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Senior 401(k) Plan Administrator

2 months ago

Harrisburg, Pennsylvania, United States PA Retirement Solutions, Inc Full time
Job Overview

Position Title: 401(k) Plan Administrator

Position Summary:

The Senior 401(k) Plan Administrator plays a crucial role in overseeing the daily operations of retirement plans, including the creation and execution of new administrative procedures. The ideal candidate is a proactive individual with significant industry experience, capable of managing responsibilities independently while ensuring high-quality service. This role serves as the primary liaison for clients, with the flexibility to work remotely.

Key Responsibilities:

  • Design and implement effective plan procedures
  • Conduct eligibility assessments for plan participants
  • Calculate contributions accurately
  • Execute compliance testing to meet regulatory standards
  • Prepare and file Form 5500
  • Oversee a client portfolio of 50-75 accounts
  • Facilitate client communication regarding plan management
  • Maintain strong client relationships through timely responses to inquiries
  • Perform additional duties as required

Qualifications:

Minimum Requirements:

  • 3-5 years of experience in retirement plan administration
  • Preferred: Qualified 401(k) Administrator (QKA) designation
  • Strong understanding of benefit plans and their operations
  • Experience in plan design is advantageous
  • Expertise in drafting plan documents is highly valued
  • Exceptional written, verbal, and interpersonal communication skills
  • Strong analytical abilities with meticulous attention to detail
  • Capacity to manage multiple tasks and meet tight deadlines
  • Proficiency in Microsoft Office Suite – Outlook, Excel, Word