Senior Defined Contribution Plan Consultant

Fidelity Investments Inc.; Smithfield (RI); On-site; USD 75,000 - 115,000; Full time

Job summary

Fidelity Investments Inc. is seeking a Plan Consultant to draft and execute Fidelity’s Pre-Approved Plan Document, interpreting plan provisions and negotiating contracts with clients and attorneys.

The role involves ensuring regulatory compliance and coordinating with internal partners on project progress. The candidate should have Defined Contribution retirement plan experience, ERISA knowledge, and strong negotiation and communication skills.

Qualifications

• Defined contribution retirement plan experience preferred.
• Strong understanding of ERISA and regulatory issues especially related to 401(k)/403(b) plans.
• College Degree or equivalent experience preferred.
• CPA, CEBS, ERPA or ASPPA designation(s) preferred.
• Strong contract negotiation skills: articulate a point of view clearly.
• Excellent written and verbal communication skills.
• Proficient in Microsoft Office, Zoom, Microsoft Teams, Salesforce, Plan Central, XTRAC.
• Ability to manage multiple projects with good time management.

Responsibilities

• Analyze plan documents to ensure compatibility with Fidelity's Pre-Approved Plan Document and identify 411(d)(6) protections.
• Review plan provisions and Fidelity services with employers to aid feature selection.
• Draft, negotiate, and finalize Pre-Approved Adoption Agreement and Service Agreement.
• Communicate project progress, issues, and accomplishments with stakeholders.
• Review and negotiate document exceptions to the Pre-Approved Plan Document.
• Negotiate service exceptions including modifications to the Service Agreement terms.
• Sign documents on behalf of FMTC and Fidelity Workplace Services.
• Participate in process improvement and companywide initiatives.

Skills

Defined contribution

ERISA knowledge

Contract negotiation

Communication

Multi-project management

Problem solving

Technical explanation

Office software

Salesforce

Plan Central

Education

College degree or equivalent

CPA/CEBS/ERPA/ASPPA

Tools

Microsoft Office

Zoom

Microsoft Teams

Salesforce

Plan Central

XTRAC

Job description

Fidelity Investments Inc. is seeking a Plan Consultant to draft and execute Fidelity’s Pre-Approved Plan Document, interpreting plan provisions and negotiating contracts with clients and attorneys.

The role involves ensuring regulatory compliance and coordinating with internal partners on project progress. The candidate should have Defined Contribution retirement plan experience, ERISA knowledge, and strong negotiation and communication skills.