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Senior Associate, Retirement Plan Compliance
Location
Pennsylvania
Posted
52 days ago
Salary
$80K - $120K / year
Seniority
Senior
Job Description
Senior Associate, Retirement Plan Compliance
WTW
• Draft/amend customized comprehensive defined benefit and defined contribution plan documents, summary plan descriptions, summaries of material modifications and other plan related documents and participant communications. • Ensure all plan documents comply with ERISA regulations and other applicable federal laws. • Adhere to document production timelines to ensure efficiency and timely document production. • Organize and maintain plan documents, ensuring they are up-to-date and accessible. • Train and mentor staff on plan document drafting and compliance. • Provide technical guidance regarding plan language and training for the internal team as needed. • Keep abreast of laws and regulations impacting employee benefits, claims procedures, and notice requirements.
Job Requirements
- Bachelor's degree in English or legal studies, or equivalent concentration preferred.
- 5+ years of experience drafting, amending, and tracking changes to pension (defined benefit and defined contribution) benefit plan documents, summary plan descriptions, and summaries of material modifications.
- Detailed understanding of laws governing pension plans including ERISA and the Internal Revenue Code are a must have.
- Expertise with Microsoft Office software programs including Word, Excel, Outlook, PowerPoint.
- Excellent analytical, writing and verbal skills.
- Ability to work independently and as part of a team
- Experience with reviewing or qualifying domestic relations orders not required but a plus.
Benefits
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans
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