might require eligible participants to be automatically enrolled in a 401(k)
plan until and unless they specifically opt out. The plan could also require
this automatic enrollment to be at a specified contribution rate which could
go up over time. Even though participants might usually set their own
contribution rates or amounts, this might still be something the recordkeeper
needs to deal with. Fortunately, Relius Administration has several tools
available to help manage this process easily and efficiently.
10:00 AM to 10:15
10:15 AM to 11:00
Presenter: Mark Reasoner
Description: When transactions are posted, the records
in Relius should match the records at the custodian. At the least, there
needs to be a way to compare the records to see if there are any differences.
Relius Administration allows you to manually enter or import cash balances
from a custodian and compare this to the calculated balance in Relius. Then
you can reconcile your cash balances by identifying any differences between
what has been processed through Relius and what has been processed through
the custodian. You can also offset Relius transactions with custodian
11:00 AM to 12:00
Investment Table and Investment Models
Investment Table is used with every plan in Relius Administration but there
is a lot more there than just IDs, Names, and Prices. And then there are
Investment Portfolios or Models. These are a group of investments designed to
give the participant the benefit of research, risk tolerance and other
factors. Usually designed to meet a specific goal, models can streamline
options, serve as specific choices or even be the default investment
selection. And they don’t have to be restricted to just one plan.
12:00 PM to 1:00 PM
1:00 PM to 2:00 PM
Presenter: Mark Reasoner
the other side of the web—the proper setup of participant web. This includes
features such as requesting transactions, reports, loans, allocation changes,
etc. There is a wealth of information we can make available to our
participants, and even some things we can have them do.
2:00 PM to 2:45 PM
Description:We can spend a lot of time doing
things every day that could be done automatically. Straight Through
Processing (STP) can automate things like importing files, processing
transactions, generating trades and running reports. We can’t cover it all in
one session, but this session will introduce how STP can help.
2:45 PM to 3:00 PM
3:00 PM to 4:00 PM
What’s New and
Questions and Answer Session
Description: Get all
of your Relius Administration questions answered in this informative
session.Just submit your questions
with your registration form or bring them to the meeting.Also, find you what has been released
recently and what’s scheduled to be released in upcoming versions.
Next Meeting Date:
ABOUT THIS GROUP
The purpose of the Western
Pennsylvania User group is to provide out members with the most current
information about Relius Administration and other Relius products.We offer low cost training for your
employees, a chance to make enhancement requests directly to Relius, as well as
previews of software releases.
The fall meeting for the Western Pennsylvania Relius Users Group
(WPAU) has been scheduled for Thursday, May 17th at the Hilton Garden Inn
in Cranberry Township, PA.
We are very excited to be presenting another round of exciting
sessions. We’re also asking that you submit a question when you register so
that we can have an interactive Q&A session that addresses your specific
concerns. There’s no doubt that everyone can benefit from attendance at this
meeting, regardless of qualified retirement plan experience or familiarity with
the Relius suite of products.
**Please be sure to bring along your thoughts, ideas, questions and
comments. The more interaction we have from all group members, the more beneficial
it is for everyone.**
If you have any questions, please contact Jan Davis at (440)
498-8408 or email@example.com or Stephanie Hepler at (412) 263-0102 or firstname.lastname@example.org. Registration Fee: $100.00
Fee includes: Continental breakfast, lunch and all training
sessions Hilton Garden Inn 2000 Garden View Lane (GPS Users use 7076 Franklin Road) Cranberry Township, PA 16066 Phone (724) 779-9999
Membership is free.
* Jan Davis, President Noble-Davis Consulting, Inc.
6190 Cochran Road, Suite D
Solon, OH 44139
Stephanie Hepler, Treasurer Dunbar Bender & Zapf, Inc.