Operations Analyst

We are looking for an Operations Analyst to join a thriving Third Party Administration firm in the Horsham, Pennsylvania area. In this role, you will provide comprehensive support for defined contribution plans, ensuring compliance, accuracy, and exceptional service for clients. This position offers a collaborative environment where growth and development are highly encouraged.

Responsibilities:

• Perform full compliance and administrative services for defined contribution plans, including 401(k), profit sharing, and money purchase pension plans.
• Conduct asset and trust reconciliations to ensure accurate financial records.
• Execute compliance and nondiscrimination testing, such as coverage, top-heavy, and 415 limits.
• Reconcile employee census data and calculate contributions and allocations, including employer match and safe harbor.
• Prepare valuation and compliance reports to meet regulatory standards.
• Complete governmental filings, including Forms 5500, 8955-SSA, and 1099-R.
• Address and correct compliance violations through appropriate correction methods.
• Provide support for large plan audits and assist with filer requirements.
• Collaborate with colleagues, plan sponsors, and recordkeepers to achieve client retirement plan goals.
• Consult on plan design options and compliance matters to ensure optimal client outcomes.