High Level 401(k) Retirement Consultant

Prime Pensions, Inc.; Irvine (CA); Remote; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a highly experienced 401(k) Consultant to manage complex retirement plans for a diverse client base. This role involves advising clients on legislative changes, ensuring compliance, and collaborating with financial teams to implement effective plan modifications. The ideal candidate will have a strong background in the retirement industry, exceptional analytical skills, and the ability to communicate effectively with clients and team members. Join a collaborative environment that values attention to detail and quality service, while offering competitive compensation and benefits.

Qualifications

• 10+ years of experience in the retirement industry.
• Proficiency in Microsoft Office and Adobe Acrobat.

Responsibilities

• Coordinate with Financial Advisor and Recordkeeper for plan changes.
• Review demographic upload errors and assist with payroll uploads.
• Run HCE determinations and ADP/ACP testing.

Skills

Attention to detail

Written communication

Verbal communication

Mathematical skills

Research skills

Project management

Customer service

Education

Bachelor's degree in Business Administration

Tools

Microsoft Office

Adobe Acrobat

Job description

Seeking a very high level 401(k) Consultant to work on a large, complicated plan withabout 15K employees from over 300 companies.Our firm has a reputation for service, quality, and expertise in the design, implementation and ongoing administration of retirement plans.

Responsibilities and Duties :

Consulting

• Keep Client apprised of Legislative actions affecting qualified plans
• Provide timely updates on annual compliance services
• Coordinate with Financial Advisor and Recordkeeper to investigate, prepare and present plan changes
• Work with client staff to identify and test modifications to programs for payroll, payroll integration, demographic data uploads resulting from regulatory changes, conversions, payroll modifications
• Consult with client legal and ERISA council concerning Plan changes, error identification and correction, and DOL/IRS audits

General Data Processing

• Review/correct demographic upload errors
• Assist client with payroll uploads
• Assist client with Service Requests to correct SSNs, research vesting questions, etc.
• Prepare files to upload late deposit corrections
• Calculate and prepare files to upload missed deferral opportunities

Annual Compliance and Administration

• Review Processing Guide files covering Data Loading, Controlled Group Analysis, and Top Heavy
• Reconciliation of compensation and contributions
• Determination of pre-entry compensation
• Calculation of Match true-up
• Separate 402(g) excess for each participant by company
• Run HCE determinations and ADP/ACP testing, including review of whether aggregated or disaggregated method provides best result. (Initial correction will always be QNEC)

Qualification/Requirements:

• Four year college degree in Business Administration with a focus in Accounting, Mathematics, Finance and/or Economics
• 10+ years experience in retirement industry
• Proficiency with Microsoft Office and Adobe Acrobat software
• Acute attention to detail, accuracy and quality of work
• Strong math and research skills
• Excellent written and verbal communication skills
• Strong interpersonal and customer service skills
• Ability to work independently and also collaborate as part of a team
• Effective time management, project management and organizational skills

We provide competitive compensation and benefits. We also provide a team oriented work environment with oversight and review of all work performed. The accuracy and quality of our work is dependent on our collective attention to detail. A detail-oriented approach to problem solving and service execution is required.

Ideally looking for a candidate in Orange County area, but will consider qualified candidates forremote work.