401(k) Specialist

Kestra; Town of Avon (NY); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Paid Holidays

Paid Time Off

Employer Retirement Match

Training & Development

Job summary

Kestra Financial Independent Advisor is seeking a knowledgeable 401(k) Specialist to manage and administer client retirement plans, ensuring ERISA and IRS compliance while delivering exceptional service. You will educate plan participants and assist with plan documentation, reporting, and recordkeeping.

Collaborating with compliance and accounting teams, you will help ensure accurate contributions and distributions while handling inquiries with a client-focused approach and meticulous attention

Qualifications

• Bachelor's degree in finance, business, or related field.
• Minimum of 2 years of experience in 401(k) plan administration.
• Strong understanding of ERISA, IRS regulations, and compliance issues related to 401(k) plans.
• Excellent communication and interpersonal skills.

Responsibilities

• Oversee and manage 401(k) plans for clients to ensure compliance with ERISA and IRS regulations.
• Provide education and communication to plan participants regarding their benefits and options.
• Assist with plan documentation, reporting, and recordkeeping.
• Respond to client inquiries and resolve issues related to plan administration.
• Monitor plan performance and make recommendations for improvements.
• Stay updated on regulatory changes impacting retirement plans and communicate relevant information to clients.
• Work collaboratively with compliance and accounting teams to ensure accuracy in plan management.

Skills

ERISA regulations

Communication skills

Analytical thinking

Detail oriented

Multitasking

Education

Bachelor's degree in finance or related field

Tools

Microsoft Office

Retirement plan recordkeeping systems

Job description

Kestra Financial Independent Advisor is looking for a knowledgeable and detail-oriented 401(k) Specialist to join our team. In this role, you will be responsible for managing and administering 401(k) plans for our clients, ensuring compliance with regulatory requirements and providing excellent service to plan participants. You will work closely with clients to tailor solutions that meet their retirement needs, educate employees about their options, and assist with any inquiries related to their 401(k) plans. A strong understanding of retirement plan regulations and the ability to navigate complex financial concepts will be essential for success in this position. You will also collaborate with internal teams to deliver contributions and distributions accurately and on time, all while maintaining a client-focused approach. If you are passionate about helping others plan for their financial future and possess a meticulous attention to detail, we would love to hear from you!

Responsibilities

• Oversee and manage 401(k) plans for clients to ensure compliance with ERISA and IRS regulations
• Provide education and communication to plan participants regarding their benefits and options
• Assist with plan documentation, reporting, and recordkeeping
• Respond to client inquiries and resolve issues related to plan administration
• Monitor plan performance and make recommendations for improvements
• Stay updated on regulatory changes impacting retirement plans and communicate relevant information to clients
• Work collaboratively with compliance and accounting teams to ensure accuracy in plan management

Requirements

• Bachelor's degree in finance, business, or a related field preferred
• Minimum of 2 years of experience in 401(k) plan administration or similar retirement plan experience
• Strong understanding of ERISA, IRS regulations, and compliance issues related to 401(k) plans
• Excellent communication and interpersonal skills
• Detail-oriented with strong analytical and problem-solving skills
• Proficient in Microsoft Office Suite and retirement plan recordkeeping systems
• Ability to work independently and manage multiple priorities effectively

Benefits

Paid Holidays and Paid Time Off

Retirement plan with employer match

• Retirement Plan (401k, IRA)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Training & Development