Compliance Specialist III – TPA, DPS

This is a fully remote position, open to applicants in Alabama, +18 more states.

📋 Description

• Prepare a variety of increasingly complex compliance and government filings in accordance with company service standards and departmental procedures.

• Review complex compliance and government filings completed by fellow team members.

• Provide mentoring and training to other team members.

• Create compliance tests and year-end packages, which include eligibility reviews, allocation conditions, contribution and forfeiture calculations, as well as ADP/ACP, 415, 416 Top Heavy, and 410(b) coverage tests.

• Prepare, review, and submit Forms 5500, 5330, 8955-SSA, and other necessary regulatory documents.

• Reconcile and prepare Form 5500 along with applicable schedules for large filer plans.

• Assist Plan Consultants in addressing auditor inquiries.

• Maintain understanding of moderately complex plans while enhancing knowledge of more complex plans.

• Research and resolve testing and Form 5500 concerns, collaborating with other departments when necessary.

• Support and guide team members in navigating complex issues and inquiries.

• Collaborate with Managers to refine processes and establish best practices in service delivery.

• Prepare asset reconciliations and investigate discrepancies.

• Conduct outside asset and balance-forward earnings allocations along with participant validations.

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

• Assist with QDRO allocations and perform corrective earnings calculations.

• Execute other tasks as assigned.

⛳️ Requirements

• Associate's degree with 5+ years of relevant experience or an equivalent combination of education and work experience.

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

• Proficiency in reading and interpreting retirement adoption agreements, program manuals, along with government instructions and guidelines.

• Strong writing skills for reports and correspondence, with the ability to collaborate effectively with employees across the organization.

• Advanced mathematical abilities, including the application of fractions, percentages, and ratios.

• Proficient in Microsoft Excel and Word.

• Capable of working independently while managing multiple tasks simultaneously.

• Applicants must have authorization to work for any employer in the U.S.; employment visa sponsorship is not available.

🏝️ Benefits

• Generous Paid Time Off: A minimum of 22 days each year, prorated during the year of hire.

• Parental Leave: Six weeks of paid leave at 100% salary.

• Comprehensive Medical Coverage, including employer contributions to HSA for High Deductible Health Plan participants.

• Dental and Vision Coverage.

• Flexible Spending Accounts for healthcare and dependent care expenses.

• Employer-Paid Disability Coverage: both short-term and long-term, with an option to purchase additional long-term coverage.

• Employer-paid basic life insurance, with an option to buy supplemental coverage.

• Voluntary benefits, including 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, along with financial planning assistance.

• Wellness initiatives.

• Flexible work arrangements.

• Opportunities for volunteer service and charitable partnerships.

• Access to development programs and tools.

• Performance-based incentives.