Retirement Plan Administrator

Smith Hanley Associates; Village of Garden City (NY); Teletrabalho; USD 70 000 - 100 000; Tempo integral

Resumo da oferta

Smith Hanley Associates in NYC metro seeks a Senior Retirement Plan Administrator to join our retirement services team. The role focuses on administering 401(k), cash balance, and defined benefit plans, with emphasis on testing and 5500 filings.

The ideal candidate will have 10+ years' experience, strong client and broker interaction skills, and interest in sales and proposals for new clients.

Qualificações

• 10+ years of experience in 401(k), Cash Balance, and Defined Benefit plan administration, including testing.
• Experience with small-business clients (1–10 employees) and managing a book of 75–120 plans.
• Familiarity with DC & DB combo plans, cash balance plans, and collaborating with actuaries.
• Proficiency with retirement plan software, including Datair and EBG Systems.
• Strong communication and sales skills, with a desire to assist in proposal preparation and sales efforts for new retirement plans.

Responsabilidades

• Plan Administration (A-Z): handle testing, 5500 filings, allocations, and related tasks.
• Book of business management: oversee 75–120 plans for small companies.
• DC & DB Plans: work with DC/DB, cash balance, and combo plans; collaborate with actuaries.
• Proposal Development & Sales: assist in preparing retirement plan proposals for potential clients and brokers.
• Software Knowledge: proficient in Datair and EBG Systems for proposals and plan management.
• Client & Broker Interaction: communicate with clients, brokers, and advisors to guide plan design and administration.

Conhecimentos

Plan administration

Book of business

DC & DB plans

Sales & proposals

Datair

EBG Systems

Client communication

Broker interaction

Ferramentas

Datair

EBG Systems

Descrição da oferta de emprego

Position: Senior Retirement Plan Administrator

Salary: $70,000 - $100,000 + Bonus

Location: NYC Metro (Remote)

Overview: We are seeking a qualified and motivated Retirement Plan Administrator to join our team. The ideal candidate will have a strong background in the administration of 401(k), Cash Balance, and Defined Benefit plans, with significant experience in discrimination testing and overall plan administration. In addition to technical expertise, we are looking for someone with an interest in sales and the ability to assist in designing and proposing retirement plans for new clients.

Key Responsibilities

• Plan Administration (A-Z): Handle all aspects of retirement plan administration, including testing, 5500 filings, allocations, and other associated tasks.
• Book of business management: Manage a book of business consisting of 75-120 plans for small companies with 1-10 employees.
• DC & DB Plans: Have experience working with Defined Contribution (DC) and Defined Benefit (DB) plans, including combo plans and cash balance plans. Collaborate with actuaries and other administrators for effective plan management.
• Proposal Development & Sales: Assist in preparing retirement plan proposals for potential clients, brokers, and advisors. Leverage your sales experience to help the President with internal sales efforts for new plans.
• Software Knowledge: Proficient in using plan administration software, including Datair and EBG Systems, for proposal generation and plan management.
• Client & Broker Interaction: Communicate effectively with clients, brokers, and advisors to ensure a smooth sales process, providing guidance and answering questions regarding plan design and administration.

Qualifications

• 10+ years of experience in the administration of 401(k), Cash Balance, and Defined Benefit plans, including testing, compliance, and other critical plan processes.
• Experience working with small companies (1-10 employees) and managing a significant book of business (75-120 plans).
• Familiarity with DC & DB combo plans, cash balance plans, and collaborating with actuaries and other professionals.
• Proficiency with retirement plan software, including Datair and EBG Systems.
• Strong communication and sales skills, with a desire to assist in proposal preparation and sales efforts for new retirement plans.
• Experience in life insurance as it relates to retirement plans is a plus.
• Ability to work independently, manage time effectively, and collaborate within a team setting.