Retirement Plan Consultant

Why work at Definiti? If you consider yourself a problem solver and appreciate working autonomously, a career at Definiti may be perfect for you. You’ll be able to directly contribute to the security and success of meaningful retirements for thousands while helping build a growing company. Most positions are fully remote, which provides work-life balance while working with, and for, your colleagues and clients. Definiti not only invests in the tools and retirement service technology to help you be successful in your role, but also supports your professional growth with training and certifications.Definiti is a national retirement services company that helps clients manage and administer their retirement plans. We help clients define what's possible and what’s next for their retirement plans.
Purpose of position
The Retirement Plan Consultant (RPC) will be responsible for the day-to-day management of an assigned caseload of client plans with a focus on smaller, less complicated plans.
Primary Duties and ResponsibilitiesSingle point of contact and ownership for assigned clientsProvide support to Senior Retirement Plan Administrators and assist in training of Associate Retirement Plan AdministratorsProvide support to financial advisors and referral sourcesAbility to accurately interpret and apply plan document provisionsEnsure compliance with DOL and IRS requirementsAnnual compliance testing for assigned clients (402(g), 415(c), 410(b), ADP/ACP, Plan Limits, Top Heavy, etc.)Preparation and filing of Form 5500 and related schedulesPrepare projected and actual employer plan contribution calculations using all types of allocation methodsAssist clients with locating missing participants and securing ERISA bondingRequired Minimum Distribution (RMD) determination and processingEnsure proper coordination and delivery of annual required noticesRepresent the company on client calls and in client meetings, as neededHave a working knowledge of custodian websites and processesReview of Associate Retirement Plan Administrator work for assigned clientsSupport the retirement plan implementation, conversion, de-conversion and termination processesOversee plan assignments of a minimum of 40 to maximum of 110
Requirements
Competencies RequiredUnderstand requirements for QDRO supportUnderstand new comparability concepts and general testingUnderstand basics of control and affiliated service groupsUnderstand MEPs, non-qualified plans, DB and CB plan conceptsHigh Proficiency in Microsoft Office SuiteDemonstrated excellence in written and verbal communicationMust be detailed and possess strong organizational skillsTime management focused adhering to deadlines and timelines
Education and QualificationsHigh school diploma or GED requiredBachelor’s Degree in Accounting, Finance, or related field preferredMinimum 2 years of experience in a financial services operation’s environmentASC knowledge strongly preferredBroad knowledge of the retirement plan industry, willingness to obtain ASPPA QKA designation or NIPA equivalent
Remote Working RequirementsAs a remote-first company, we have compiled expectations for a successful remote work environment:Ability to build rapport with others remotely while working productively with limited in-person interactionDesignate a quiet, and well-lit space with a fast internet connection for your workspace, free of as many distractions as possible·Be online and available during designated business hours in local time zoneAccustomed to using Microsoft Teams or virtual-meeting applications to work with colleagues regularly on video and use the chat feature for quick communicationsAccustomed to file-storage and file-sharing tools such as Microsoft SharePoint and Citrix ShareFile
BenefitsDefiniti has a dynamic, growth-focused culture, and we are committed to offering attractive employee-centric benefits, including:A virtual-first work philosophy401(k) with up to 4% matchGenerous paid time off starting with four weeks, in addition to 9 paid holidays and 2 paid floating holidaysA variety of medical, dental and vision plan options including Definiti subsidized premiumsCompany-paid life insurance and short-term disability insuranceBonus plan eligibility