401(k) Plan Administrator - REMOTE-9359
Retirement Plan Administrator is the primary point of contact between client and company. Responsibilities include reconciliation of trust assets, preparation of government filings, compliance and nondiscrimination testing, employer contribution allocations and the preparation of company reports and participant statements. The ideal candidate has at least 2 years of relevant experience, strong computer (Microsoft Word and Excel) and mathematical skills. In addition, he or she should be detail oriented; able to handle multiple tasks, projects and deadlines; self-motivated and a job finisher. Experience with FIS Relius is a definite plus! Do you want to be part of a robust team that works together and has fun? Job can be based in Chicago and/or surrounding areas or also open to a fully remote arrangement as well.
Maintain OUTSTANDING client relationships and manage all facets of administration
Effectively communicate internally and with clients, advisors, and other professionals
Prepare Trust Accounting - cash/share reconciliation
Determine eligibility, vesting and census data reconciliation and review
Prepare Forms 5500 and other government filings
Perform compliance testing (ADP/ACP, 410(b), 401(a)(4), 402(g), 416 and 415 limits)
Calculate employer contribution (PD, pro-rata, and cross-tested formulas)
Prepare quarterly management reports and participant statements
Review all Plan Document provisions and contribute to Plan design and review
Monitor and assist with daily activity (payroll, distributions, and loans)
Required Minimum Distribution and QDRO calculation and 1099-R review
Prepare Voluntary Compliance Program filings
Strong interpersonal communication skills and ability to build solid working relationships with a sense of humor
Proficiency in Microsoft Word, Outlook, and Excel
Knowledge of ERISA regulations and plan documents provisions
Strong problem solving, research and analytical skills required
Self-motivated with high learning agility; a job finisher
2-4 years of experience in Relius Administration System a bonus.
Experience with daily recordkeeping a bonus.