Hybrid Senior Defined Contribution Retirement Plan Administrator

Posted 11 hours ago

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About the role

  • Defined Contribution Retirement Plan Senior Administrator responsible for designing retirement plans and ensuring compliance for a community bank. Collaborates with clients and responds to regulatory inquiries while managing team communications.

Responsibilities

  • Interpret trust financial statements and exercise judgement to reconcile retirement plan accounts
  • Determine discrepancies and communicate solutions to client
  • Independently perform compliance and nondiscrimination testing
  • Allocate employer contributions under cross-tested, pro-rata, and integrated formulas
  • Communicate directly with clients and their professional advisors regarding recommendations for plan administration

Requirements

  • High school diploma or equivalent required
  • Bachelor’s degree preferred with emphasis on business, finance, or accounting
  • Professional credentials (i.e., ERPA, QKA, etc.) are preferred
  • Minimum four years of experience in Defined Contribution Retirement Plan Administration including recordkeeping, compliance testing, plan conversions and trust accounting or comparable experience required
  • High degree of technical/legal knowledge including familiarity with Internal Revenue Code and ERISA as they apply to qualified plans
  • Must be professional, comfortable speaking with external and internal contacts
  • Proficiency with Microsoft 365 products and applications

Benefits

  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off
  • Remote work options

Job title

Senior Defined Contribution Retirement Plan Administrator

Job type

Experience level

Senior

Salary

$85,000 - $100,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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