Senior Retirement Plan Operations Lead

First Bank & Trust; Brookings (SD); On-site; USD 60,000 - 85,000; Full time

Job summary

The Retirement Plan Services Operations Supervisor at First Bank & Trust in Brookings, SD oversees the Retirement Plan Services Administrators, providing day-to-day leadership, workflow direction, and quality control for retirement plan administration.

The role requires a bachelor’s degree and six years of relevant experience, advanced knowledge of ERISA, IRS and DOL requirements, and strong people management and communication skills.

Qualifications

• Bachelor’s degree and at least six years of relevant experience.
• Advanced knowledge of qualified retirement plan administration, ERISA, IRS, and DOL requirements.
• Prior supervisory experience is strongly preferred.
• Strong communication skills and proficiency with Excel, reporting tools, databases, and retirement recordkeeping systems.

Responsibilities

• Lead the team and foster teamwork, communication, and accountability.
• Oversee retirement plan administration and recordkeeping activities daily.
• Provide technical guidance and quality reviews for complex transactions.
• Ensure compliance with ERISA, IRS, DOL and internal policies.
• Coordinate Form 5500 preparation and related reporting.

Skills

People management

Communication skills

Excel

Recordkeeping systems

ERISA knowledge

Education

Bachelor's degree

Tools

Reporting tools

Databases

Retirement recordkeeping systems

Job description

The Retirement Plan Services Operations Supervisor at First Bank & Trust in Brookings, SD oversees the Retirement Plan Services Administrators, providing day-to-day leadership, workflow direction, and quality control for retirement plan administration.

The role requires a bachelor’s degree and six years of relevant experience, advanced knowledge of ERISA, IRS and DOL requirements, and strong people management and communication skills.