We understand the opportunity of large contributions for key personnel that make this plan design attractive but have many questions on the practical matters of administering the plan each year. This session will take on those topics and provide a greater understanding of the non-actuarial points of administration including: • Why is a Cash Balance Plan operated in combination with a 401(k) Plan and how are the employer contributions to the 401(k) Plan affected.
• Flow of communication between the TPA and Consulting Actuary for calculation of the contributions and preparation and filing of the Form 5500 series return.
• Deduction Limitations and Non-Discrimination Testing
• How does the investment return affect the calculation of the contribution to the Cash Balance Plan..