Plan Consultant - DB/CB

MAP Retirement; United States; On-site; USD 68,000 - 98,000; Full time

Benefits offered by this job

401(k) with safe harbor

Training and development

Collaborative team

Job summary

MAP Retirement is seeking a Plan Consultant to administer and support employer-sponsored retirement plans, including defined benefit and cash balance plans.

You will independently manage a book of plans, prepare valuations and testing under ERISA and IRS rules, and collaborate with sponsors, advisors, and accountants.

Strong analytical, math, and communication skills, plus proficiency with Excel and Word, are required for success in a fast-paced, client-focused environment.

Qualifications

• Minimum 3+ years in defined benefit and cash balance administration.
• Experience with DC nondiscrimination testing for combined plan testing.
• Proficient with Microsoft Excel and Word.
• In-depth knowledge of IRS, DOL, and ERISA regulations.
• Ability to work with minimal supervision.
• Excellent written and verbal communication.

Responsibilities

• Independently manage and maintain an assigned book of plans, including defined benefit, cash balance, and/or defined contribution plans.
• Prepare (and/or review, based on experience) valuations and compliance testing pursuant to ERISA guidelines and IRS procedures.
• Calculate plan contributions to optimize tax savings while passing required testing.
• Perform all required testing, such as 401(a)(4) General Testing, 410(b) Coverage, 401(a)(26) Minimum Participation, 414(s) Compensation Ratio Testing, etc.
• Prepare asset reconciliations, including trust accounting, as necessary.
• Prepare self-employment income calculation, as necessary.
• Prepare (and/or review) necessary government filings pursuant to IRS, DOL, and PBGC guidelines and requirements, included but not limited to Forms 5500, 5330, Schedule SB, and PBGC Comprehensive Premium filings.
• Analyze plan documents and pro‑actively recommend changes to accommodate client needs.
• Review and analyze employee census data to determine if additional information is needed.
• Assist plan sponsors with the plan termination process, including PBGC‑covered plans.
• Provide quality communication with the plan sponsor, advisors, and accountants.
• Prepare preliminary design studies and projections for prospective clients.
• Support actuaries and consultants to provide superior client service.
• Calculate retirement distribution benefits in all optional forms.

Skills

Analytical skills

Mathematical skills

Communication skills

Attention to detail

Work under pressure

Self-directed work

PBGC knowledge

Tools

Microsoft Excel

Microsoft Word

Job description

The Plan Consultant is a key compliance and technical resource responsible for administering and supporting employer-sponsored retirement plans, specifically Defined Benefits/Cash Balance Plans. The Plan Consultant collaborates with internal teams and clients to ensure retirement plans are operated in full compliance with IRS, DOL and ERISA regulations.

Key Responsibilities

Independently manage and maintain an assigned book of plans, including defined benefit, cash balance, and/or defined contribution plans, as applicable.

Prepare (and/or review, based on experience) valuations and compliance testing pursuant to ERISA guidelines and IRS procedures.

• Calculate plan contributions to optimize tax savings while passing required testing.
• Perform all required testing, such as 401(a)(4) General Testing, 410(b) Coverage, 401(a)(26) Minimum Participation, 414(s) Compensation Ratio Testing, etc.
• Prepare asset reconciliations, including trust accounting, as necessary.
• Prepare self-employment income calculation, as necessary.

Prepare (and/or review, based on experience) necessary government filings pursuant to IRS, DOL, and PBGC guidelines and requirements, included but not limited to Forms 5500, 5330, Schedule SB, and PBGC Comprehensive Premium filings.

Analyze plan documents and pro‑actively recommend changes to accommodate client needs.

Review and analyze employee census data to determine if additional information is needed.

Assist plan sponsors with the plan termination process, including PBGC‑covered plans.

Provide quality communication with the plan sponsor, advisors, and accountants.

Prepare preliminary design studies and projections for prospective clients.

Support actuaries and consultants to provide superior client service.

Calculate retirement distribution benefits in all optional forms.

Requirements

• Minimum of 3+ years of experience in defined benefit and cash balance administration.
• Intermediate experience performing DC nondiscrimination testing to satisfy combined plan testing requirements
• Ability to work under pressure and prioritize work based on deadlines.
• Proficient skills with Microsoft products, specifically Excel and Word.
• In‑depth knowledge of IRS, DOLand ERISA regulations.
• Ability to work with minimal day‑to‑day supervision.
• Excellent written and verbal communication skills.
• Meticulous attention to detail and accuracy.
• Strong analytical and mathematical skills.
• Familiarity of PBGC requirements.

Desired but not Required

• ASPPA or IRS industry‑specific designations or willingness to attain them.
• Working knowledge of PensionPro, CalcAir (formerly known as Datair), and FTWilliam.

Why MAP?

MAP Retirement is one of the few truly national TPAs in the country. While most of our competitors are local or regional, we support more than 10,000 retirement plans and more than 6,500 businesses nationwide — and growing. For an experienced Plan Consultant, that means a broader exposure and real room to advance.

We are a people‑first organization. We invest in your continued development because we know experienced professionals still have room to grow — and because we want to keep them. We are technology‑forward, but we are people‑fueled.

• 401(k) with safe harbor contributions
• Ongoing industry training and professional development
• A team that genuinely likes working together

Salary considerations will be made based on experience. Salary Range: $68,000 - $98,000 annually

MAP Retirement is an equal opportunity employer. We are committed to a diverse and inclusive workplace and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, disability, or criminal record.