ESOP Plan Admin & Compliance Specialist

CPS, Inc.; Chicago (IL); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

12 weeks paid maternity leave

Extra vacation week in December

Job summary

CPS, Inc. is seeking an ESOP Plan Administration Specialist to ensure ESOP plans run smoothly and remain compliant, while guiding plan sponsors and employees toward financial security.

You will oversee day-to-day ESOP administration, 409(p) reporting, accounting, repurchase liability studies, and plan design, acting as the main contact for sponsors on plan features, investments, and distributions.

Qualifications

• Strong understanding of ESOP administration.
• Excellent analytical skills.
• Commitment to employee financial security.

Responsibilities

• Oversee day-to-day ESOP administration, including 409(p) compliance reporting.
• ESOP accounting, repurchase liability studies, and plan design.
• Serve as the main point of contact for plan sponsors, providing guidance on plan features, investment options, and distribution strategies.
• Monitor and stay up-to-date on regulatory changes and best practices related to ESOP administration, implementing necessary updates to maintain compliance.

Skills

ESOP administration

Analytical skills

Regulatory compliance

Plan sponsor guidance

Tools

ESOP reporting tools

Job description

CPS, Inc. is seeking an ESOP Plan Administration Specialist to ensure ESOP plans run smoothly and remain compliant, while guiding plan sponsors and employees toward financial security.

You will oversee day-to-day ESOP administration, 409(p) reporting, accounting, repurchase liability studies, and plan design, acting as the main contact for sponsors on plan features, investments, and distributions.