 10:20 a.m. to 11:40 a.m. Current Developments (cont.)
- 11:40 a.m. to 11:50 a.m. Break
- 11:50 a.m. to 1:00 p.m. Current Developments (cont)
- 1:00 p.m. Formal session adjourns
- 1:00 to 2:30 p.m.: On your own
- 2:30 to 5:00 p;m. Group Activity (optional)
- 5:00 to 7:00 p.m. Happy Hour (optional)
Day Three (November 16) (5 credit hours)
- 8:00 a.m. to 8:30 a.m. Breakfast
- 8:30 a.m. to 10:10 a.m. Targeted Nondiscrimination Testing Issues [ERPA Course #UE6UJ-Q-00089-18-1]
This session will focus on how various nondiscrimination testing techniques can be used to enhance plan design and obtain specific retirement accumulation objectives. Subtopics include compensation definitions, multiple plan situations, related groups, using the average benefits test analysis and designing nonuniform plan rights and features.
- 10:10 a.m. to 10:20 a.m. Break.
- 10:20 a.m. to 11:10 a.m. Targeted Nondiscrimination Testing Issues (cont.)
- 11:10 a.m. to 11:50 a.m.
- 11:40 a.m. to 11:50 a.m. Break.
- 11:50 a.m. to 1:00 p.m. Multiple Employer Plans: Suitability and Limitations [ERPA Course #UE6UJ-Q-0091-18-1]
discussion focuses on the design and operation of multiple employer plans with a view toward suitability issues with respect to various types of employers. It considers both tax code implications and ERISA requirements. The DOL's requirement that participating employers have a sufficient nexus in order for the plan to be considered a single plan is also discussed. The discussion concludes with an analysis of the pros and cons of an employer’s participating in a MEP and what design features the employer should consider (and which to avoid).
- 1:00 p.m. Adjourn until next year
ERPA, JBEA, ASPPA and NIPA Continuing Education Credits
The program qualifies for 15 credit-hours of continuing education for Employee Plans Retirement Agents (ERPAs), enrolled actuarias (JBEA), ASPPA members and NIPA members (based on 50-minute hours). TRI Pension Services is an IRS-approved continuing education provider (Provider #UE6UJ).
ERPA credits. The course provides 15 ERPA credit hours. We include Ethics credits only in even numbered years, so this year's program will INCLLUDE Ethics credit.
We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, sections 10.6 and 10.9 (Circular 230), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the Enrolled Retirement Plan Agent.
For persons seeking ERPA credit, sign-in and sign-out procedures are required. A certificate of completion will be presented to ERPAs via email. ERPAs are required to provide their ERPA enrollment numbers and, if applicable their PTINs.
JBEA. TRI Pension Services is a qualifying sponsor for continuing professional education for enrolled actuaries. We have determined that the program qualifies for 11 core credits and 4 non-core credits, in accordance with Treas. Reg. §901.11(f).
For cancellations before September 1, the full amount (less $100 per person processing fee) will be refunded. For cancellations during the month of September or in the first half of October, $450 per person is deducted from the registration amount, and the balance is refunded. For cancellations after October 15, there is no refund of any portion of the registration amount.(All dates are for the calendar year in which the Seminar is held.)