This position assists the efforts of the managed services team in providing compliance administration services for defined contribution plans (401k, 403b, Money Purchase, etc). The position will be tasked with all aspects of plan administration from validating census data, compliance testing, trust accounting, asset reconciliation, through the completion of the Form 5500 while communicating with the customer throughout the process. Additional responsibilities include working with other members of the ftwilliam.com team on various tasks within the software.
The position requires an independent self-starter with strong attention to detail and the ability to work collaboratively in a team environment. ftwilliam.com compliance module experience is highly preferred.
Duties & Responsibilities
This position entails the following:
Census data validation and annual questionnaire review
Review and track plan document provisions, restatements and amendments
Perform annual data scrub, testing, and track participant balance using the ftwilliam.com compliance module
Perform Trust Accounting
Calculate Employer contributions accurately and timely
Create and complete Form 5500 and other applicable forms and schedules
Create valuation packages for customer review
Assist with training of junior staff members
Provide prompt and professional customer responses
Identify RMD eligible participants
Meet regularly with the managed services team to solve problems and improve processes
Qualifications
Education: Bachelor’s Degree; or equivalent experience
Experience:
3+ years experience with retirement plan administration
Knowledge of regulations and legislation affecting plan documents
Proven ability to communicate complex concepts to internal staff and clients
Prior experience managing a case load is preferred
Other Knowledge, Skills, Abilities or Certifications:
ASPPA or NIPA credentials preferred
Ability to communicate technical concepts to technical and non-technical audiences
Demonstrates good oral and written communication skills
Ability to perform work independently with minimal supervision and to exercise sound, independent judgment, and discretion
Proficiency in MS Office products such as Excel, Word, Outlook, and other typical business software applications
ftwilliam.com software experience preferred
Ability to manage multiple concurrent projects
Analytical and problem-solving skills
Demonstrated aptitude for learning new technologies and processes
TRAVEL: minimal
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Information Services
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