ft william 401(k) Plan Administrator

CPS Inc; Durham (NC); Remote; USD 70,000 - 85,000; Full time

Job summary

A leading company in the retirement industry seeks a remote Retirement Plan Administrator to manage 401(k) plans. This role involves overseeing compliance, conducting testing, and maintaining accurate plan documents. Ideal candidates will have significant experience, strong compliance knowledge, and proficiency with specific software. Join a collaborative team making a meaningful impact in the retirement sector.

Qualifications

• 5+ years of experience in TPA firm handling full 401(k) plan administration.
• Strong understanding of compliance, reporting, and regulatory requirements.
• Proficient with ftwilliam software.

Responsibilities

• Oversee full administration for 401(k) plans, ensuring accuracy and compliance.
• Conduct compliance testing and prepare regulatory filings.
• Engage in daily client communication and assist with compliance questions.

Skills

Compliance understanding

Analytical skills

Communication skills

Education

QKA or ASPPA designation

Tools

ftwilliam software

Job description

*This position is 100% remote. The location was added to increase visibility on job boards*

We are recruiting for an established TPA. We invite you to apply if you are interested in this opportunity. We also invite you to apply if you are interested in other Retirement Industry opportunities that CPS, Inc. is recruiting for. CPS, Inc. recruits for full time permanent (not contract) Retirement industry positions. Thank you for your interest. We hope to hear from you.

Are you an experienced retirement plan administrator looking for a dynamic remote opportunity? Join this Third-Party Administrator (TPA) firm and take the lead in managing custom-designed 401(k) plans for a diverse client base.

Key Responsibilities:

• Oversee full administration for both large and small 401(k) plans, ensuring accuracy and compliance
• Conduct compliance testing, including nondiscrimination testing, ADP/ACP tests, top-heavy testing, and coverage testing
• Prepare and file annual reports, including Form 5500, 8955-SSA, and other regulatory filings
• Monitor plan operations to ensure adherence to IRS, DOL, and ERISA guidelines
• Process contributions, distributions, loans, and rollovers, ensuring proper tax treatment and compliance
• Maintain and update plan documents in accordance with regulatory requirements and amendments
• Perform plan audits and reconcile financial records to identify and resolve compliance issues
• Ensure timely Required Minimum Distributions (RMDs) for eligible participants
• Provide guidance on corrective actions, including plan amendments, refunds, and reallocation of contributions
• Stay current with legislative and regulatory changes, ensuring clients remain compliant with evolving rules
• Engage in daily client communication, assisting with compliance questions and regulatory concerns
• Collaborate with plan sponsors, financial advisors, and payroll providers to optimize plan administration
• Utilize ftwilliam software to manage plan compliance and reporting efficiently

Salary range: $70,000 - $85,000

This is a fully remote position, providing the flexibility to work from anywhere while making a meaningful impact on retirement plans. If you're ready to bring your expertise to a collaborative team, we'd love to hear from you!

Job Requirements

Qualifications:

• 5+ years of experience in a TPA firm handling full 401(k) plan administration
• Strong understanding of compliance, reporting, and regulatory requirements
• Proficiency with ftwilliam software
• Excellent analytical and communication skills
• QKA or other ASPPA designation is a plus

Industry Expertise: Defined Contribution, Defined Benefit, 401(k), Qualified Plans, Non Qualified Plans, ESOP, Taft-Hartley,403(b), ERISA Compliance, Plan Administration, Conversions/Implementation, Wealth Management, Financial Advisors, Institutional Retirement Sales, Wholesaling

Types of Positions: Plan Administration, Conversions/Implementation, Compliance/ERISA, Client Relationship Manager, Education/Enroller, Sales/Wholesaling/DCIO, Wealth/Retirement Financial Advisor, Manager, Director, VP.

The best part of my job: I build and maintain long term relationships. When I help a candidate advance their career and help a client hire the right person, it's a great feeling.

Login to save this search and get notified of similar positions.

Share This Job:

Related Jobs:

Loading...

Related Jobs:

Loading... Login to save this search and get notified of similar positions.

Ready to take the next step in your career? Explore exciting job opportunities in the vibrant area of East Durham, North Carolina! Nestled in the heart of the Tar Heel State, East Durham offers a perfect blend of charm, diversity, and growth potential for job seekers. From the stunning Sarah P. Duke Gardens to the lively offerings at the Carolina Theater and a rich culinary scene showcasing delicious barbecue and sweet tea, this area has something for everyone. With nearby attractions like the Durham Bulls Athletic Park and the Nasher Museum of Art, East Durham is not just a place to work, but a place to thrive and call home. Check out our job listings today and discover why a career in East Durham could be your next great adventure!