ERISA Retirement Plans, Sr. Specialist

Charles Schwab; Omaha (NE); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

401(k) match

Employee stock purchase plan

Paid time off

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab is seeking an ERISA Compliance professional to perform complex retirement plan testing and reporting for nationwide plans. You will coordinate with ERISA Consulting and clients, prepare Form 5500 filings, and ensure timely deliveries while guiding junior staff.

The role emphasizes collaboration, accuracy, and leadership in a dynamic team within Schwab Retirement Plan Services in Omaha, with on-site expectations and a strong benefits package.

Qualifications

• 3–7 years in qualified retirement plan industry with ERISA testing experience.
• Thorough knowledge of IRS & DOL Code and Regulations and complex testing.
• Strong problem solving, communication, and Excel skills.
• Project leadership experience.

Responsibilities

• Prepare ADP/ACP, Top Heavy, Coverage and nondiscrimination testing within deadlines.
• Serve as liaison with ERISA Consulting, clients, and Relationship Management.
• Assist allocations of employer contributions and specialized testing.
• Collaborate with teams to support client issues and external auditors.
• Provide guidance to junior staff and perform peer reviews.
• Take on additional project leadership responsibilities.

Skills

ADP/ACP testing

Top Heavy testing

Coverage testing

Non-discrimination testing

Form 5500

Excel

Problem solving

Project leadership

Client liaison

Education

Bachelor's in Accounting/Math/Finance

ASPPA QKA/QPA/CPC designation

Tools

ASC testing software

FT Williams Form 5500

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

Schwab Retirement Plan Services provides third party recordkeeping and retirement plan administration to midsized and large employers nationwide. Schwab believes that the provider matters, and we are committed to the financial fitness of all participants and clients. We assist plan sponsors to ensure that the plans are operated in accordance with the Internal Revenue Code and ERISA, following the IRS and DOL regulations and the plan provisions.

What You Are Good At

• Preparing ADP/ACP testing, Top Heavy testing, Coverage testing, 401(a)(4) Nondiscrimination testing, and Form 5500s within the statutory timelines established by the code.
• Performing testing and function as a primary liaison with ERISA Consulting, external clients, and Relationship Management for more complex ERISA Compliance testing issues
• Assisting clients with preparation of allocations of employer contributions and specialized testing.
• Partnering closely with the Relationship Management and other teams to assist with higher level client issues and to assist with external auditor requests.
• Serving as direct contact with plan sponsors and their external auditors to add value and retain clients.
• Serving as a resource for less experienced staff and complete peer review of assigned work.
• Taking on additional project leadership responsibilities.

This position is in our ERISA Compliance group for the following locations: Austin, Dallas, Omaha, and Indianapolis.

Required Qualifications

• 3-7 years in the qualified retirement plan industry, with significant direct experience in providing ERISA Compliance testing and reporting services.
• Thorough knowledge of the IRS & DOL Code and Regulations, and experience with complex non-discrimination testing, including 401(a)(4), 410(b), and 414(s).
• Excellent problem solving skills, strong verbal and written communication skills, high comfort level with Microsoft Excel, and ability to meet stringent deadlines.
• Project Leadership

Preferred Qualifications

• Bachelor’s degree in Accounting, Math, or Finance.
• ASPPA QKA, QPA or CPC Designation
• Experience with ASC testing software and FT Williams Form 5500 system.

In addition to the salary range, this role is eligible for bonus or incentive opportunities.

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance