Senior Retirement Plan Account Manager (Remote)

Visa Hunt; United States; On-site; USD 85,000 - 125,000; Full time

Job summary

Visa Hunt is seeking an experienced Account Manager for retirement compliance services, including Enhanced 3(16), Comprehensive 3(16) and Institutional 3(16) client support. The role involves managing approximately 100 client relationships, reviewing Form 5500, ensuring timely contributions, confidentiality, and collaboration with auditors.

The ideal candidate has deep knowledge of ERISA, IRS and DOL rules, strong client service and communications skills, and the ability to work effectively in a

Qualifications

• 5+ Years of Defined Contribution retirement compliance and service experience
• Minimum of 1 year in Account Manager or similar role in retirement administration.
• Excellent Client Relationship skills
• Mastery of administrator functions and skills
• Problem solving ability
• Excellent communication and organizational skills
• Ability to work in fast paced team environment
• Knowledge of Excel and other Microsoft applications/software
• Experience with FT Williams strongly desired
• Ability and willingness to provide a high level of service to clients and partners.
• 3(16) Fiduciary Services knowledge a plus
• If remote employee, must have previous experience working from home

Responsibilities

• Provides timely, superior customer service and issue resolution to clients and advisors
• Maintains client relationships with high client retention rate
• Interprets plan documents. Able to identify and effectively communicate improvements to clients and partners.
• Thorough knowledge of ERISA, IRS & DOL regulations regarding qualified plans
• Works with assigned Administrator to ensure deadlines are met timely
• Works with client to ensure Plan corrections are properly executed
• Support the training and development of new team members by providing guidance, sharing best practices, and helping them develop the skills and knowledge needed to succeed in the role.
• Participate in projects throughout the year in order to support the team in meeting industry deadlines.
• Assigned Account Manager for key clients, including large and significant retirement plans.
• Review Form 5500 as prepared by Bundled Recordkeeper
• Review compliance Testing as prepared by the Bundled Recordkeeper (ADP/ACP; 415; 402(g) 416, 410(b))
• Review census data including any data integrity reports, if applicable
• Review employer contribution calculations as prepared by Bundled Recordkeeper
• Review participant QDROs prior to sending to Legal
• Review hardship distribution requests
• Work with plan’s Form 5500 auditor to provide limited audit support for Enhanced 3(16) clients.
• Provides oversight and management of the following tasks as performed byBundled Recordkeeper for an assigned client base of approximately 100 Comprehensive clients.
• Review Plan Document
• Review SPD and SMM for compliance with ERISA
• Review recordkeeper’s preparation and delivery of required plan Notices (including the participant fee disclosure notice)
• Review eligibility provisions and determinations
• Review enrollment
• Review vesting
• Authorize and review the Bundled Recordkeeper’s preparation of SAR
• Confirm forfeitures / Suspense Accounts were used in accordance with plan document
• Confirm the Bundled Recordkeeper processed all involuntary distributions
• Conduct Annual Plan Review (APR)
• Works with Bundled Recordkeeper to pull contribution report to track the timeliness of contributions
• Works with plan’s Form 5500 auditor to provide audit support.

Job description

Visa Hunt is seeking an experienced Account Manager for retirement compliance services, including Enhanced 3(16), Comprehensive 3(16) and Institutional 3(16) client support. The role involves managing approximately 100 client relationships, reviewing Form 5500, ensuring timely contributions, confidentiality, and collaboration with auditors.

The ideal candidate has deep knowledge of ERISA, IRS and DOL rules, strong client service and communications skills, and the ability to work effectively in a