Remote Retirement Plan Compliance Specialist

Ascensus; Newark (NJ); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

401(k) match

Medical

Dental

Vision

Paid-Time-Off

Job summary

FuturePlan, the nation's largest retirement plan third-party administrator backed by Ascensus, seeks a Compliance Associate with advanced understanding of plan types to support Plan Consultants.

The role involves interpreting IRS, DOL, and ERISA provisions, assisting with audits, and handling plan administration and testing while drafting plan documents and maintaining data accuracy to meet deadlines.

Qualifications

• Bachelor's degree preferred.
• 3 to 8+ years of hands-on retirement plan testing experience.
• Experience with 5500's and other relevant documents.
• Experience with cash basis and/or trust accounting.
• 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 deadlines.
• QKA designation preferred but not required.
• Experience with plan administration software such as FT Williams or ASC.

Responsibilities

• Supports DOL, IRS, and ERISA audits.
• Performs plan administration, compliance and testing for identified blocks of business.
• Reads plan documents and related materials to ensure accuracy and compliance.
• Drafts plan documents, amendments and other legal documents with Plan Consultants.
• Tracks data to meet compliance deadlines and prepares annual valuation and compliance reports.
• Provides QA reviews and protects confidential data against unauthorized access.

Skills

Regulatory compliance

Plan testing

Documentation drafting

Audit support

Data analysis

Communication skills

Attention to detail

Plan administration

Education

Bachelor's degree

Tools

FT Williams

ASC

Job description

FuturePlan, the nation's largest retirement plan third-party administrator backed by Ascensus, seeks a Compliance Associate with advanced understanding of plan types to support Plan Consultants.

The role involves interpreting IRS, DOL, and ERISA provisions, assisting with audits, and handling plan administration and testing while drafting plan documents and maintaining data accuracy to meet deadlines.