Compliance Specialist III

This is a fully remote position, open to applicants in Florida, +4 more states.

📋 Description

• Prepare increasingly intricate compliance tests and year-end packages.

• Evaluate plan eligibility criteria and identify eligible participants.

• Assess allocation conditions and compute requested contributions and forfeiture allocations.

• Execute ADP/ACP, 415 annual additions, 416 Top Heavy, and 410(b) coverage tests.

• Conduct self and peer reviews.

• Prepare, review, and publish Form 5500, Form 5330, Form 8955-SSA, and other regulatory documents.

• Reconcile Form 5500 and relevant schedules for large filer plans.

• Support Plan Consultants with auditor inquiries.

• Maintain understanding of moderate-complexity retirement plans and enhance knowledge of more complex plans.

• Investigate and resolve testing and Form 5500 issues.

• Collaborate with various departments as necessary.

• Assist and guide team members with intricate problems.

• Work alongside Managers to establish processes and apply best practices.

• Prepare asset reconciliations and investigate discrepancies.

• Prepare external asset and balance-forward earnings allocations along with participant validations.

• Draft plan documents, including Restatements, Amendments, SPDs, SMMs, and Notices.

• Aid with QDRO allocations and corrective earnings calculations.

• Perform additional duties as assigned.

⛳️ Requirements

• Associate's degree and over 5 years of relevant experience, or an equivalent combination of education and experience.

• ASPPA Qualified 401(k) Administrator (QKA) designation is mandatory.

• Capability to read and interpret retirement adoption agreements, program manuals, and government instructions and guidance.

• Proficiency in writing reports and emails/correspondence.

• Ability to work effectively with employees throughout the company.

• Advanced mathematical skills, including fractions, percentages, and ratios.

• Familiarity with Microsoft Excel and Word.

• Capacity to work independently and manage multiple tasks efficiently.

• Must have authorization to work for any employer in the United States.

• Employment visa sponsorship is not available.

🏝️ Benefits

• At least 22 days of paid time off annually.

• Six weeks of paid parental leave at 100% of salary.

• Medical coverage.

• Employer HSA contributions for High Deductible Health Plan participants.

• Dental and vision coverage.

• Flexible spending accounts for healthcare and dependent care.

• Employer-paid short-term and long-term disability coverage.

• Option to purchase additional long-term disability coverage.

• Employer-paid basic life insurance.

• Option to purchase supplemental life insurance.

• Voluntary hospital, accident, and critical illness coverage.

• 401(k) plan with employer matching.

• Optional Roth 401(k).

• Pension plan.

• Adoption assistance.

• Tuition reimbursement.

• Employee Assistance Program (EAP).

• Pet insurance.

• Financial and banking services benefits.

• Financial planning assistance.

• Wellness initiatives.

• Flexible work arrangements.

• Development programs and career development tools.

• Performance-based incentives.

• Bonuses.

• Competitive compensation.