[Hiring] Retirement Plan Consultant @DEFINITI LLC

Role Description

The Retirement Plan Consultant (RPC) Combo Plans will be responsible for the day-to-day management of an assigned caseload of Defined Benefit/Cash Balance/401(k) Combo Plans.

Primary Duties and Responsibilities

• Assigned case of 130-150 combination plans, primarily Cash Balance/401k Plans and serve as single point of contact.
• Ability to accurately interpret and apply plan document provisions.
• Ensure compliance with DOL and IRS requirements.
• Preparation and review of 401(k) Plan Trust Accounting.
• Annual compliance testing for assigned clients (402(g), 415(c), 410(b), ADP/ACP, Plan Limits, Top Heavy, etc.).
• Preparation and filing of Form 5500 and related schedules.
• Closely working with assigned Actuarial Analyst and Consulting Actuary.

Qualifications

• Understand plan documents (Basic Plan Document, Adoption Agreement, Summary Plan Description (SPD), Amendments, Summary of Material Modifications (SMM) and annual notices).
• Understand the annual lifecycle of plan (data collection, eligibility, compliance testing, trust accounting and Form 5500 preparation and filing).
• Proficiency with Microsoft Office applications.
• Demonstrated excellence in written and verbal communication.
• Must be detailed and possess strong organizational skills. Solutions oriented.
• Understand requirements for QDRO support.

Requirements

• High school diploma or GED required.
• Bachelor’s degree preferred.
• 401(k) Plan Compliance testing required.
• Experience with Cash Balance and Defined Benefit Plans a plus.
• ASC software strongly preferred; would consider equivalent software (Datair, etc.).
• 3+ years of retirement industry experience in financial services operations.
• Broad knowledge of the retirement plan industry.
• Willingness to obtain ASPPA QKA designation or NIPA equivalent.

Remote Working Requirements

• Ability to build rapport with others remotely while working productively with limited in-person interaction.
• Have access to a reliable and consistently strong, high-speed internet connection suitable for remote work.
• Designate a quiet, and well-lit space free of as many distractions as possible.
• Be online and available to work during designated business hours in local time zone.
• Accustomed to using Microsoft Teams (or similar virtual-meeting applications) to meet with colleagues regularly on video.
• Accustomed with file-storage and file-sharing tools such as Microsoft SharePoint.

Benefits

• A virtual-first work philosophy for most jobs.
• 401(k) with up to 4% match.
• Flexible PTO allows you to take the time you need for wellness, vacations, and personal matters.
• 12 paid holidays, 2 paid floating holidays, and your birthday is a holiday.
• Paid Parental Leave.
• A variety of medical, dental and vision plan options including Definiti subsidized premiums.
• Company-paid life insurance and short-term disability insurance.
• Bonus plan eligibility.