Plan Compliance Analyst/Administrator

Job Description

Our client is a growing financial services company, and we’re searching for an experienced Retirement Plan Administrator. This role is a associate level position within the Third-Party Administration Department. Each associate works directly with a manager to learn aspects of retirement plan administration, compliance, and accounting.

About You

You enjoy a challenge and have an aptitude for math and logic. You enjoy helping customers and take pride in delivering quality work. You enjoy learning and improving your skills.

About Us

Our client is a leading franchise and small business funding provider. They help businesses get their doors open and then get bigger. It’s a big job, and we need people with big goals, big ideas, and big hearts to do it. Our team is small but mighty. We work hard to get the job done but take time to incorporate fun to help us stay connected and energized.

You will learn about a dynamic industry, while having the opportunity to make contributions from day one. Our teamwork-focused culture encourages collaboration, creative problem-solving, and delivery of top-notch services.

Earnings

N/A

Duties

• Maintain client accounts
• Advanced client communication and inquiries (corrections, control group, RMD, compliance testing)
• Educate clients regarding Employee and Employer contributions
• Consult regarding exit strategy and facilitate plan termination process
• Facilitate additional investments
• Educate employer about responsibility to the 401(k) and employees (i.e., enrolling)
• Document all plan transactions during the year (loans, distributions, rollovers, contributions)
• Prepares all required and optional plan amendments and restatements
• Perform year-end review of client data
• Prepare plan financials and 5500 with all schedules
• Perform compliance testing
• Determine eligible employees based on census and plan document eligibility parameters
• Invite clients to sign 5500 and follow up as needed
• Communicate with accountants/CPAs regarding their clients’ ROBS plans
• Provide training to staff as needed
• Other Projects as Needed

Requirements

• High school diploma
• Advanced typing and data entry skills
• Proficiency in Microsoft Office suite with intermediate to advanced skills in Excel
• Strong analytical and mathematical skills
• Works well in a high-volume production environment
• Excellent customer service skills with high attention to detail
• Positive attitude and team-oriented
• 3+ years retirement plan industry experience
• ASPPA / QKA credentials is a plus

License / Certification

• ASPPA/QKA (Plus - not required)

Benefits

• Health Insurance (Generous Employer Contribution)
• Dental, Vision, Short-Term Disability, Long-Term Disability, Life/AD&D Insurance plans
• 401(k) Plan with employer contribution
• Competitive salary
• PTO & Paid Holidays
• Medical & Dependent Care Flexible Spending Account (FSA)
• Varying degrees of remote work dependent on experience and location
• Continuing Education opportunities (QKA certification, ASPPA membership, etc.)

Category

Financial Services