Technical Lunch Forum
403(b) Plans in 2017: Significant Issues and Trends
Thursday, March 23, 2017 11:30 am - 1:30 pm
Offices of Precept Advisory Group, 130 Theory - #200, Irvine, CA 92617
Please join us for our next Technical Lunch Forum.
See two different views - one, legal and the other plan sponsor and participant issues
This year marks the 10th anniversary of the issuance of the revised regulations under section 403(b), and the landscape in which 403(b) plans operate continues to evolve. In this presentation, we will examine some of the challenges facing 403(b) plan sponsors, including:
· recent developments affecting plan documents, including the introduction of pre-approved documents and the end of the remedial amendment period;
· typical compliance problems we are still seeing in 403(b) plan operation under the Code and ERISA;
· our experience in fixing operational failures under EPCRS;
· recent litigation involving 403(b) plans;
· trends in 403(b) plan design.
Our Speakers:
Evan Giller, Attorney, Boutwell Fay, LLP
Evan has worked in the field of employee benefits law and ERISA for over 25 years, specializing in the retirement and deferred compensation plans of tax-exempt organizations and governmental employers. He has extensive experience advising employers and plan service providers on a wide range of plan issues, including plan design, plan documents, operational issues, corrections and fiduciary responsibility, and has particular expertise regarding 403(b) and 457 plans. In addition, Evan’s practice includes advising financial institutions on issues relating to the design nd regulation of annuity products, in particular annuities used to fund retirement plans. Evan attended Buffalo University Law School and was admitted to the Bar in 1979.
Brodie Wood, Senior Vice President, Not-for-Profits Markets, Transamerica Retirement Solutions
In his role, Mr. Wood leads and is responsible for the company's not-for-profit busines and product dvelopment. Earlier as VP of Participant Counseling Organization, his group was dedicated to delivering employee education and retirement planning for plan participants. He has been involved in the retirement plan field for the past 15 years helping participants become retirement ready. Mr. Wood earned his BA from Utah State University and his MBA from Brigham Young University in 2002. He is a Six Sigma Green Belt and holds multiple FINRA designations.
About our Technical Lunch Forums:
This Technical Lunch Forum will be of particular interest to retirement plan professionals who want to know the latest that is going on in our industry: accountants, actuaries, attorneys, benefits directors, consultants, human resources personnel, investment professionals, plan administrators, practitioners, third party administrators and trust officers.
This Technical Lunch Forum will be held in the offices of Precept Advisory Group. Check-in is open from 11:30 to 11:45 a.m. Please arrive on time, as our program will begin promptly at 11:45 a.m.
Due to the special nature of this program, we cannot accept walk-ins the day of the event.
Reservation deadline - Friday, March 17.
Continuing Education:
ASPPA—2 CE Credit CEBS—2 CPE Credit CFP—2 Hours NIPA - 2 CE Credit
CPA (California) — 2 Hours ERPA —2 Hour MCLE (California) —1.75 Hours
About our Technical Lunch Forums:
The registration fee includes a box lunch. To register for this or any other upcoming event, visit our website at www.WPBCOrangeCounty.org and then select Events from the menu.
This Technical Lunch Forum will be held in the offices of Precept Advisory Group. Check-in is open from 11:30 to 11:45 a.m. Please arrive on time, as our program will begin promptly at 11:45 a.m. Due to the special nature of this program, we cannot accept walk-ins the day of the event.
The reservation deadline for this event is Friday, March 17.
Thank you to the sponsor of this Technical Lunch Forum:
The statements and materials presented at WP&BC Orange County Chapter events are solely the opinions of the speakers and do not represent the opinions or positions of WP&BC Orange County Chapter. In addition, WP&BC Orange County Chapter assumes no responsibility for the content or accuracy of the statements and materials presented by speakers at WP&BC Orange County Chapter events.
Please join us for our next Technical Lunch Forum. This in-depth presentation will include:
- · 408b-2 Disclosure by Service Providers to Plan Sponsors
- o What to look for
- o Fiduciary Requirements
- o Actions that must be taken
- · 404a-5 Disclosure to Plan Participants
- o Importance of documented review of record keeper prepared materials
- o Gross/net fee disclosure
- · ERISA Expense Accounts
- · How to document disclosure compliance
- · Fulfilling fiduciary responsibility to periodically review expenses for reasonableness
- · Opportunities to provide added value services
Our speaker will be:
STUART HACK, JD, CLU Sunlin Consulting LLP
Stuart Hack is a partner with Sunlin Consulting LLP and Vice President of Sunlin Consulting Investment Advisory Services LLC. He advises qualified plan sponsors and record keepers on fiduciary liability exposure management. He designs, implements and monitors fiduciary best-practices programs, including fully documented ERISA 404(a)(5), 404(c) and 408(b)(2) compliance solutions. Stuart also designs and manages ERISA 3(38) fiduciary solutions that record keepers offer to participant-directed defined contribution plan sponsors and financial advisors. His experience includes over 30 years as CEO of a benefits consulting and registered investment advisory firm and the co-founder of a daily recordkeeping service provider. He is past president of the Orange County chapter of the Western Pension & Benefits Council, and author of the textbook Retirement Planning for Professionals, published by John Wiley & Sons.
This Technical Lunch Forum will be of particular interest to:
- · Sponsors of 401(k) & 403(b) plans who want to understand and fulfill their disclosure responsibilities and fiduciary their 408-b-2 liability exposure
- · Plan Fiduciaries who want to gain a better understanding of their disclosure responsibilities
- · Service Providers to 401(k) and 403(b) plans, especially third-party administrators and investment advisers, who want to enhance their ability to provide quality services to their clients.
- · Those who want a clear understanding of ERISA Expense Accounts
About our Technical Lunch Forums:
The registration fee includes a box lunch. To register for this or any other upcoming event, visit our website at www.WPBCOrangeCounty.org and then select Events from the menu.
Please join us for our next Technical Lunch Forum. This in-depth presentation will include:
- · 408b-2 Disclosure by Service Providers to Plan Sponsors
- o What to look for
- o Fiduciary Requirements
- o Actions that must be taken
- · 404a-5 Disclosure to Plan Participants
- o Importance of documented review of record keeper prepared materials
- o Gross/net fee disclosure
- · ERISA Expense Accounts
- · How to document disclosure compliance
- · Fulfilling fiduciary responsibility to periodically review expenses for reasonableness
- · Opportunities to provide added value services
Our speaker will be:
STUART HACK, JD, CLU Sunlin Consulting LLP
Stuart Hack is a partner with Sunlin Consulting LLP and Vice President of Sunlin Consulting Investment Advisory Services LLC. He advises qualified plan sponsors and record keepers on fiduciary liability exposure management. He designs, implements and monitors fiduciary best-practices programs, including fully documented ERISA 404(a)(5), 404(c) and 408(b)(2) compliance solutions. Stuart also designs and manages ERISA 3(38) fiduciary solutions that record keepers offer to participant-directed defined contribution plan sponsors and financial advisors. His experience includes over 30 years as CEO of a benefits consulting and registered investment advisory firm and the co-founder of a daily recordkeeping service provider. He is past president of the Orange County chapter of the Western Pension & Benefits Council, and author of the textbook Retirement Planning for Professionals, published by John Wiley & Sons.
This Technical Lunch Forum will be of particular interest to:
- · Sponsors of 401(k) & 403(b) plans who want to understand and fulfill their disclosure responsibilities and fiduciary their 408-b-2 liability exposure
- · Plan Fiduciaries who want to gain a better understanding of their disclosure responsibilities
- · Service Providers to 401(k) and 403(b) plans, especially third-party administrators and investment advisers, who want to enhance their ability to provide quality services to their clients.
- · Those who want a clear understanding of ERISA Expense Accounts
About our Technical Lunch Forums:
The registration fee includes a box lunch. To register for this or any other upcoming event, visit our website at www.WPBCOrangeCounty.org and then select Events from the menu.
Please join us for our next Technical Lunch Forum. This in-depth presentation will include:
- · 408b-2 Disclosure by Service Providers to Plan Sponsors
- o What to look for
- o Fiduciary Requirements
- o Actions that must be taken
- · 404a-5 Disclosure to Plan Participants
- o Importance of documented review of record keeper prepared materials
- o Gross/net fee disclosure
- · ERISA Expense Accounts
- · How to document disclosure compliance
- · Fulfilling fiduciary responsibility to periodically review expenses for reasonableness
- · Opportunities to provide added value services
Our speaker will be:
STUART HACK, JD, CLU Sunlin Consulting LLP
Stuart Hack is a partner with Sunlin Consulting LLP and Vice President of Sunlin Consulting Investment Advisory Services LLC. He advises qualified plan sponsors and record keepers on fiduciary liability exposure management. He designs, implements and monitors fiduciary best-practices programs, including fully documented ERISA 404(a)(5), 404(c) and 408(b)(2) compliance solutions. Stuart also designs and manages ERISA 3(38) fiduciary solutions that record keepers offer to participant-directed defined contribution plan sponsors and financial advisors. His experience includes over 30 years as CEO of a benefits consulting and registered investment advisory firm and the co-founder of a daily recordkeeping service provider. He is past president of the Orange County chapter of the Western Pension & Benefits Council, and author of the textbook Retirement Planning for Professionals, published by John Wiley & Sons.
This Technical Lunch Forum will be of particular interest to:
- · Sponsors of 401(k) & 403(b) plans who want to understand and fulfill their disclosure responsibilities and fiduciary their 408-b-2 liability exposure
- · Plan Fiduciaries who want to gain a better understanding of their disclosure responsibilities
- · Service Providers to 401(k) and 403(b) plans, especially third-party administrators and investment advisers, who want to enhance their ability to provide quality services to their clients.
- · Those who want a clear understanding of ERISA Expense Accounts
About our Technical Lunch Forums:
The registration fee includes a box lunch. To register for this or any other upcoming event, visit our website at www.WPBCOrangeCounty.org and then select Events from the menu.
· 408b-2 Disclosure by Service Providers to Plan Sponsors
What to look for
Fiduciary Requirements
Actions that must be taken
· 404a-5 Disclosure to Plan Participants
Importance of documented review of record keeper prepared materials
Gross/net fee disclosure
· ERISA Expense Accounts
· How to document disclosure compliance
· Fulfilling fiduciary responsibility to periodically review expenses for reasonableness
· Opportunities to provide added value services
Friday, March 6, 2015 v11:30 a.m. to 1:00 p.m.
At the offices of Precept Advisory Group, 130 Theory - #200, Irvine, CA 92617
Registration Fee: $25 for Members, $40 for Non-Members
