ft william 401(k) Plan Administrator

CPS Inc; West Hills East (NC); Remote; USD 70,000 - 85,000; Full time

Job summary

CPS Inc is seeking an experienced retirement plan administrator for a fully remote position managing 401(k) plans for varied clients. Responsibilities include overseeing plan compliance, conducting testing, maintaining documents, and ensuring adherence to IRS and DOL regulations. The ideal candidate will have over 5 years of experience and strong analytical skills, with the ability to navigate regulatory landscapes.

Qualifications

• 5+ years in TPA firm handling 401(k) plan administration.
• Strong understanding of compliance, reporting, and regulatory requirements.
• QKA or other ASPPA designation is a plus.

Responsibilities

• Oversee full administration for both large and small 401(k) plans.
• Conduct compliance testing including nondiscrimination testing.
• Prepare and file annual reports including Form 5500.

Skills

Analytical skills

Communication skills

Understanding of compliance

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:

There are currently no related jobs. Please sign up for JobAlerts.