EBP2411. Foundations and Intricacies of Compensation (Part II)

This is part two of a two-part series on compensation in employee benefit plans. It's not uncommon to find errors in the application of a plan’s definition of compensation. However, truly understanding a plan’s definition of compensation is not always straight forward.

Learning Objectives:

• Identify what auditors are finding related to definitions of compensation issues
• Determine the best-in-class practices related to applying definitions of compensation
• Identify correction methodologies for errors found in applying definitions of compensation
• Calculate reporting impact of findings and corrections