Plan Consultant – DB/CB

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

📋 Description

• Manage and oversee a designated portfolio of plans, which may include defined benefit, cash balance, and/or defined contribution plans.

• Prepare and/or evaluate valuations and compliance tests in accordance with ERISA guidelines and IRS procedures.

• Compute plan contributions to maximize tax benefits while satisfying necessary testing requirements.

• Conduct mandatory testing, such as 401(a)(4) General Testing, 410(b) Coverage, 401(a)(26) Minimum Participation, and 414(s) Compensation Ratio Testing.

• Create asset reconciliations and undertake trust accounting as needed.

• Calculate self-employment income when necessary.

• Prepare and/or review government submissions following IRS, DOL, and PBGC guidelines, including Forms 5500, 5330, Schedule SB, and PBGC Comprehensive Premium filings.

• Analyze plan documents and proactively suggest modifications to meet client requirements.

• Review and assess employee census data to ascertain if additional information is required.

• Assist plan sponsors throughout the plan termination process, including for PBGC-covered plans.

• Liaise with plan sponsors, advisors, and accountants.

• Develop preliminary design studies and projections for prospective clients.

• Collaborate with actuaries and consultants to ensure exceptional client service.

• Calculate retirement distribution benefits across all optional forms.

⛳️ Requirements

• At least 3+ years of experience in the administration of defined benefit and cash balance plans.

• Intermediate skill level in conducting DC nondiscrimination testing to meet combined plan testing standards.

• Capacity to work effectively under pressure and prioritize tasks according to deadlines.

• Proficient in Microsoft products, particularly Excel and Word.

• Comprehensive understanding of IRS, DOL, and ERISA regulations.

• Ability to work independently with minimal supervision.

• Strong written and verbal communication abilities.

• Exceptional attention to detail and accuracy.

• Robust analytical and mathematical capabilities.

• Familiarity with PBGC requirements.

• ASPPA or IRS industry-specific designations are preferred but not mandatory, or a willingness to pursue them.

• Practical knowledge of PensionPro, CalcAir (formerly Datair), and FTWilliam.

🏝️ Benefits

• Medical, Dental & Vision — we cover 80% for employees and 50% for dependents.

• 401(k) plan with safe harbor contributions.

• Generous open PTO policy.

• Life insurance, FSA, & HSA options.

• Continuous industry training and professional development opportunities.

• A collaborative team that genuinely enjoys working together.