Pension Consultant

Pension Associates Inc; Washington; On-site; USD 75,000 - 110,000; Full time

Job summary

Pension Associates Inc. in Stamford, CT, seeks an experienced Pension Consultant to manage client relationships, administer a caseload of about 100 small clients, and ensure compliance with ADP/ACP testing, Form 5500, and related filings.

The role requires strong communication, organization, and the ability to work with advisors and CPAs. You will consult on plan operation and design, prioritize weekly goals in a collaborative, results-driven team environment, and handle complex funding and

Qualifications

• 2–5 years' experience in Defined Benefit and Defined Contribution administration.
• Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing.
• Working knowledge of defined Benefit plans including Cash Balance Plans and funding requirements.
• Excellent written and verbal communication skills.

Responsibilities

• Maintain client and advisor relationships with a high client retention rate.
• Maintain a caseload of about 100 small clients.
• Review and approve ADP/ACP tests, 5500 forms, and other government filings.
• Communicate with clients and investment advisors about industry developments.
• Collaborate with CPA, recordkeeper and advisor to ensure a great client experience.
• Consult with clients regarding plan operation and design.
• Manage workload toward weekly goals in a team environment.
• Explain complex combo plans and funding deadlines to clients and advisors.

Skills

Communication skills

Organizational skills

Critical thinking

Education

Bachelor’s degree in business, accounting, or communication

ASPPA credentials preferred

Tools

Datair Pension system

Job description

Job Description

Pension Associates is a third-party administration firm located in Stamford, CT. We have been doing business since 1991 and specialize in both DB / DC plan design, administration and actuarial services. Due to our continued growth, we are currently seeking an experienced Pension Consultant with hands-on experience in compliance and plan administration.

Job Responsibilities:

• Maintain client and advisor relationships with a high client retention rate
• Maintain a caseload of about 100 small clients
• Review and approve ADP/ACP, other non-discrimination testing, Form 5500 and other government forms
• Proactively communicate with clients and investment advisors about new industry developments
• Work with CPA, recordkeeper and advisor to ensure a great client experience
• Consult with clients regarding plan operation and design
• Manage and prioritize workload towards weekly goals in a results-oriented team environment
• Clearly communicate to the client and advisor regarding the complexities of combo plans, including annual funding requirements, plan design, and deadlines (funding, 5500, PBGC, amendments, etc.)

Qualifications:

• Must have 2 - 5 years' experience in Defined Benefit and Defined Contribution administration. Floor Offset and Combo Plan experience desired. Extensive training will be provided if experience is less than 5 years
• Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing
• Working knowledge of defined Benefit plans including Cash Balance Plans, top heavy requirements, minimum and maximum funding requirements
• General understanding of actuarial valuations
• General knowledge of PBGC coverage and its requirements
• Excellent written and verbal communication skills
• Excellent organizational skills and a high level of critical thinking
• ASPPA credentials preferred
• Datair Pension system experience a plus
• Bachelor’s degree in business, accounting, or communication preferred

Applicants who do not meet the minimum qualifications will not be considered at this time.