Job Description

Job Description

Job Description

ABOUT OUR CLIENT:

MP's client is one of the largest independently owned insurance brokerage firms in the country providing a full range of employee benefits, compliance, and HR consulting services, along with retirement solutions for both the private and public sectors. The business was formed in 2008 and today serves over three million participants nationally in the K-12, Corporate and Government markets.

WHO YOU ARE:

The Defined Contribution Administrator will be part of the thought leaders, seasoned benefits and retirement planning professionals. This person will work in an A-to-Z shop and will need to have a strong compliance background. You must be able to perform some administration and then begin migrating over the near term to a more consultative model, whereby the incumbent begins using the back-office support for most of the clerical work while they take a more interactional role with clients. This role will act as the liaison to deliver the compliance work and testing results. This person must ensure quality client service and is ultimately accountable for the clients' overall satisfaction.

KEY ACCOUNTABILITIES:

• Create plan documents, including required and discretionary plan amendments.
• Complete annual retirement plan administration, including trust accounting, eligibility and vesting calculations, discrimination testing, valuation reports and participant statements, contribution calculations, distribution processing and loan administration.
• Prepare Form 5500 filings and other government filings, such as Form 8955-SSA
• Work with clients on IRS/DOL correction programs and audits
• Coordinate notices and required disclosures to clients
• Build and maintain client relationships aimed at client retention by understanding the client's organization, procedures, internal policies and overall business needs.
• Provide proactive consultation on plan design and funding objectives for clients
• Research and resolve inquiries from company owners, plan trustees, human resources, payroll personnel, brokers, CPAs, and investment advisors.
• Coordinate and direct client activities with other team members. Review peer and back-office work products.

WHAT YOU NEED:

• Bachelor's degree
• Experience with third party administration (TPA)
• Must have an understanding of asset reconciliation
• Must be able to conduct contribution calculations
• Minimum of 4 years' experience in the retirement plan service area
• ASPPA QKA or ERPA designation, preferred.

ADDITIONAL INFORMATION:

• Location: Remote
• Compensation : $80-$85k base plus 10% bonus Opportunity
• Job type: exempt/full-time/direct hire

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