Retirement Plan Compliance Specialist

2 days ago


Newark, Delaware, United States Ascensus Full time
Job Summary

Ascensus is seeking a highly skilled Retirement Plan Compliance Analyst to join our team. As a key member of our compliance team, you will be responsible for ensuring the accuracy and compliance of retirement plans with relevant regulations.

Key Responsibilities
  • Read and comprehend retirement plan provisions to ensure accuracy and compliance with regulations.
  • Understand and apply legislation and regulations, including IRS, DOL, and ERISA, when preparing and analyzing information.
  • Support DOL, IRS, and Large plan audits.
  • Collaborate with Plan Consultants to resolve operational and compliance issues related to qualified plans.
  • Administer, comply, and test retirement plans for identified blocks of business.
  • Track and monitor job progress to ensure all necessary data is requested and received to meet compliance deadlines.
  • Prepare annual valuation and compliance reports for clients.
  • Provide detailed consultations with Plan Consultants on drafting plan documents, plan amendments, and other legal documents.
  • Support and complete assigned quality assurance reviews.
  • Protect, secure, and properly handle confidential data to prevent unauthorized access or disclosure.
Requirements
  • Bachelor's degree preferred.
  • Minimum 5 years of hands-on retirement plan testing experience; 8+ years preferred.
  • Experience with Employer Calculations.
  • Must have experience with 5500s and other relevant documents.
  • Experience with cash basis and/or trust accounting.
  • 5 years of prior ERISA experience in the retirement industry preferred.
  • 5 years of experience in analysis of financial data required/testing experience a must.
  • Strong Word, Excel, and Outlook skills.
  • Strong written and oral communication skills.
  • Strong analytical and problem-solving skills.
  • Strong attention to detail and ability to prioritize, manage tasks, and meet deadlines.
Benefits

Ascensus offers a competitive salary range of $70,000 - $100,000, exclusive of bonuses and benefits. Other rewards and benefits may include 401(k) match, medical, dental, vision, paid-time-off, and more. For more information, please visit careers.ascensus.com/#Benefits.

Ascensus is an Equal Opportunity Employer and welcomes applications from diverse candidates. We are committed to providing a workplace that is free from discrimination and harassment. If you are suspicious or unsure about the validity of a job posting, we encourage you to apply directly through our website.



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