Job Description
ABOUT OUR CLIENT: MP's client is a leading provider of retirement plan and fiduciary outsourcing solutions nationwide. As one of America's oldest independent fiduciaries, they deliver retirement plans that run with less risk, greater efficiencies and improved outcomes. With an 80-year legacy of fiduciary expertise and oversight unmatched in the industry today, they partner with firms at the advisor, sponsor and enterprise level to bring maximum flexibility to every opportunity, offering a comprehensive array of retirement plan solutions, plan consulting, TPA services and fiduciary support.
WHO YOU ARE: One that works with a high level of confidentiality and the ability to work as part of a team, while independently managing accounts with minimally required supervision. Excellent communication skills and full understanding of the importance of customer service is a must.
WHAT YOU WILL DO: Administrator provides support and works directly with an assigned Team to support Account Managers in retirement plan compliance work. This position requires excellent analytical abilities, attention to detail, accuracy and problem-solving ability.
KEY ACCOUNTABILITIES: - Request, track and monitor year-end data from clients
- Review year-end data submitted & addressing issues with the information with client
- Request missing year-end data (substantial client interaction involved)
- Import census and contribution information into compliance testing system
- Run eligibility transactions into compliance testing system, interacting with clients to resolve issues
- Download various investment information from vendor websites
- Upload financial information into compliance testing system
- Allocate plan contributions; gain/loss; transfers and loan repayments
- Reconcile contributions by employer with contributions deposited at vendor
- Prepare Form 5500SF independently
- Preparing Form 8955-SSA
- Invite client / 3(16) Administrator to electronically sign 5500
- Prepare vesting uploads for various vendors and uploads to their site
- Process participant address changes, enrollment and beneficiary forms
WHAT YOU NEED: - Bachelor's degree OR 2 years of Retirement and/or Benefits experience
- Minimum 2 years in administration or similar role in retirement administration
- Experience working in Excel and other Microsoft applications/software
- Excellent math skills
- Experience with Relius
- Experience with Salesforce
- Experience with FT Williams
ADDITIONAL INFORMATION: - $55k - $60k annually
- Medical, Dental, Vision, and more!
- Remote
Job Tags
Remote work,