[Hiring] Compliance Specialist IV @EPIC Retirement Plan Services

Role Description

The Compliance Specialist IV is directly responsible for preparing any and all compliance and government filings within company service standards and working with manager and team lead to monitor workloads and ensure deliverables are completed timely and accurately across the team. Mentor and train other team members. Develop new processes and tasks.

Qualifications

• Associate's degree and 7+ years related experience or an equivalent combination of education and experience.
• ASPPA Qualified 401(k) Administrator (QKA) designation required.

Requirements

• Ability to read and interpret documents such as retirement adoption agreements, program manuals, and government instructions and guidance.
• Ability to write reports and emails/correspondence, and work effectively with employees across the company.
• Advanced math skills including the ability to apply concepts such as fractions, percentages, and ratios.
• Experience with Microsoft programs including Excel and Word.
• Ability to work independently and balance multiple tasks.

Tasks Performed

• 45% Prepare compliance tests and year end packages including: review of plan eligibility requirements and determination of eligible participants; review of plan allocation conditions and calculation of requested contributions and forfeiture allocations; ADP/ACP nondiscrimination, 415 annual additions, 416 Top Heavy, and 410(b) coverage tests; and conduct self and peer review as needed.
• 10% Maintain a working knowledge of all plan designs and allocation options, including but not limited to 401(k) 403(b), Davis Bacon, MEPs, PEPs, balance forward valuations, and defined benefit and cash balance combo plans.
• 10% Prepare, review, and publish Form 5500, Form 5330, Form 8955-SSA and other regulatory forms required. Reconcile and prepare the Form 5500 and all applicable schedules for large filer plans and assist Plan Consultants in answering any auditor questions.
• 10% Research and resolve testing and 5500 issues and questions, which may include collaboration with other departments as needed. Assist and mentor other team members with complex issues and questions. Work with Managers to develop processes and implement best practices that ensure a set standard of service.
• 5% Prepare asset reconciliation and research differences as needed for plan valuation, testing and reporting requirements.
• 5% Prepare outside asset and balance forward earnings allocations and participant validations (monthly, quarterly, annually) as needed.
• 5% Prepare Plan Documents, including but not limited to Restatements, Amendments, SPDs, SMMs and Notices.
• 5% Assist with QDRO allocations and corrective earnings calculations as needed.
• 5% Perform other duties as assigned.

Physical Requirements

• Communicate effectively with internal and/or external customers.
• Stationary 75% of the time or greater.
• Move objects up to a maximum of 10 lbs.

Benefits

• Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
• Parental Leave: Six weeks of paid leave at 100% of your salary.
• Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Dental and Vision Coverage: Ensuring your overall health and well-being.
• 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.
• Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
• Voluntary Benefits: Including hospital, accident, and critical illness coverage.
• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
• Adoption Assistance: Supporting your growing family.
• Tuition Reimbursement: Invest in your education and career growth.
• Employee Assistance Program (EAP): Access to support and resources.
• Pet Insurance: For all your furry friends.
• Financial and Banking Services: Various banking services benefits and financial planning assistance.