Combo Retirement Plan Administrator

Strongpoint Partners; United States; Remote; USD 85,000 - 95,000; Full time

Benefits offered by this job

Flexible Workplace: Hybrid and remote

Flexible PTO

Inclusive Environment

Growth Opportunities

Comprehensive Benefits

Job summary

Strongpoint Partners is seeking an experienced Retirement Combo Plan Administrator to join our fully remote team in the United States. You will work closely with in-house actuaries, maintain client relationships, and contribute to a collaborative plan benefits team.

This role requires at least 5 years of experience in administration of qualified combo plans, a related bachelor’s degree, and strong organizational and client-service skills.

Qualifications

• Minimum of 5 years experience in administration of qualified combo plans.
• Bachelor’s Degree in Actuarial Science, Mathematics, Business/Finance, Accounting, Economics or other related fields.
• Highly organized and extremely detail-oriented.
• Ability to work well with others and be a team player in a fast-paced environment.
• Ability to prioritize and multi-task.
• Passion for client service.
• Ability to work independently in a remote work environment.
• ASPPA and/or NIPA credentials preferred, or willingness to work towards credentials.
• Experience with Relius and FT William benefits software is preferred.

Responsibilities

• Perform A-Z administration and manage a caseload of approximately 80 small combo plans.
• Interpret DB/Cash Balance plan valuation elements and communicate issues to actuaries/clients.
• Prepare Annual Valuation packages and related IRS forms.
• Plan design for existing and potential new clients.
• Perform annual nondiscrimination testing for stand-alone DB/Cash Balance Plans and combination DB/DC plans.
• Review reports, tax forms, notifications, disclosures, and legal documents.
• Calculate projections and contribution requirements.
• Prepare distribution calculations for terminated employees.
• Research technical and regulatory issues related to client’s plans.
• Maintain positive client relationships and advise on regulatory requirements.
• Continue education through webcasts and ASPPA exams.
• Other duties as assigned.

Skills

Team player

Detail-oriented

Remote work

Prioritization

Client service

Multi-tasking

Communication

Education

Bachelor's degree in Actuarial Science/Mathematics/Business Finance/Accounting/Economics

Tools

Relius

FT William

Job description

Strongpoint Partners is tech -enabled retirement services platform serving small- to mid-sized businesses with integrated retirement third party administration, recordkeeping, payroll, and HR solutions. Recognized as one of Inc. 5000’s Fastest Growing Private Companies in America and certified as a Great Place to Work, Strongpoint offers a suite of services that prioritizes accuracy, compliance, and reduction of regulatory risk for its clients, delivered by local client success teams that understand the nuances of the markets they serve. Strongpoint Partners combines a relentless passion for service and innovation with the experience and expertise required to make retirement work for everyone. For more information, please visit: www.strongpointpartners.com .

Position Summary:Strongpoint Partners is looking for a new team member to join us as an experienced Retirement Combo Plan Administrator. We are seeking candidates that have a great sense of integrity and a passion for what they do. Our employees are team players, well organized, and able to multi-task and work well under pressure. As a full-time Administrator, you will have opportunities to work closely with in-house actuaries, maintain client relationships and be part of a creative plan benefits team.

PLEASE NOTE: This is a fully remote position and can be performed from anywhere within the United States. We are committed to supporting a flexible work environment and welcome candidates from all U.S. time zones.

Key Responsibilities:

• Ability to perform A-Z administration and to independently manage a caseload of approximately 80 small combo plans.
• Understand and interpret elements of DB/Cash Balance Plan actuarial valuation & be bale to communicate issues to in-house actuaries and clients
• Prepare Annual Valuation packages for all assigned plans, including the following: Annual Valuation Report, Annual Funding Notices, Letters for the Valuation package, Actuarial Certifications, IRS Form 5500 and related schedules, Additional IRS forms (i.e., 5330, 8955-SSA, etc.) and schedules.
• Plan design for existing and potential new clients.
• Perform, review, and correct annual non-discrimination testing for stand-alone DB/Cash Balance Plans and combination DB/DC plans. This includes but is not limited to: 410(b), 401(a)(4), 401(a)(26), and gateway testing.
• Review all reports, tax forms, notifications, disclosures, legal documents, etc. that are sent to the client or a government agency.
• Calculate projections and contribution requirements.
• Prepare distribution calculations and review distribution forms prepared for terminated employees.
• Research technical and regulatory issues related to client’s plans.
• Maintain a positive and proactive relationship with clients and contacts, including plan upkeep and advising clients on technical and regulatory requirements.
• Continue education through webcasts and ASPPA exams.
• Other duties as assigned.

Required Qualifications:

• Minimum of 5 years experience in administration of qualified combo plans.
• Bachelor’s Degree in Actuarial Science, Mathematics, Business/Finance, Accounting, Economics or other related fields.
• Highly organized and extremely detail-oriented.
• Ability to work well with others and be a team player in a fast-paced environment.
• Ability to prioritize and multi-task.
• Passion for client service.
• Ability to work independently in a remote work environment.

Preferred Qualifications:

• ASPPA and/or NIPA credentials preferred, or willingness to work towards credentials.
• Experience with Relius and FT William benefits software is preferred.

Pay Transparency Statement:

The anticipated pay range for this position is $85,000-$95,000 annually.

At Strongpoint Partners, our salary ranges reflect the minimum and maximum base pay for the posted position applicable to all locations across the US. Within the posted salary range, individual pay is determined by the geographic location, job related skills, experience, education, and certifications. Our total compensation package includes base pay plus a comprehensive benefits program.

Our Value-Driven Employee Experience:

• Flexible Workplace - Hybrid and remote options available for many roles.
• Flexible PTO - Competitive paid time off, including flexible & unlimited options.
• Inclusive Environment - A culture that values diversity, collaboration, and respect.
• Growth Opportunities - Support for ongoing learning and career development.
• Comprehensive Benefits - Health, dental, vision, life, and disability coverage.

**Specific benefits and programs may vary by partner and position.**

As set forth in Strongpoint Partners’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.