Retirement Plan Administrator (Remote)

Department Responsibilities

The Administration & Recordkeeping team supports all aspects of Plan Administration including trading activities, participant support, and sponsor interaction. Team members communicate with plan sponsors, participants and referral partners to develop and direct the implementation process, improve workflow processes, make program and policy changes, and meet regulatory requirements.

At Leading Retirement Solutions (LRS) our mission is to empower all businesses with the economic independence required to help their employees save for a secure retirement. If this aligns with your values, and you possess the skill set to thrive in a fast paced and often changing work environment, we would love for you to join our organization of experts!

We recommend and implement 401(k)s, 403(b)s, Defined Benefit Plans, SEP & Simple IRAs, ROBS, ESOPS, Church Plans, and even retirement plans for Cannabis companies. Through our open architecture recordkeeping services, we provide investment advisors, managers, plan sponsors and participants access to traditional and non- traditional investments.

Role Responsibilities

• Assist with all aspects of administration in a balance forward and daily valuation environment
• Collect and process census information
• Determine eligibility, vesting, and calculate contributions/allocations
• Prepare match and/or profit-sharing calculations based on client goals and needs
• Prepare and review coverage and non-discrimination tests, including controlled and affiliate service group considerations
• Calculate ADP/ACP refunds, and recommend appropriate correction methods while working with team members to distribute in a timely manner
• Review plan documents
• Understand retirement plan provisions and accurately apply to client and participant circumstances, including distributions, loans, and vesting
• Recommend and discuss plan design changes with the client services manager
• Collect and track necessary information for the completion of valuation reports, including working with multiple types of investment providers
• Complete and review contribution calculations (age-weighted, integrated, cross-tested, etc.)
• Reconcile trust assets to participant accounts
• Preparation of 5500 Forms, related schedules, and other IRS Forms
• Determine RMD eligible, calculate and communicate distributions to be taken or waived
• Work and communicate with Sponsors and Participants in processing requests
• Prepare annual participant statement
• Understanding of Plan Errors and working knowledge of correction methods
• Identifying and working with large plan audits, coordinating with service providers, collecting, assembling and analyzing data
• Support clients with IRS Audits and DOL investigations
• Calculate late deposit requirements
• Review and determine 8955A requirements
• Monitor workflow for calendar and off-calendar plans
• Support Plan conversions and deconversion

Required Qualifications

• Minimum of 4 years of retirement plan industry experience
• Understanding of Plan Errors and working knowledge of correction methods
• Proficiency/Knowledge with Ft Williams software and/or similar systems is preferred
• Proficiency in Excel, Word, Outlook, Adobe Acrobat, and browsing network directories
• Superb communication skills
• Commitment to superior customer service
• Excellent attention to detail and accuracy proficient with numbers and basic calculations
• Solutions-oriented and Ability to handle changing and competing responsibilities are necessary skills when working in an emerging business, like Leading Retirement Solutions
• Works well with team members in a remote work environment
• Track record of completing performance targets

Preferred Qualifications

• Bachelor’s Degree
• ASPPA Retirement Plan Fundamentals (RPF) Certified, preferred.
• ASPPA Defined Contribution Plan Course #1 (DC1) Certified, preferred. 

Physical Demands and Work Environment

• While performing the duties of this job, the employee is regularly required to talk and hear.
• The employee is frequently required to sit; use hands to finger, handle, or feel; and reach with hands and arms.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.
• The work environment is usually an indoor setting with infrequent exposure to outside elements.
• The person in this position occasionally needs to move about inside a home office environment to access file cabinets, office machinery, etc.
• Constantly operates a computer and other office productivity machinery such as a printer.

We Offer Great Benefits!

• Choice between 4 medical plans
• Dental, Vision, Accident, and Life/AD&D Insurance
• HSA and FSA options
• 2+ Weeks of Paid Time Off during first year
• Paid Holidays
• Employer sponsored 401(k) Plan + Employer matching contributions
• Performance bonuses
• Financial support for ongoing education and credentialing
• Great, casual working environment with casual dress
• 100% Employer Paid Work-From-Home Setup
• Flexible Scheduling (Work in your own time zone)