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Sr. Retirement Plan Administrator - $120K-$130K
Company | CPS, Inc. |
Address | United States |
Employment type | FULL_TIME |
Salary | |
Category | Staffing and Recruiting |
Expires | 2023-08-12 |
Posted at | 11 months ago |
The Sr. Retirement Plan Administrator will act as the single point of contact for a group of existing Retirement Plan Services clients. Must be familiar with all aspects of plan administration including required testing, Form 5500 preparation, and plan design, and regulations related to the retirement plan.
The Sr. Retirement Plan Administrator will develop and demonstrate a basic understanding of retirement plans with the goal of helping our clients manage their retirement plans appropriately.
Responsibilities
The Sr. Retirement Plan Administrator will develop and demonstrate a basic understanding of retirement plans with the goal of helping our clients manage their retirement plans appropriately.
Responsibilities
- Effectively communicates the necessary regulatory information and testing requirements to clients in a way that can be easily understood by individuals who are not in the business.
- Works with all associates in a manner that fosters mutual respect and teamwork.
- Performs all facets of daily plan administration including processing of contributions, loans, distributions, hardship withdrawals, and QDROs.
- Works with internal associates, clients, and vendors to ensure accurate and timely response to all outstanding client/plan issues.
- Consistently provides a high level of customer service in terms of response rate and problem resolution.
- Reviews, interprets and maintains the legal plan documents in order to assist clients in ensuring plan compliance with current IRS/DOL regulations.
- Remains current with the laws and regulations for retirement plan administration.
- Prepares signature ready Forms 5500 and other government fillings.
- Performs nondiscrimination and other testing and providing strategic alternatives for correction of failures and presents options to improve future nondiscrimination test results.
- Bachelor's degree or an equivalent combination of education, training, and experience.
- Excellent customer service skills including the ability to manage client expectations and provide superior follow-up service.
- ASPPA Credentials are always appreciated
- Must be a team player but also work well independently, have a strong ability to problem solve and must pay close attention to detail.
- Advanced working knowledge and understanding of retirement plan administration and associated regulations and IRS tax rules.
- Excellent written and verbal communication skills are required to ensure the daily projection of a professional customer-focused image.
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