DC/DB Combo Plan Administrator – Account Manager

CPS, Inc.; Illinois; Remote; USD 70,000 - 90,000; Full time

Job summary

A leading retirement plan administration provider is seeking a detail-oriented DC/DB Combo Plan Administrator to manage and oversee the administration of defined contribution and defined benefit retirement plans. The ideal candidate should have a strong understanding of IRS and ERISA regulations, experience preparing necessary forms, and the ability to monitor compliance. This is a remote position with a salary range of $70,000 - $90,000, offering a dynamic work environment.

Qualifications

• Proficient in managing DC and DB retirement plans.
• Strong understanding of regulatory compliance.
• Excellent organizational and communication skills.

Responsibilities

• Oversee administration of DC and DB retirement plans.
• Ensure regulatory compliance with IRS and ERISA.
• Prepare and file required regulatory forms.
• Monitor contribution limits and perform testing.
• Consult with plan sponsors on plan documents.

Skills

Detail-oriented

Knowledge of IRS and ERISA regulations

Ability to prepare Form 5500 and Form 1099-R

Experience with ADP/ACP testing

Job description

Overview

DC/DB Combo Plan Administrator - Account Manager

Leading retirement plan administration provider. Dedicated to helping clients navigate the complexities of defined contribution (DC) and defined benefit (DB) Combo retirement plans.

Location: Remote

Salary: 70 - 90k

Job Description

Seeking a skilled and detail-oriented DC/DB Combo Plan Administrator. In this role, you will be responsible for overseeing the administration of both defined contribution (DC) and defined benefit (DB) retirement plans for clients.

Key Responsibilities

• Ensure plans adhere to IRS and ERISA regulations.
• Prepare and file the required forms, such as Form 5500 and Form 1099-R.
• Monitor plan contribution limits and perform necessary testing (ADP/ACP, 410(b), etc.).
• Review plan documents/SPD’s to consult with plan sponsors as needed.
• Collaborate with actuaries to ensure seamless plan administration.
• Benefit calculation, actuarial valuation, and nondiscrimination testing of DB plan experience not required.