Job Summary

This position specializes in the compliance, administration, and recordkeeping of ESOP/KSOP retirement plans. Primary responsibilities are to perform ESOP/401k compliance testing, oversee/complete recordkeeping tasks in our Relius software, and communicate with plan sponsors.

Responsibilities

Responsible for the overall client engagement from start to finish.
Communicate with Trustees, Advisors, CPAs, and Attorneys as it pertains to the plan.
Perform annual/quarterly valuations.
Perform all ESOP compliance testing (409(p) anti-abuse, C-Corp 1/3 test, 410(b) coverage, (415(c), etc.).
Perform all 401(k) testing for KSOP plans (ADP/ACP, top-heavy, 410(b), 414(s), 415(c), etc.).
Calculate and perform stock recycle/segregation transactions.
Calculate and perform reshuffling transactions.
Complete all required government reporting (Form 5500, 8955-SSA, Form 5330, etc.) and provide plan audit support.
Identify all participants eligible for diversification each year and prepare calculations/notices.
Oversee the NUA (Net Unrealized Appreciation) tracking spreadsheets and coordinate 1099-R and 1099-B form creation at year-end.
Review distributions and loans prior to assignment to distribution processor.
Ensure that plan deadlines are being met while handling multiple simultaneous tasks.
Document new processing instructions for support staff to facilitate new recurring procedures and processes.

Skills/Abilities

3 years of Relius Recordkeeping experience working with the trading interface and transaction ledgers
Experience creating pivot tables and VLOOKUP formulas in Microsoft Excel required.
Knowledge of legislative regulations of defined contribution plans including, but not limited to, 401(k) and ESOP/KSOPs.
Organization and communication skills are a must.
Experience in a Customer-facing environment required.
Willingness to work on 401(k), 403(b), and 457(b) plans in addition to ESOP retirement plans is a plus.
Demonstrated ability to identify and problem solve complex situations.
Must be a team player and be able to work independently.
The ability to perform quality work in a fast-paced environment and meet supported deadlines.
A clear understanding of technical issues, and the ability to clearly demonstrate both orally and in writing.
Microsoft Office experience required (Excel, Outlook and Word).
Experience in working with synthetic equity for ownership testing is a plus.
Experience in working with leveraged ESOPs is a plus.
Salesforce software experience is a plus.
FT Williams 5500 software experience is a plus.
Demonstrated relational skills such as diplomacy, judgment, decision making and discretion.
Initiative, creativity, and energetic active engagement in all work responsibilities.
Demonstrated professional business skills and demeanor.
Apply judgment with respect to high level business impact and risk.

Salary: Up to $110,000 base salary, based on experience, plus eligibility to participate in company’s bonus program.