Retirement Plan Benefits Specialist

5 days ago


Eden Prairie, Minnesota, United States Boulay Full time

We are seeking a talented and enthusiastic individual to join our Retirement Plan Administration Department.

This team specializes in providing services to develop employee benefits programs that meet client needs.

Services go beyond implementation, monitoring and analyzing client benefits programs, making recommendations to keep them current, competitive, cost-effective and compliant with regulatory requirements.

Boulay offers a diverse work environment empowering you to work where you want and how you want.

We strive to help you achieve professional goals while allowing personal milestones.

If you seek a unique opportunity to continue advancing professionally, bring fresh perspective and ensure balance between personal and professional ambitions, Boulay may be the right fit for you.

Key Responsibilities
  • Prepare Forms 5500 and related schedules
  • Responsible for plan administration, including trust accounting and other related projects
  • Possess technical skills required to perform allocations and compliance testing for qualified plans, including ADP/ACP discrimination testing, top heavy testing, 409(p) and 415 testing
  • Perform ERISA research relating to employee benefit plans and payroll issues
  • Prepare employer contribution calculations using various allocation methods
  • Respond to client questions or inquiries in a timely manner
  • Draft and develop client communications
Requirements
  • Bachelor's Degree in Accounting, Finance, Business Administration or related field
  • 2+ years of applicable experience with retirement plans
  • Knowledge of ERISA and IRS regulations pertaining to retirement plans
  • Ability to understand plan document language

Estimated salary range: $60,000 - $80,000 per year based on industry standards and location.

Boulay offers comprehensive benefits package including health insurance, dental insurance, disability insurance, employee assistance program, flexible schedule, life insurance, paid time off, parental leave, tuition reimbursement, vision insurance and work from home option.



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