Retirement Plan Compliance Analyst

ComplianceComplianceOtherRemoteSeniorTeam 5,001-10,000Since 2000H1B SponsorCompany SiteLinkedIn

Location

New Jersey + 1 moreAll locations: New Jersey | Pennsylvania

Posted

158 days ago

Salary

$65K - $95K / year

Seniority

Senior

Bachelor Degree3 yrs expEnglish

Job Description

Retirement Plan Compliance Analyst

Ascensus

• Compliance position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants. • Ability to successfully complete and support the work outlined for the Compliance Associate roles. • Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations. • Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information. • Supports DOL, IRS, and Large plan audits. • Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans. • Is responsible for plan administration, compliance and testing for identified blocks of business. • Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines. • Prepares annual valuation and compliance reports for Clients. • Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents. • Supports and completes assigned quality assurance reviews. • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients. • Assist with other tasks and projects as assigned.

Job Requirements

  • Bachelor’s degree preferred
  • 3 to 8+ years of hands-on Retirement plan testing experience will be considered
  • Experience doing Employer Calculations
  • Must have experience with 5500’s and other relevant documents
  • Experience with cash basis and/or trust accounting
  • Strong Word, Excel, and Outlook skills
  • Strong analytical and problem-solving skills
  • Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters
  • Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements
  • QKA designation preferred but not required
  • Involvement or work towards associates QPA designation preferred
  • Prior experience with plan administration software, i.e. FT Williams or ASC preferred.

Benefits

  • 401(k) match
  • Medical
  • Dental
  • Vision
  • Paid-Time-Off

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