Compliance Administrator

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist clients in managing their 401(k) plans by performing compliance testing, handling annual IRS filings, and providing plan-design consulting.

• Prepare and evaluate compliance tests including ADP/ACP, Deductibility, Top Heavy, 401(a)(4), 402(g), 410(b), and 415.

• Analyze plan documents and offer clients recommendations on optimal plan designs.

• Draft amendments and notices for plan documents.

• Review Qualified Domestic Relations Orders (QDROs).

• Calculate annual contributions, including new comparability calculations.

• Review, prepare, and guarantee timely submission of Forms 5500, 5330, and 8955-SSA.

• Provide support to Relationship Managers with compliance inquiries, problem resolution, and issue management.

• Assist auditors as necessary.

• Stay up-to-date with ERISA legislation and any proposed changes in legislation.

• Work collaboratively with onboarding, Customer Support, Relationship Managers, and internal operations teams.

⛳️ Requirements

• A minimum of 4 years of progressive experience in retirement plans.

• At least 1 year of experience in compliance testing, annual IRS reporting requirements, comprehensive knowledge of plan documents, and Form 5500 filings.

• Familiarity with ERISA and IRS regulations.

• Proficiency in researching solutions and interpreting technical literature.

• Strong skills in spreadsheet applications.

• Demonstrated mathematical aptitude and problem-solving capabilities.

• Excellent communication and partnership skills, with the ability to explain complex issues to all levels of the organization.

• Self-motivated individual eager to propose and implement process enhancements.

• Willingness to pursue an industry designation within the first 12 months, such as ASPPA or NIPA.

🏝️ Benefits

• 401(k) plan with a dollar-for-dollar employer match up to 4% of compensation, immediately vested, with no plan fees.

• Comprehensive health insurance.

• Dental coverage.

• Vision insurance.

• Competitive paid time off.

• Parental leave.

• Unlimited access to Addition Wealth digital tools, financial professionals, and knowledge center.

• Enhanced mental health support via Lyra for employees and their dependents.

• Fertility healthcare and family-forming benefits through Carrot.

• Student loan resources provided by Candidly.

• Monthly stipend for work-from-home expenses.

• Quarterly lifestyle stipend.

• Opportunities for team-building experiences, virtual social events, and team offsites.