Senior Defined Contribution Plan Specialist

Farmers National Bank of Canfield; Cleveland (OH); On-site; USD 50,000 - 75,000; Full time

Job summary

Farmers National Banc Corp. seeks a detail‑oriented professional to review, amend and support Defined Contribution plans, prepare required reports and government filings, and track loan payments.

You will compile information for quarterly and annual allocation reports, reconcile assets, prepare IRS Form 5500 and related schedules, and communicate with clients and auditors to ensure compliance across all plan activities.

Qualifications

• High School Diploma or GED required.
• Minimum of two years’ experience with defined contribution plans preferred.
• Basic math and/or accounting skills.

Responsibilities

• Compile various types of information needed to produce quarterly, semi-annual or annual allocation reports.
• Reconcile plan assets for each valuation period.
• Develop and implement any plan amendments as necessary.
• Update plan specifications and allocate employer contributions, forfeitures and investment earnings.
• Prepare IRS Form 5500 and related schedules; file forms electronically.
• Calculate benefits for termination, withdrawals, loans and distributions.
• Prepare loan documents and amortization schedules; track repayments.
• Maintain contact with clients, accountants, attorneys, and other stakeholders.
• Attend client meetings and support new cases for ASC/AMS setup.
• Complete mandatory training including BSA and AML; ensure compliance.
• Regular attendance is an essential requirement.

Education

High School Diploma or GED

Two years’ experience with defined contribution plans

Job description

Farmers National Banc Corp. seeks a detail‑oriented professional to review, amend and support Defined Contribution plans, prepare required reports and government filings, and track loan payments.

You will compile information for quarterly and annual allocation reports, reconcile assets, prepare IRS Form 5500 and related schedules, and communicate with clients and auditors to ensure compliance across all plan activities.