Retirement Plan Administrator

Job Description

Networks Connect is seeking a Retirement Plan Administrator that will work remotely. Our client a small Third Party Administrator and Actuarial Consulting firm is seeking a Retirement Plan Support Administrator to join their team in a full-time capacity. The position will be responsible for managing a caseload of 401(k) and Profit Sharing plans and will be required to perform all fundamental tasks necessary for plan administration. The position will have a support team member assigned to assist with the administration duties.

Duties and Responsibilities

• Manage client relationships and provide support to plan contacts
• Manage workflow and deadlines for block of assigned plans
• Prepare Annual Valuation Reports
• Prepare Forms 5500 and 8955-SSA
• Perform Trust accounting / asset reconciliation
• Collect and analyze employee census information
• Prepare data gathering packages to initiate client/plan servicing cycle
• Review, understand and apply plan specifications
• Determine plan eligibility and vesting
• Perform statutory testing (Nondiscrimination, coverage and top-heavy)
• Prepare contribution calculations, including cross-tested formulas
• Prepare annual Safe Harbor Notices
• Import, export and manipulate financial data from various recordkeepers
• Manage and review workflow for support team member
• Provide oversight and communications related to plan distributions and loans

 

Skill Requirements

• 3+ years experience in Defined Contribution Administration
• ASPPA designations preferred, but not required
• Datair Pension System experience preferred, but not required
• Exceptional organizational skills
• Attention to detail
• Strong computer skills, proficiency in Microsoft Office required
• Strong written and verbal communication skills
• Ability to set priorities and meet deadlines
• Ability to work effectively both independently and in a team environment

 

Our client values career employees and provides comprehensive employee benefits. In addition to a competitive salary, benefits include flex-time, PTO, 401(k) plan, a Section 125 flexible benefits plan and employer-paid GTL, LTD & STD plans.

The position offers significant exposure to and room for advancement in the field of Retirement Plan Administration. Candidate is expected to participate in continuing education through ASPPA with 100% company paid expense reimbursement plus bonuses for successful completion.

Job Type: Full-time

Benefits:

401(k) plan

401(k) employer contribution

Flexible schedule

Flexible spending account

Health insurance

Life insurance

Paid time off

 

Schedule:

Monday to Friday, flexible hours

Work Location: Remote

 

Earnings

$65,000 -$105,000 salary

Category

Revenue Cycle