Defined Contribution Reviewer

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

📋 Description

• Assess defined contribution plan valuations, administration projects, and calculations for precision and compliance, encompassing contributions, allocations, vesting, and participant distributions.

• Evaluate annual nondiscrimination and compliance testing, including ADP/ACP, top-heavy, 402(g), 415, 410(b), and 401(a)(4) testing, along with cross-tested and combination plan designs.

• Analyze annual reports, participant disclosures, IRS Forms 5500 and 8955-SSA, regulatory filings, and client communications.

• Investigate and offer technical guidance on intricate ERISA, IRS, and Department of Labor compliance issues.

• Act as a technical resource for Plan Administrators and team members regarding plan administration, compliance, and plan design.

• Draft and evaluate retirement plan documents, including amendments, takeover and start-up documents, and plan restatements.

• Oversee a small portfolio of retirement plan clients, ensuring timely and precise administration.

• Collaborate with Plan Administrators, actuaries, Relationship Managers, New Business teams, and leadership to address technical challenges and provide guidance and training.

• Keep abreast of regulatory and legislative changes and assist in updating internal procedures and administrative practices.

• Promote consistency, accuracy, and quality throughout retirement plan administration processes.

• Engage in ongoing education and professional development, including industry webcasts and ASPPA coursework or examinations.

• Undertake additional responsibilities and special projects as assigned.

⛳️ Requirements

• A minimum of 8 years of experience in the retirement plan sector, ideally within a Third-Party Administration (TPA) environment, with considerable expertise in compliance review, full-cycle plan administration, and/or plan design.

• Strong foundational knowledge of 401(k) and Profit Sharing Plans.

• Advanced comprehension of ERISA regulations and relevant IRS and DOL requirements, including compliance testing and regulatory filings.

• Experience in reviewing retirement plan documents and spotting opportunities for enhancements in plan design or compliance updates.

• Familiarity with Datair retirement plan administration software is preferred.

• Excellent analytical and problem-solving abilities, with a keen eye for detail.

• Capacity to independently research and resolve complex technical issues while collaborating with colleagues when necessary.

• Exceptional organizational and time-management skills, able to juggle multiple priorities and regulatory deadlines.

• Strong interpersonal abilities and a collaborative approach, with a readiness to mentor colleagues and share technical expertise.

• Outstanding written and verbal communication skills.

• Proficiency in Microsoft Excel, Word, and Outlook.

• Proven professionalism, sound judgment, and a commitment to maintaining confidentiality.

• ASPPA or other relevant industry credentials, such as QPA, QKA, or ERPA, are advantageous.

🏝️ Benefits

• Hybrid and remote options are available for numerous roles.

• Competitive paid time off, including flexible and unlimited options.

• An inclusive environment that values diversity, collaboration, and respect.

• Continuous learning and career development support.

• Coverage for health, dental, vision, life, and disability.

• Incentive bonus programs.

• Flexible working hours.

• Additional workplace perks.