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Retirement Plan Administrator
Location
United States
Posted
110 days ago
Salary
$90K - $120K / year
Seniority
Senior
Job Description
Retirement Plan Administrator
Brown & Brown Insurance
• Ensure the retirement plan is administered in accordance with Plan Documents. • Execute and/or oversee day‑to‑day plan administration activities, including file submissions, recordkeeper coordination and oversight, and teammate interactions and customer assistance. • Act in a fiduciary capacity on behalf of and as directed by the Investment Committee to ensure compliance with ERISA and other applicable regulations. • Ensure timely and accurate remittance of records and files to the recordkeeper. • Serve as an internal resource for ADP/ACP testing, top‑heavy testing, and ERISA/IRS/DOL compliance matters. • Coordinate Form 5500 filing with auditors. • Perform record audits, including eligibility and deferral reviews. • Manage teammate communications and provide exceptional customer service. • Communicate plan changes and updates. • Review plan statements and participant accounts; answer teammate questions thoroughly and professionally. • Collaborate cross‑functionally to communicate eligibility, enrollment processes, deferral elections, and plan options (e.g., pre‑tax, Roth, after‑tax, rollovers).
Job Requirements
- Minimum 5 years of defined contribution plan administration experience with ERISA-governed retirement plans.
- Basic accounting knowledge and strong mathematical skills.
- Strong background in Form 5500 preparation and review, as well as compliance testing.
- Excellent written and verbal communication skills.
- Solid understanding of investment options and plan features.
- Ability to contribute to process improvements that enhance scalability, efficiency, and teammate experience.
Benefits
- Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.
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