401(k) plans have become the retirement vehicle of choice for employers of all sizes.  Code Section 401(k) generally allows employers to establish a "cash or deferred" arrangement under which eligible employees may elect to make pre-tax contributions under a tax‑qualified defined contribution plan.  A number of rules apply to these plans, including special nondiscrimination rules under sections 401(k)/(m) and in-service withdrawal restrictions.  The panel will, among other topics, cover the following:

·         What qualifies as a "cash or deferred" arrangement (CODA)

·         Automatic enrollment and related ERISA fiduciary issues

·         The actual deferral percentage (ADP) and actual contribution percentage (ACP) nondiscrimination tests and correcting ADP/ACP failures

·         In-services withdrawal restrictions/rules

·         The "contingent benefit" rule

·         The special "safe harbor" contribution rules

Moderator:

David Mustone, Hunton & Williams, McLean, VA

Speakers:    

Greta E. Cowart, Haynes and Boone, LLP, Dallas, TX

Lois Wagman Colbert, Kilpatrick Stockton LLP, Raleigh, NC

Benjamin F. Spater, Trucker Huss, APC, San Francisco, CA