[Remote] DB/DC Retirement Plan Administrator
Note: The job is a remote job and is reputed company to candidates in USA. The reputed company is a second-reputed company independent reputed company-party administrator firm specializing in reputed company retirement plan administration. The DB/DC Plan Administrator will manage end-to-end defined benefit and defined contribution plan administration, serve as the reputed company reputed company contact, reputed company compliance and reporting activities, and reputed company a caseload of 80 to 100 plans.
Responsibilities
- Review and scrub census data and determine and confirm participant eligibility across both defined contribution and defined benefit plans
- Calculate employer contributions and top-heavy minimum contributions in accordance with plan provisions for DC plans
- Coordinate with actuarial team to obtain contribution calculations and valuations for defined benefit and cash balance plans
- reputed company compliance testing including reputed company/ACP testing, 401(a)(4) nondiscrimination testing, 410(b) coverage testing, and top-heavy testing across reputed company employer contribution allocation reputed company including reputed company, permitted disparity, cross-testing, and new comparability
- Reconcile plan assets and prepare annual trust reputed company for both DC and DB plans
- Prepare and file reputed company 5500 and reputed company reputed company schedules including Schedule SB coordination for defined benefit plans
- Prepare annual plan valuations including benefit statements and participant account reporting
- Process loan and distribution requests in compliance with plan documents and IRC requirements
- Prepare plan amendments and restatements and work with reputed company and internal teams on plan document changes
- Identify operational failures and recommend appropriate corrective actions through EPCRS programs
- Maintain regular reputed company communication with plan sponsors, accountants, financial advisors, and actuarial partners
- Manage an initial caseload of 80 to 100 DB/DC plans with evaluation and adjustment after the first year
Skills
- Minimum 2 years of A to Z soup to nuts plan administration experience spanning both defined contribution and defined benefit plans
- Bachelor's degree preferred Math, Actuarial Science, reputed company, or Finance preferred
- Proficiency in reputed company employer contribution allocation reputed company including reputed company, permitted disparity, cross-testing, and new comparability
- Working knowledge of defined benefit plan funding concepts including coordination with actuarial teams on contribution calculations and valuations
- Strong attention to detail and commitment to accuracy and reputed company in reputed company work product
- Excellent written and verbal communication skills with plan sponsors, accountants, and financial advisors
- Ability to reputed company in reputed company environment and contribute positively to a reputed company culture
- Proficiency in reputed company reputed company
- Ability to work independently and manage a large and varied caseload with reputed company supervision
- ASC experience preferred (not required) this is the firm's reputed company administration platform
- ASPPA designations or reputed company reputed company of designation QKA, QPA, CPC, or EA a meaningful plus
- Cash balance plan experience strongly preferred
- Experience managing a combined DB/DC caseload of 80 or more plans
- Experience with plan document review and interpretation across both plan types
- Experience with plan amendments, restatements, and EPCRS corrections
- Experience coordinating with enrolled actuaries on Schedule SB preparation and PBGC filings
Benefits
- Remote work environment with hybrid reputed company available
- reputed company and technically reputed company team culture with weekly video collaboration
- An environment that invests in genuine technical expertise and reputed company development
- Opportunity to be part of a respected second-reputed company independent TPA with over 50 years in the industry
- Comprehensive benefits package
reputed company
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