Retirement Plan Consultant
| Company | Ascensus |
|---|---|
| Location | Horsham, PA, USA, Austin, TX, USA, Jackson Township, NJ, USA, Greensboro, NC, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- Bachelors degree preferred
- 3-5 or more years ERISA experience in the retirement industry
- Experience in analysis of financial data required
- Strong Word, Excel, and Outlook skills
- Strong written and oral communication skills
- Strong analytic mentality associated with problem solving skills
- Detail oriented with the ability to prioritize and manage tasks to partner with business operations, including related ERISA compliance matters
- Ability to effectively plan and assign work to and oversee plan associates that are qualified to assist with plan modifications
Responsibilities
- Provide timely, exceptional customer service, including problem solving and issue resolution with minimal inconvenience to clients
- Provide effective verbal and written communications in a clear, concise and informative manner
- Act as a mentor to Retirement Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations, as applicable
- Assist clients with all initial and ongoing plan design and document needs, including promoting awareness and educating all clients in regards to their obligations with the IRS and DoL regulations
- Assist clients in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan
- Assist clients with Service and IRS Plan terminations
- Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
- Complete/Assist with payroll processing as required by the products assigned
- Accountable for all aspects of valuation reports, participant statements and annual testing
- Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 401(a)(4),deductibility, and 402(g)
- Work with assigned coordinator(s) to provide compliant and accurate valuation reports, participant statements, trust accounting, annual testing and reporting as applicable
- Review distribution paperwork and coordinate processing of distributions with asset holder
- Review loan paperwork and coordinate processing of loans with asset holder
- Review or prepares Form 5500 and coordinate with plan sponsor to help ensure timely filing
- Assist auditors if a plan is subject to an audit
- Assist IRS and DOL auditors, if the plan is subject to an IRS or DOL audit
- Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients (including but not limited to actuaries, financial advisors, attorneys)
- As applicable, work with assistant to coordinate and oversee activities that will ensure timely and accurate completion of book of business
- Assist with other tasks and projects as assigned
Preferred Qualifications
- Experience in Relius software desirable, but not required