[Remote] Retirement Plan Administrator (TPA) / Sr. Compliance Consultant
Note: The job is a remote job and is open to candidates in USA. Weaver Partners is seeking a Retirement Plan Administrator (TPA) / Sr. Compliance Consultant who will be responsible for managing plan administration and ensuring compliance with regulatory requirements. The ideal candidate will have hands-on experience in plan administration, excellent client communication skills, and a commitment to continuing education.
Responsibilities
- Serve as main point of contact and take “ownership” for assigned clients
- Provide support to financial advisors and referral sources
- Ability to accurately interpret and apply plan document provisions
- Ensure compliance with ERISA DOL and IRS requirements
- Annual compliance testing for assigned clients (402(g), 415(c), 410(b), ADP/ACP, Top Heavy, Plan Limits etc.
- Preparation and filing of Form 5500 and related schedules
- Prepare projected and actual employer plan contribution calculations with allocation methods
- Trust accounting/financial reporting
- Custodian downloads, uploads and imports
- Contribution reconciliations
- Facilitate vesting updates with custodian
- Plan payroll processing, as needed
- Preparation of custodian correction/update forms, as needed
- Provide support to Senior Retirement Plan Consultants and assist in training of new Associates
- Review of Retirement Plan Associate work for assigned clients
- Assist clients with locating missing participants and securing ERISA bonding
- Required Minimum Distribution (RMD) determination and processing
- Ensure proper coordination and delivery of annual required notices
- Represent the company on client calls and in client meetings, as needed
- Have a working knowledge of custodian websites and processes
- Support the retirement plan implementation, conversion, de-conversion and termination processes
- Collection and review of annual census data and employer questionnaire
- Census imports and data checks
- Determining plan eligibility
- Determining Highly Compensated Employee (HCE) and Key Employee status
- Loan and distribution support Skills
- Must have a minimum of 2-3 years of administration experience, 8+years for high end of salary
- Must have hands-on compliance testing background and have completed 3 full cycle of testing, 10+ cycles of testing for high end of salary
- Must have prepared Form 5500 and other related schedules
- Must have Defined Contribution a plus if DB or Cash Balance included
- Must have performed Employer Calculations to be considered for higher end of salary range
- Must have Management/Team Lead/Quality Review experience to be considered for the high end of salary range
- Must have experience with multiple recordkeeping platforms
- Experience with 3(16) fiduciary responsibilities is a plus
- Experience with SRT is a plus
- Experience with MEPs, PEPs and ROBS is a plus
- ASPPA and/or NIPA credentials are a plus Benefits
- 401(k) w/match
- Health Insurance
- PTO and more Company Overview
- Weaver Partners is a recruitment firm that helps the retirement services and employee benefits industry. It was founded in 2002, and is headquartered in Batavia, Illinois, USA, with a workforce of 11-50 employees. Its website is https://weaverpartners.com. Apply tot his job Apply To this Job
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