EdgeCo Holdings is comprised of several affiliated companies focused on providing a broad array of sophisticated financial products, technology, and support services in the areas of full-service retirement plan administration, brokerage services, and trust & custody solutions. EdgeCo provides these services through numerous subsidiary entities including American Trust, Mid Atlantic Trust Company, NewEdge Capital Group and PensionPro Software.
This position specializes in the compliance of ERISA qualified retirement plans. Primary responsibilities are to assist with plan administration and quality control.
Ability to perform or quality review nondiscrimination testing, Form 5500 and other compliance related tasks completed by Administration team members.
Participate in staff development of Administration team by providing ERISA technical guidance and quality review feedback.
Maintain an expert level knowledge of qualified plan regulations and administration.
Update compliance materials for law changes.
Perform QDRO reviews for accuracy and completeness and determine the award to alternate payee.
Identify and recognize any compliance issues that arise from a plan’s testing and reporting process and recommend corrective action related to such issues.
Review death distributions to determine beneficiary and payout period. Prepare customized letters if necessary.
Effectively execute resolution to escalated technical issues from internal staff and clients.
Identify and utilize internal and external resources for compliance resolution.
Provide plan design support for existing and on boarding clients.
Participate in compliance related projects and other duties as assigned.
Possess a strong understanding of department processes, procedures and standards
Excellent verbal and written communication skills.
Excellent interpersonal and customer service skills.
Proficient in Microsoft Office Suite or related software.
Excellent organizational skills and attention to detail.
Ability to work independently and in a team environment.
Ability to operate PC, calculator, copy/scan/fax machine, telephone
Ability to work with the following software: Relius Administration, FTWilliam, CRM, Relius Documents
Ability to read and interpret plan documents.
Ability to meet regulatory deadlines as well as team and personal goals.
Strong problem solving and analytical skills.
Ability to handle multiple projects and prioritize workload.
Able to react to change productively.
Expert knowledge of ERISA, IRS, and DOL regulations
Education and Experience:
College degree or relevant work experience.
Ten or more years of Retirement or Pension experience preferred.
Industry related designation(s) preferred.
Employees are eligible to participate in company benefits including health, dental, and vision insurance on the first of the month after their hire date. The company also provides a 401(k) plan with company match, group life insurance, short- and long-term disability, as well as additional voluntary benefits for employees to elect participation in.