Defined Benefit Plan Specialist | Compliance & Valuation

MAP Retirement; United States; On-site; USD 68,000 - 98,000; Full time

Benefits offered by this job

401(k) with safe harbor

Training and development

Collaborative team

Job summary

MAP Retirement is seeking a Plan Consultant to administer and support employer-sponsored retirement plans, including defined benefit and cash balance plans.

You will independently manage a book of plans, prepare valuations and testing under ERISA and IRS rules, and collaborate with sponsors, advisors, and accountants.

Strong analytical, math, and communication skills, plus proficiency with Excel and Word, are required for success in a fast-paced, client-focused environment.

Qualifications

• Minimum 3+ years in defined benefit and cash balance administration.
• Experience with DC nondiscrimination testing for combined plan testing.
• Proficient with Microsoft Excel and Word.
• In-depth knowledge of IRS, DOL, and ERISA regulations.
• Ability to work with minimal supervision.
• Excellent written and verbal communication.

Responsibilities

• Independently manage and maintain an assigned book of plans, including defined benefit, cash balance, and/or defined contribution plans.
• Prepare (and/or review, based on experience) valuations and compliance testing pursuant to ERISA guidelines and IRS procedures.
• Calculate plan contributions to optimize tax savings while passing required testing.
• Perform all required testing, such as 401(a)(4) General Testing, 410(b) Coverage, 401(a)(26) Minimum Participation, 414(s) Compensation Ratio Testing, etc.
• Prepare asset reconciliations, including trust accounting, as necessary.
• Prepare self-employment income calculation, as necessary.
• Prepare (and/or review) necessary government filings pursuant to IRS, DOL, and PBGC guidelines and requirements, included but not limited to Forms 5500, 5330, Schedule SB, and PBGC Comprehensive Premium filings.
• Analyze plan documents and pro‑actively recommend changes to accommodate client needs.
• Review and analyze employee census data to determine if additional information is needed.
• Assist plan sponsors with the plan termination process, including PBGC‑covered plans.
• Provide quality communication with the plan sponsor, advisors, and accountants.
• Prepare preliminary design studies and projections for prospective clients.
• Support actuaries and consultants to provide superior client service.
• Calculate retirement distribution benefits in all optional forms.

Skills

Analytical skills

Mathematical skills

Communication skills

Attention to detail

Work under pressure

Self-directed work

PBGC knowledge

Tools

Microsoft Excel

Microsoft Word

Job description

MAP Retirement is seeking a Plan Consultant to administer and support employer-sponsored retirement plans, including defined benefit and cash balance plans.

You will independently manage a book of plans, prepare valuations and testing under ERISA and IRS rules, and collaborate with sponsors, advisors, and accountants.

Strong analytical, math, and communication skills, plus proficiency with Excel and Word, are required for success in a fast-paced, client-focused environment.