Looking For experts in 401K Compliance Testing | Retirement Domain

Congruent Solutions; Chennai District; On-site; INR 700,000 - 1,100,000; Full time

Benefits offered by this job

Shift allowances & Cab facilities are

Job summary

Congruent Solutions in Chennai (Guindy) seeks a compliance testing specialist to support defined contribution plans and Form 5500 filings. This is a Work from Office role based in Chennai, India.

You will validate contributions, apply ERISA rules, and assist with 5500 schedules. Proficiency in MS Office and strong analytical skills are essential for client requirements.

Qualifications

• Experience in Compliance Testing, 401k, Defined Contribution, form 5500, ADP/ACP.
• Understanding ERISA rules and IRS plan documents.
• Preparation and filing of 5500 forms and related schedules.

Responsibilities

• Responsible for performing compliance processing and testing of defined contribution plans.
• Applying retirement plan regulations and plan provisions to a variety of retirement plans and providers.
• Understanding Employee Retirement Income Security Act (ERISA) rules and IRS plan documents.
• Validating contributions based on client requirements and performing testing: 402g, ADP/ACP, 410B, 415, 414s, 401(a)4, 416; analyzing results and applying corrections.
• Preparation of 5500 forms, schedules, 8955-SSA & 5558.

Skills

MS Office

Analytical thinking

Problem-solving

Compliance testing

401k knowledge

Defined contribution

Form 5500

ERISA knowledge

ADP/ACP testing

Job description

Work Location - Chennai (Guindy)

Work Mode - Work from Office

Primary Job Function:

• Compliance testing (all types of contribution calculation and non-discrimination test)
• Form 5500 preparation (Audited and non-audited plans)

Roles & Responsibilities:

• Responsible of performing compliance processing and testing of defined contribution plans.
• Applying retirement plan regulations and plan provisions to a variety of retirement plans and providers.
• Understanding Employee Retirement Income Security Act (ERISA) rules and Internal Revenue Service (IRS) plan documents.
• Validating contribution based on Client requirement and performing Testing: 402g, ADP/ACP, 410B, 415, 414s, 401(a)4, 416 tests. Analyzing the testing results and performing correction methods for failures.
• Preparation of 5500 forms, schedules, 8955-SSA & 5558.

Skills Required:

• Proficiency in MS Office
• Strong analytical and problem-solving abilities
• Experience in Compliance Testing, 401k, Defined Contribution, form 5500, Problem Solving ADP / ACP

Perks & Benefits:

Shift allowances & Cab facilities are available.