401(k) Compliance Specialist (TPA)

Recruiting for a TPA firm. Remote position.

Looking for an experienced 401(k) compliance professional to complete annual compliance duties for a book of plans. Beyond traditional compliance work, also looking for someone to lead special projects.

Position Responsibilities:

·     Analyze annual or mid-year census information from clients and complete annual nondiscrimination testing requirements, which may include but are not limited to determining if eligibility provisions have been calculated correctly and calculating and preparing proposals for year-end or true-up employer allocations.

·     Perform and review required testing such as “average deferral percentage/average contribution percentage,” Top Heavy, Coverage, Compensation Nondiscrimination, General Nondiscrimination, and Control Group Determinations.

·     Ensuring that neither participants nor client plans exceed IRS and plan limits.

·     Perform and review complex annual nondiscrimination testing, to include but not be limited to new comparability allocations, integrated allocations, and average benefit testing.

·     Calculate employer allocation projections for existing clients.

·     Prepare Form 5500 and other reporting, which may include (among other things) reconciling plan financial statements, preparing annual audit packages for applicable plans, and providing audit support to auditors and clients.

·     Prepare other government filings as required such as Form 8955-SSA, Form 5558, and Form 5330.

·     Partner with internal teams and individuals to complete shared tasks

·     Partner with external clients (advisors, plan sponsors) to resolve critical issues related to Plan Compliance support

·     Identify and recognize compliance issues that arise from a plan’s testing and reporting process and analyze and recommend corrective action related to such issues.

·     Support /lead departmental initiatives and projects.

·     Possess a strong understanding of department processes, procedures and standards.

·     VCP and DFVCP Plan Consulting and filings.

Qualifications:

·     Aligns with our core values:

-Find a Way: No matter the challenge, this candidate uses creativity, initiative, and perseverance to find innovative solutions and achieve their goals.

-Intellectually Curious: This candidate is committed to lifelong learning, remaining open-minded, staying inquisitive, and is resourceful in their pursuit of knowledge and growth.

-Practical: They focus on efficiency, cost-effectiveness, and pragmatic solutions to ensure meaningful and results-oriented outcomes.

-Responsive and Reliable: This person values timeliness and accountability, always keeping their commitments and is dependable in every interaction.

-Personable: They foster a welcoming and friendly environment by being honest, approachable, and empathetic in all that they do.

-Genuine Care for All: This candidate proactively shows compassion, respect, and inclusivity, ensuring that everyone feels valued and supported.

·     Ability to adapt to multiple software applications and work independently on challenging projects.

·     Team player with a good attitude and willingness to work in a fast-paced environment

·     Minimum 5 years of experience in pension administration, including advanced recognition through ASPPA Designation (QKA, QPA, QPC, ERPA etc.)

·     Excellent communication, detail oriented and organizational skills.

·     Excellent verbal and written communication skills.

·     Excellent interpersonal and customer service skills.

·     Proficient in Microsoft Office Suite or related software.

·     Excellent organizational skills and attention to detail.

·     Ability to work independently and in a team environment.

·     Familiarity with following software preferred but not required: FTWilliam 5500, Compliance and plan documents, PensionPro

·     Ability to read and interpret plan documents.

·     Ability to meet regulatory deadlines as well as team and personal goals.

·     Strong problem solving and analytical skills.

·     Ability to handle multiple projects and prioritize workload.

·     Able to react to change productively.

• ·     Strong knowledge of ERISA, IRS and other relevant regulations.