Retirement Plan Administrator - Plan Terminations - Remote
About the Role
We are seeking a dedicated and detail-oriented Retirement Plan Administrator - Plan Terminations - Remote to join our team. In this role, you will be responsible for managing the termination processes of retirement plans, ensuring compliance with IRS and DOL regulations. As a key member of our team, you will contribute to the successful administration of retirement plans while working remotely.
What You'll Do
- Oversee and manage the termination of retirement plans, ensuring all processes are compliant with ERISA regulations.
- Prepare and file IRS Form 5500 and other necessary documentation related to plan terminations.
- Conduct compliance testing and nondiscrimination testing for 401(k) plans.
- Collaborate with clients to provide exceptional service and support throughout the termination process.
- Utilize tools such as PensionPro and FTW for effective plan administration and data analysis.
- Maintain accurate records and documentation for all retirement plan activities.
- Work closely with team members to ensure a smooth transition for clients during plan terminations.
- Stay updated on changes in regulations and industry standards to ensure compliance.
Requirements
- 3-5 years of experience in retirement plan administration or related field.
- Strong knowledge of IRS and DOL regulations, ERISA compliance, and retirement plan operations.
- Experience with compliance testing, including nondiscrimination testing for 401(k) plans.
- Proficiency in Microsoft Office Suite and experience with retirement plan software such as PensionPro.
- Excellent communication skills and ability to manage client relationships effectively.
- QKA certification is a plus.
- Strong analytical skills and attention to detail.
Nice to Have
- Experience in project management related to retirement plans.
- Familiarity with payroll processing and asset valuations.
- Ability to work independently and as part of a collaborative team.
What We Offer
- Competitive salary with an annual bonus.
- Fully remote work options or hybrid work arrangements.
- Opportunities for professional development and growth.
- A collaborative and supportive work environment.
- Comprehensive benefits package including health insurance and retirement plans.
- Flexible work hours to promote work-life balance.
This Retirement Plan Administrator role offers a unique opportunity to manage plan terminations remotely while ensuring compliance with regulations. Competitive salary and professional growth are key highlights.
Who Will Succeed Here
In-depth knowledge of IRS Regulations and DOL Regulations, with practical experience in ERISA Compliance to ensure all retirement plan terminations adhere to legal standards.
Strong analytical skills with proficiency in data analysis tools and Microsoft Office to effectively manage retirement plan data and generate compliance reports.
A proactive problem-solver with a detail-oriented mindset, capable of navigating complex regulatory environments while effectively communicating with clients to address their concerns remotely.
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