To register for Relius Education seminars and conferences, please login or register for a new login account before proceeding. For more information, please see the Benefits of a Relius User Login Account. For assistance, please contact Client Services at 800-326-7235, and select Option 6.

Fundamentals of Cross Tested Plans - A Three-Part Program
Presentor: Derrin Watson Recorded Date: 11/2/2015 Duration: 300 Min.

This program was recorded during live presentations given on November 2, 9, and 23, 2015 at 12:00PM EST.

Cross-tested plans continue to grow in popularity as more and more employers and practitioners realize the value of this plan design. But while software can do a great job of performing the detailed calculations this plan design requires, software cannot substitute for human creativity. Creativity is vital for efficient and effective design and administration strategies. But you cannot fully exercise that creativity without first understanding what’s going on “under the hood” of your software.

Join us for this three-part Web seminar as Derrin Watson walks you through each step of the fundamentals of cross-tested plans to help you better understand how to calculate benefit rates, test a plan for nondiscrimination, and design a cross-tested plan.

This is a "must-attend" program for those retirement plan professionals who are new to cross-testing, and is a great review of fundamental principles for the experienced specialist. Understanding the principles of cross-testing is essential to understanding our upcoming advanced cross-testing web seminar.

Topics include:

  • Cross-Testing Principles
  • Converting Contributions to Benefits
  • Age-Based Design
  • Minimum Gateway Contributions
  • Simple Cross-Tested Design
  • Cross-Tested 401(k) Designs
  • Group structure
  • Troubleshooting

There is no advance preparation for this program. However, participants should have a working knowledge of 401(k) operation and testing, and coverage testing.

Level: Intermediate

Instructional Delivery Method
Group – Internet-Based

Speaker: S. Derrin Watson, J.D.
Recipient of ASPPA's 2006 Educator of the Year Award

Objectives: At the conclusion of these programs, attendees should be able to:

  • Determine the relevant nondiscrimination test for different types of contributions
  • Perform the average test for both coverage and nondiscrimination
  • Convert Allocation Rates to Equivalent Benefit Accrual Rates
  • Design an age-weighted plan
  • Design and test a cross-tested
  • Determine if a cross-tested plan must provide a minimum gateway contribution, and, if so:
    • Calculate the required gateway
    • Determine the contributions which can satisfy the gateway
    • Determine which participants must receive the gateway
  • Design and test a cross-tested safe harbor 401(k) plan

All ownership and intellectual property rights in and relating to this website and all of its contents or any copies thereof, including but not limited to copyrights, logos, trademarks, service marks, design, text, videos, sound recordings, images, links, graphics, code, concepts and themes are owned by SunGard and/or its subsidiaries (collectively "SunGard") or used under authorized license by the SunGard. Any recording, reproduction, transmission, distribution, publication, performance, broadcast, hyperlink, creation of derivative works or other use in whole or in part in any manner without the prior written consent of the SunGard is expressly prohibited. Without the prior written consent of the SunGard, you shall not insert a hyperlink to this website or any part thereof on any other website or "mirror" or frame this website, any part thereof, or any information or materials contained in this website on any other server, website or webpage.