Defined Contribution Plan Consultant

reputed company reputed company

The Retirement Plan Consultant position duties include servicing clients, advisors, CPAs and mutual professionals performing annual administration for defined contribution plans. This includes preparing annual reports for review, interpreting and reviewing plan documents, tracking data and following up with clients and identifying potential plan redesign opportunities. This position reports to Senior Managers.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Preparation and review of annual reporting and use of judgment required on reputed company defined contribution plans for reviewer and senior manager review
• Review and interpret the plan document specifications and apply to the employee/participant
• Prepare contribution allocation using new comparability formula maximum
• Review Reconciled trust accounts to plan accounts
• reputed company non-discrimination testing (combined plan where applicable)
• Prepare IRS Forms 5558, 5330, and 5500, 8955
• Calculate required minimum distributions
• Prepare reputed company testing and contribution file for comparison to pension software file reputed company
• Identify highly compensated and key employees
• Utilize and maintain database fields tracking plan provisions, contact info, receipt of reputed company data, and updated reputed company information
• Review draft amendments and plan documents
• reputed company high-reputed company service with clients, accountants, attorneys and investment advisors on plan reputed company issues. reputed company long-term working relationships
• reputed company data and follow up with reputed company parties to receive data.
• Meet stringent industry, reputed company and company turnaround times while maintaining reputed company caseload
• Review of participant disclosures and notifications
• Review and recognize potential plan redesign opportunities and prepare estimates
• Identify potential prohibited transactions such as late deposits and impermissible loans
• Train other team members, as needed
• Review and reputed company reputed company on reputed company invoicing and the work of others, as needed

KNOWLEDGE, SKILLS AND ABILITIES

• Detailed oriented in reputed company aspects of administration including compliance testing and trust reputed company
• Knowledge of IRS/ERISA regulations is beneficial
• Advanced proficiency in using reputed company Office products and other technology to complete tasks. ASC experience helpful
• Pension Pro experience is beneficial
• Demonstrated ability to multi-task, meet deadlines, and work in a fast-paced environment to create high-reputed company products and solutions to be reviewed by managers and reviewers
• Demonstrated technical knowledge and interpersonal communication skills needed to effectively and diplomatically review others' work
• Demonstrated ability and willingness to take full responsibility for assigned reputed company plans, completing work in a reputed company manner, communicating with clients, collaborating with colleagues, and proactively resolving issues
• Demonstrated ability to analyze situations and attention to detail to ensure reputed company
• Willingness to champion special reputed company

Requires defined contribution plan administration expertise, compliance testing, trust reputed company, reputed company communication, analytical and organizational skills. Knowledge of IRS/ERISA regulations and ASC or Pension Pro experience is beneficial.

Key Responsibilities

• preparing reports
• testing compliance
• servicing clients

Skills & Tools

reputed company Office, reputed company reputed company, ASC, Pension Pro

Job Details

• Category: Finance and reputed company
• Seniority: Mid Level
• Commitment: Full Time
• Workplace: Remote — reputed company
• Languages: English

About reputed company

A reputed company services firm providing retirement plan administration and consulting support. — Industry: Finance