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Retirement Plan Consultant
Job
Tiger's Eye Benefits Consulting
Hagerstown, MD (In Person)
$65,000 Salary, Full-Time
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Job Description
General Description:
The Retirement Plan Consultant position will be trained to or will possess experience in providing recordkeeping and compliance services for various types of retirement plans including: 401(k), Profit Sharing, Defined Benefit, and Defined Contribution. This role will assist with retirement plan administration, team projects, and peer review among various other functions.Responsibilities:
Responsible for aspects of recordkeeping client plans to ensure accurate processing in accordance with DOL standards and deadlines including: Reconcile asset balances (trust and participant accounts) and resolve discrepancies Perform plan calculations including eligibility, contributions, vesting, etc. Ensure compliance with plan document & IRS/DOL regulations, as well as plan administrative practices Participate in peer review process to ensure accuracy Prepare IRS Form 5500/SAR, audit packages, required compliance tests, including but not limited to:- ADP/ACP, Top Heavy, 402g, 410(b), 415 tests
- Gather and reconcile required data
- Manage deadlines and complete assigned portions of work load
- Communicate with clients to respond to questions or requests for information
- Complete special projects as applicable