Compliance Plan Manager

Ascensus; Philadelphia (Philadelphia County); Remote; USD 65,000 - 95,000; Full time

Job summary

Ascensus, featuring FiduciaryxChange, seeks a fiduciary administrator to coordinate responsibilities for multiple retirement plans. This role serves as the primary contact for sponsors, advisors, and service providers, ensuring plan documents and IRS/ERISA standards are met.

Location: Remote. The role requires collaboration with a committee and ongoing monitoring of plan operations, with emphasis on accuracy and regulatory compliance.

Qualifications

• Minimum 4-year bachelor’s degree from an accredited university.
• Minimum 2 years of qualified plan experience.
• Supervisory responsibilities may follow in the future.

Responsibilities

• Responds to plan sponsor and participant questions.
• Assists in servicing accounts and overseeing participant requests.
• Prepare, maintain, and submit recordkeeper access forms for assigned plans.
• Payroll uploads for Assigned Plans.
• Monthly Monitoring for Assigned Plans.
• Annual Validation Forms.
• YE Compliance Testing Review and corrections as needed.
• Provides information for annual 5500 audit.
• Plan Notice Management and notices/disclosures.

Skills

Fiduciary experience

QKA CPFA CkP AIF

Interpersonal skills

Oral written communication

Time management

Analytical thinking

MS Office / Excel

Education

Bachelor's degree

Tools

Microsoft Word

Adobe Acrobat

Microsoft Excel

Job description

AmericanTCS, recently integrated as part of Ascensus, has forged a lasting legacy for more than 50 years, embodying strength and resilience while championing change and innovation across the retirement industry. We provide a diverse range of tailored retirement plan solutions that symbolize resilience, versatility and strength.

Job Summary

FiduciaryxChange, by AmericanTCS, provides complete Fiduciary governance to inspire participants to save for a dignified retirement. Defining a retirement plan standard of excellence. This role is part of our committee who meets weekly to discuss various clients who have engaged FiduciaryxChange to serve as the Named Plan Administrator and Named Fiduciary. The goal and objective of the committee is to oversee the operation of each plan to make sure, on an ongoing basis, the plan is operating according to the plan document, Internal Revenue Code, and ERISA.

This position is the primary point of contact for plan sponsors, advisors, and other service providers in coordinating the completion of the responsibilities FxC has been engaged to fulfill.

Location: Remote

Responsibilities

Essential Functions of the Job

• Responds to plan sponsor and participant questions
• Assists in servicing accounts and overseeing participant requests
• Assist in monitoring support and team emails
• Prepare, maintain, and submit recordkeeper access forms for assigned plans
• Payroll uploads for Assigned Plans
• Monthly Monitoring for Assigned Plans
• Force out monitoring and processing and confirmation
• Annual Validation Forms
• YE Compliance Testing Review and any necessary correction confirmations
• Provides information for annual 5500 audit
• Signs 5500 and assists with SPY RFS to sponsors
• Prepares Annual Plan Assessments
• Prepares year end oversight documents
• Completes 404(a)(5) and 408(b)(2) assessments
• Provides information for annual 5500 audit
• Plan Notice Management
• Completes annual and interim notices and disclosures via Plan Notice-Assigned Plans

Supervisory Responsibilities

• There may be supervisory responsibilities in the future.

Skills/Abilities

• Number of years Fiduciary Administration experience
• Preferred certification(s) QKA, CPFA, CkP, AIF
• Strong interpersonal skills.
• Excellent oral and written communication skills.
• Ability to organize, prioritize, and manage multiple tasks within established timeframe.
• Excellent analytical and critical thinking skills.
• Exceptional skills in Microsoft Office Suite, Excel, preferred. Being familiar with Microsoft Word and Adobe Acrobat a plus.

Qualifications

• Minimum 4 year Bachelors Degree from an accredited university
• Minimum 2 years of qualified plan experience

Physical Requirements

• Sitting: Frequent
• Standing, Bending, Twisting: Occasional
• Computer Use: Constant
• Lifting up to 20 pounds: Occasional
• Lifting more than 20 pounds: Occasional

Disclaimer

The above describes the general nature and level of work assigned and is not an exhaustive list. More detailed listing of duties inherent in this position may be outlined in supplemental documents (e.g. responsibilities and objectives, or procedures). This document is subject to change at the discretion of EdgeCo Holdings.

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.