Retirement Plan Third Party Administrator

GBQ Holdings LLC; Columbus (OH); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

401(k) with Company Match

Medical Benefits

Dental Benefits

Vision Benefits

Life and Disability Benefits

Job summary

A leading retirement consulting firm in Columbus, Ohio is looking for a Retirement Plan Third Party Administrator. You will oversee the administration of retirement plans such as 401(k) and profit-sharing, ensuring compliance with regulations and preparing required documents. The ideal candidate has at least 3 years of relevant industry experience, excellent communication skills, and a strong attention to detail. Join a flexible environment with career growth opportunities.

Qualifications

• 3 years of retirement industry experience required.
• Experience in accounting, human resources, or financial fields is advantageous.
• Proficiency in writing and verbal communication.

Responsibilities

• Manage day-to-day administration of retirement plans (401(k), profit-sharing).
• Ensure compliance with federal regulations.
• Analyze census data and calculate employer contributions.

Skills

Detail-oriented

Analytical

Excellent communication skills

Proficient in MS Office

Education

Bachelor's degree or equivalent experience

Job description

Career Opportunities with GBQ Holdings LLC

A great place to work.

Current job opportunities are posted here as they become available.

Retirement Plan Third Party Administrator

The Siekmann Company is a Retirement and Benefits consulting firm located in Columbus, Ohio. Our primary focus is to work with small and mid-size businesses to provide retirement plan and employee benefit solutions utilizing innovative technology to help employees and employers experience success in offering these programs. We are looking for an experienced individual to help manage and support our retirement team practice. This person works well with others, is accountable, honest, detail oriented, and eager to achieve success. The ideal candidate is a self-motivated and a well-organized individual who has a deep understanding of service and developing strong relationships with clients. Knowledge and experience in the retirement or 401(k) industry or related industry required. Flexible work environment with opportunities for career growth.

Job Summary

The TPA is responsible for the day-to-day administration of retirement plans such as 401(k) and profit-sharing plans. This role ensures plans remain compliant with federal regulations, prepares plan documents, analyzes census data, calculates employer contributions, completes compliance testing, prepares required filings, problem solves and serves as a liaison between plan sponsors, recordkeepers, and financial advisors.

Duties and Responsibilities

• Represent our brand and company according to our values and ethics
• Treat clients, coworkers, and business partners with respect and courtesy at all times
• Support and manage a portfolio of retirement plans (401(k), Profit Sharing, Cash Balance) to ensure execution of administrative actions, Plan compliance requirements and government reporting.
• Support administration team to perform annual financial valuations, nondiscrimination testing (Coverage Testing, ADP/ACP, Top-Heavy), and necessary tax filings such as IRS Form 5500s.
• Review plan contributions, financials and perform year end reconciliation of plan contributions.
• Coordinate plan design and setup requirements including drafting and amending plan documents during plan conversions, terminations, and mergers.
• Prepare and distribute required annual notices and disclosures.
• Serve as the primary point of contact for plan sponsor, advisor, and custodian inquiries.
• Provide technical guidance on plan design and regulatory updates.
• Coordinate with CPAs, investment advisors, Plan Auditors, recordkeepers and legal counsel

Required Skills and Qualifications

• Bachelor's degree or equivalent experience preferred.
• 3 years of retirement industry or related industry (accounting, human resources, or financial) experience required.
• Excellent written and verbal communication skills.
• Must be detail-oriented, analytical, and organized
• Proficient in MS Office applications, such as Word, Excel, PowerPoint, etc.
• Experience reconciling financial statements and identifying discrepancies preferred
• Must be legally eligible to work in the country in which you are hired.
• 401(k) with Company Match
• Medical, Dental, Vision, Life and Disability Benefits