Retirement Plan Administration Manager

Boulay; Iowa (LA); On-site; USD 110,000 - 165,000; Full time

Benefits offered by this job

401(k)

Health insurance

Flexible schedule

Paid time off

Tuition reimbursement

Work from home

Job summary

A leading financial services firm is seeking an experienced Retirement Plan Administration Manager to join their collaborative team in Louisiana. The role includes reviewing compliance testing, delegating tasks, and providing leadership to staff. Candidates should have a Bachelor's degree in a relevant field, extensive experience in retirement plan administration, and strong knowledge of ERISA regulations. The position offers a competitive salary range of $110,000 - $165,000, along with comprehensive benefits including health insurance, a flexible schedule, and tuition reimbursement.

Qualifications

• 6+ years of applicable experience in retirement plan administration.
• QKA or CPA certification is required.
• Track record of career achievements and work quality.

Responsibilities

• Review census information imports and asset information for annual testing.
• Perform ERISA research relating to employee benefit plans.
• Share knowledge and train less experienced staff.

Skills

Experience with Employee Stock Ownership Plans (ESOPs)

Strong technical knowledge of ERISA and IRS regulations

Ability to articulate complex benefit information

Experience with compliance testing

Excellent communication skills

Education

Bachelor's Degree in Accounting, Finance, or related field

Tools

Employee Benefits-specific software

Relius software

Job description

We are seeking an experienced Retirement Plan Administration Manager to join our driven, collaborative and growing team.

Essential Functions and Responsibilities

• Review census information imports and asset information in preparation of all annual testing
• Review Forms 5500 and related schedules
• Review and delegate trust accounting projects and other related tasks
• Review and possibly perform annual compliance testing (i.e. ADP/ACP discrimination testing, top heavy testing, and 402(g) and 415 testing)
• Delegate plan administration duties
• Possess technical familiarity with plan rules regarding distributions, loans, and hardships
• Keep current with laws and regulations
• Perform ERISA research relating to employee benefit plans and payroll issues
• Review employer contribution calculations using various allocation methods (i.e. pro-rata, permitted disparity, and cross-tested formulas)
• Respond to client questions or inquiries
• Initiate and manage client communications
• Identify and communicate opportunities/issues with superiors
• Proactively coordinate, plan, and schedule workflow for effective engagement management
• Collaborate cross-departmentally to gather information and resolve client matters

Leadership Responsibilities

• Prepare billing invoices as requested
• Act as a trusted and sought-after business advisor to client and peers
• Share knowledge, train, and serve as a role model for less experienced staff
• Delegate work to less experienced staff based on their knowledge and capabilities
• Effectively oversee staff with poise and professionalism during stressful times and peak periods of client work

Requirements

Required:

• Bachelor's Degree in Accounting, Finance, or related field
• 6+ years of applicable experience
• Experience with Employee Stock Ownership Plans (ESOPs)
• QKA or CPASolid track record of career achievements and work quality
• Experience with Employee Benefits-specific software
• Strong technical knowledge of ERISA and IRS regulations pertaining to retirement plans
• Experience with Forms 5500, 1099‑R, and proficiency with preparation
• Experience with compliance testing (including ADP/ACP discrimination testing, top heavy testing, and 402(g) and 415 testing)
• ASPPA, CEBS, or NIPA certification(s)
• Ability to understand and articulate plan document language
• Ability to articulate complex benefit information to clients and internal personnel
• In-depth understanding of Employee Benefits trends and issues

Preferred:

• Experience with Relius software

Benefits

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance
• Work from home

The annual salary range for this position is: $110,000 - $165,000. This salary range reflects the anticipated responsibilities and qualifications of a successful candidate for this role. Final compensation may vary depending on the individual's experience, knowledge, and skills. Individuals may also be eligible for additional compensation in the form of incentives, commissions, profit sharing, and more, depending on the role.

Location: Des Moines, IA.