Retirement Plan Compliance Analyst III

The company name is "The Standard".; Portland (OR); On-site; USD 80,000 - 109,000; Full time

Job summary

An established industry player in financial services is seeking a dedicated professional to oversee defined contribution retirement plans. This role involves conducting data analysis, ensuring compliance with regulations, and serving as a subject matter expert in retirement plan administration. The ideal candidate will have a strong background in compliance testing and a commitment to employee well-being. With a supportive management approach and opportunities for career growth, this position offers a comprehensive benefits package and a generous paid time off policy. If you are passionate about making a difference in the financial services sector, this is the perfect opportunity for you.

Benefits

Comprehensive benefits package

Annual incentive bonus plan

Generous paid time off

Opportunities for career growth

Supportive management approach

Qualifications

• 5+ years of experience in defined contribution plan administration.
• Hands-on experience with compliance and non-discrimination testing.

Responsibilities

• Conduct data analysis on retirement plans for legal compliance.
• Prepare annual government filings and perform non-discrimination testing.

Skills

Data Analysis

Compliance Testing

Problem Solving

Communication Skills

Education

Bachelor's degree in a related field

Tools

Form 5500 preparation

Job description

Employer Industry: Financial Services

Why consider this job opportunity:

1. Salary up to $108,750
2. Annual incentive bonus plan available
3. Comprehensive benefits package, including medical, dental, vision, and retirement benefits
4. Generous paid time off, including 164 hours per year and 11 paid holidays
5. Opportunities for career growth and advancement
6. Supportive management approach with a focus on employee well-being

What to Expect (Job Responsibilities):

1. Conduct data analysis and research on defined contribution retirement plans to ensure legal compliance
2. Communicate with account management to identify and resolve compliance issues and provide potential solutions
3. Serve as a subject matter expert on retirement plan administration and lead training events
4. Prepare annual government filings and perform non-discrimination testing for plans
5. Review and analyze plan documents for accuracy and compliance with regulations

What is Required (Qualifications):

1. Minimum of 5 years of experience in defined contribution plan administration
2. Hands-on experience with compliance and non-discrimination testing of retirement plans
3. Proficiency in Form 5500 preparation
4. Deep knowledge of the Employee Retirement Income Security Act of 1974 (ERISA)
5. Bachelor's degree in a related field or equivalent relevant experience

How to Stand Out (Preferred Qualifications):

1. Pursuit of American Society of Pension Professionals and Actuaries (ASPPA) classes related to the Qualified Pension Administrator (QPA) designation or higher
2. Experience in customer contact and handling complex compliance questions