Remote-Eligible 401(k) Compliance Associate

Betterment; New York (NY); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Equity for all employees

Flexible PTO & sabbatical

Parental leave

Job summary

Betterment is seeking a detail-oriented 401(k) Compliance Associate to join the 401(k) Compliance team within Betterment at Work. You will support annual compliance testing, prepare packages, and assist plan auditors while collaborating with cross-functional teams to deliver accurate, scalable solutions for 401(k) clients.

This salaried, non-exempt role is remote eligible outside planning-locations, with base salary ranging from $60,000 to $70,000 depending on location and experience.

Qualifications

• Some experience in 401(k) retirement industry.
• Interest in pursuing QKA and ASPPA certifications.
• Detail-oriented mindset with excellent organizational skills.
• Ability to handle multiple priorities and problem-solve
• Proactive approach to reimagining processes
• Effective communication with cross-functional teams
• Ability to maintain the highest level of confidentiality
• Familiarity with FTWilliam or similar compliance testing software
• Proficiency in Google Suite and Microsoft Office

Responsibilities

• Annual compliance administration: prepare testing packages and employer contribution calculations.
• Reconcile plan activity and prepare Form 5500s for large or conversion clients.
• Assist plan auditors by providing data samples and documents.
• Daily administration: handle plan amendments, terminations, conversions, and deconversions.
• Analyze operational errors affecting missed deferrals and corrections.
• Draft 401(k) plan documents for conversions and set up in the system.
• Collaborate with Client Experience teams for a unified client experience.
• Suggest improvements to procedures for efficiency and scalability.
• Work with engineering/product/design to develop scalable solutions.

Skills

Attention to detail

Organizational skills

Communication skills

Cross-functional collaboration

Problem solving

Confidentiality

Adaptability

Tools

Google Suite

Microsoft Office

Job description

Betterment is seeking a detail-oriented 401(k) Compliance Associate to join the 401(k) Compliance team within Betterment at Work. You will support annual compliance testing, prepare packages, and assist plan auditors while collaborating with cross-functional teams to deliver accurate, scalable solutions for 401(k) clients.

This salaried, non-exempt role is remote eligible outside planning-locations, with base salary ranging from $60,000 to $70,000 depending on location and experience.