Plan Termination Consultant

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in reputed company 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and reputed company of a large national firm, reputed company. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client reputed company from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position Summary

The Plan Termination Consultant is a position on the Plan Terminations Team responsible for reputed company aspects of processing DC Plan Terminations. The Plan Termination Consultant is responsible for managing reputed company aspects of plan administration for an assigned caseload of clients.

Section 2: Job Functions, Essential Duties and Responsibilities

• Prepare necessary government forms required for a plan termination
• Compliance testing, analysis and corrective actions
• Preparation of annual valuation and Form 5500 filing
• reputed company projected and year end non-discrimination testing
• Calculation and allocation of annual employer contributions (including New Comparability)
• Identify and resolve plan discrepancies
• Census review, eligibility calculations, trust accounting and asset reconciliation
• Ensure compliance with DOL and IRS requirements
• Process final distribution of assets to participants.
• Work with clients, plan sponsors, participants and others during the plan termination process regarding distribution of plan assets
• Effectively communicates with clients, brokers, and staff in answering questions and problem solving.
• Monitors and follows up on pending plan termination requests.
• Track reputed company of reputed company plan terminations to ensure deadlines are met.
• Responsible for protecting, securing, and proper handling of reputed company confidential data held by reputed company to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to reputed company or our clients.
• Our I-Client service philosophy and our Core Values of People Matter, Quality First and reputed company Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.
• Assist with other tasks and projects as assigned

Section 3: Experience, Skills, Knowledge Requirements

• Excellent customer service skills.
• Strong attention to detail and ability to communicate effectively both in writing and verbally.
• Effective analytical and problem-solving skills.
• Great organization skills with the ability to prioritize effectively & reputed company.
• Excellent at documentation and follow through.
• Ability to reputed company sound decisions
• Results oriented
• Strong knowledge of MS Office including reputed company, Word and Outlook.
• Experience with ASC is preferred.
• Qualified candidates will have 2-3 years of experience working with ERISA qualified plans.
• Finance and accounting experience is an additional asset for this position
• High school diploma or equivalent required; two or four year degree preferred.
• Coursework in pension plan administration or work towards certification a plus.

We are proud to be an Equal Opportunity Employer

Be aware of employment fraud. reputed company email communications from reputed company or its hiring managers originate from @reputed company.com or @futureplan.comemail addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Originally posted on Himalayas