Job Summary:
This position specializes in the compliance of ERISA qualified retirement plans. Primary responsibilities are to assist with plan compliance and quality control.
Location: The ideal candidate will be located in our Cordova, TN or Lexington, KY office and will work in a hybrid model, 3 days per week in office. (Remote candidates may also be considered).
Duties/Responsibilities:
- Ability to perform or quality review nondiscrimination testing and other compliance related tasks completed by plan compliance team members.
- Participate in staff development of plan compliance team by providing ERISA technical guidance and quality review feedback.
- Expert understanding of qualified plan retirement plan contributions (including New Comparability).
- Perform QDRO reviews for accuracy and completeness and determine the award to alternate payee.
- Review death distributions to determine beneficiary and payout period.
- Update compliance materials, participant forms, letters and distribution packages for law changes/disclosures within recordkeeping software and web access by client.
- Effectively execute resolution to escalated technical issues from clients and/or internal staff.
- 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.
- Maintain an expert level knowledge of qualified plan regulations.
- Possess a strong understanding of department processes, procedures and standards
Required Skills/Abilities:
- College degree or relevant work experience required
- QKA (Qualified 401(k) Administrator) designation preferred
- 10+ years of Retirement or Pension experience preferred
- Ability to operate the following:
- PC, calculator, copy/scan/fax machine, telephone
- Ability to work with the following software:
- Relius Administration, FTWilliams, CRM, Access, Excel, Word, Adobe, Relius Documents
- Ability to read and interpret plan documents.
- Possess the following skills:
- Ability to work both independently and in a team environment.
- 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.
- Excellent communication skills, both written and verbal.
- Able to react to change productively.
- Expert knowledge of ERISA, IRS, and DOL regulations
Salary: $80,000 – $95,000 base salary, based on experience, plus eligibility to participate in company’s bonus program.