Remote Retirement Plan Compliance Analyst

Ascensus; Atlanta (GA); Remote; USD 70,000 - 100,000; Full time

Job summary

Join a leading firm in the retirement planning industry as a Compliance Associate, where you will leverage your expertise to ensure adherence to regulations while working closely with Plan Consultants. This role offers a unique opportunity to engage in complex interactions and contribute to the administration and compliance of retirement plans. With a focus on quality service and integrity, you will be part of a dedicated team that values your contributions. If you are passionate about compliance and looking for a rewarding career in a supportive environment, this position is perfect for you.

Benefits

401(k) match

Medical insurance

Dental insurance

Vision insurance

Paid-Time-Off

Qualifications

• 5+ years of hands-on Retirement plan testing experience required.
• Strong analytical and problem-solving skills are essential.
• Bachelor’s degree preferred for this compliance position.

Responsibilities

• Read and comprehend retirement plan provisions for compliance.
• Support DOL, IRS, and large plan audits as needed.
• Prepare annual valuation and compliance reports for clients.

Skills

Retirement plan testing

Employer Calculations

5500 forms

Cash basis accounting

Trust accounting

ERISA compliance

Analytical skills

Communication skills

Attention to detail

Plan administration software

Education

Bachelor’s degree

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Relius

FT Williams

ASC

Datair

Job description

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position Summary

Compliance position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.

*We have several openings for this role.*

Section 2: Job Functions, Essential Duties and Responsibilities

• Ability to successfully complete and support the work outlined for the Compliance Associate roles
• Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations.
• Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information
• Supports DOL, IRS, and Large plan audits
• Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans
• Is responsible for plan administration, compliance and testing for identified blocks of business
• Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines
• Prepares annual valuation and compliance reports for Clients
• Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents
• Supports and completes assigned quality assurance reviews
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day-to-day basis showing your support of our organizational culture.
• Assist with other tasks and projects as assigned

Supervision

• N/A

Section 3: Experience, Skills, Knowledge Requirements

• Bachelor’s degree preferred
• Minimum 5 years of hands-on Retirement plan testing experience is a must; 8+ years is preferred
• Experience doing Employer Calculations
• Must have experience with 5500’s and other relevant documents
• Experience with cash basis and/or trust accounting
• 5 years of prior ERISA experience in the retirement industry preferred
• 5 years of experience in analysis of financial data required/testing experience a must
• Strong Word, Excel, and Outlook skills
• Strong written and oral communication skills
• Strong analytical and problem-solving skills
• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters
• Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements
• QKA designation preferred but not required
• Involvement or work towards associates QPA designation preferred
• Prior experience with plan administration software, i.e., Relius, FT Williams, ASC, or Datair

Salary and Benefits

The national average salary is $70,000 - $100,000, exclusive of any bonuses and benefits. This salary range represents the low and high end for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits.

We are proud to be an Equal Opportunity Employer.

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about the validity of a job posting, we strongly encourage you to apply directly through our website.