Plan Administrator

Overview

This role supports complex retirement plan administration projects with a focus on technical research, analysis, and guidance to internal and external stakeholders. Expertise in ERISA and plan administration will be used for full plan administration responsibilities as well as special projects led by the Special Projects team.

Responsibilities

Plan Administration & Compliance

• Provide technical compliance tasks across a variety of clients, including DB/DC/H&W 5500 preparation and corrective calculations
• Perform non-discrimination and compliance testing, including ADP/ACP, 410(b) coverage, top-heavy, 415 annual addition limit, 401(a)(4) cross-testing, and other required measurements
• Calculate and allocate employer contributions
• Assist clients with corrections through governmental programs
• Reconcile payroll contributions and employee census to confirm prior activity aligns with prior instructions and to determine current year plan eligibility
• Reconcile trust assets and contributions by interpreting trust financial statements to resolve discrepancies
• Interpret plan document provisions to ensure accurate, compliant administration
• Ensure clients meet government filing and regulatory requirements

Government Filings & Regulatory Support

• Complete, review, and provide audit support for Forms 5500, 5330, 8955-SSA, 1099-R, and related schedules
• Review and validate work completed by other plan administrators and support staff prior to delivery
• Maintain and expand ERISA compliance and software knowledge in line with evolving regulations and technology platform capabilities

Client & Relationship Management

• Build effective working relationships with clients, internal teams, external advisors, recordkeepers, and auditors supporting shared client relationships
• Identify and present opportunities for new business development

Analysis & Communication

• Review, analyze, and summarize plan data in clear, succinct written communication to support advisors, Consultants, and fellow Plan Administrators
• Serve as a technical resource for research and plan analysis projects for internal and external clients

Professional Development

• Comply with continuing education requirements and pursue ongoing credentialing
• Participate in professional organizations and independent study to stay current on ERISA and industry developments
• Apply new knowledge and skills in daily work and share insights with colleagues as appropriate

Requirements

Education

• Bachelor’s degree in business administration, business analytics, mathematical economics, finance, or a related field. Equivalent professional experience will be considered in lieu of a degree.
• High school diploma required.

Experience

• 1–3 years of directly related experience in retirement plan administration and consulting.

Credentialing (one or more preferred)

• ASPPA: Qualified 401(k) Administrator (QKA), Qualified Plan Specialist (QKS), Qualified 401(k) Consultant (QKC), and/or Qualified Pension Administrator (QPA)
• NIPA: Accredited 401(k) Specialist (AKS), Accredited Pension Administrator (APA), and/or Accredited Pension Representative (APR)
• IRS Enrolled Retirement Plan Agent (ERPA)
• NAPA: Certified Plan Fiduciary Advisor (CPFA) and/or Qualified Plan Financial Consultant (QPFC)

Technical Skills

• Experience with Stax.ai, FT William, and PensionPro strongly preferred; familiarity with ASC a plus
• Strong working knowledge of Microsoft Excel, Outlook, and Teams
• High degree of technical and legal knowledge, including familiarity with the Internal Revenue Code and ERISA as they apply to qualified plans

Core Competencies

• Communication: strong oral, written, and interpersonal skills
• Judgment & problem-solving: proven organizational and problem-solving skills; sound judgment on plan design and compliance matters
• Client service: ability to deliver quality customer service while managing multiple tasks with high accuracy
• Ownership: urgency for timely, high-quality completion with attention to detail and confidentiality
• Collaboration: ability to work independently and within a team with a positive, proactive, entrepreneurial mindset

Compensation & Benefits

• Base salary range: $72,000 – $88,000
• Base salary offered will be determined based on factors including experience, credentials, education, certifications, skill level required for the position, scope of the position, and geographic location; actual base salary offered will be determined on a case-by-case basis
• Performance-based incentives may be available in addition to base salary
• PTO & paid holidays
• 401(k) with match
• Exclusive discount programs
• Health & wellness programs

Location

United States, Canada, and the United Kingdom