Plan Consultant – DB, CB

Job Description:

• Maintain an assigned book of plans, including defined benefit and defined contribution plans.
• Prepare (and/or review, based on experience) valuations and compliance testing pursuant to ERISA guidelines and IRS procedures: Calculate plan contributions to optimize tax savings while passing required testing; Perform additional required testing, such as General Testing (401(a)4), Compensation Ratio Testing (414(s) Testing), etc.; Prepare earned income calculation, as necessary, for an unincorporated employer; Prepare asset reconciliations, including trust accounting, as necessary.
• Prepare (and/or review, based on experience) necessary government filings pursuant to IRS/DOL guidelines and requirements, included but not limited to Forms 5500, 5330, and Schedule SB.
• Analyze plan documents and pro-actively recommend changes to accommodate client needs.
• Assist plan sponsors with the plan termination process, including PBGC-covered plans.
• Provide quality communication with the plan sponsor, advisors, and accountants.
• Prepare preliminary design studies and projections for prospective clients.
• Support actuaries and consultants to provide superior client service.
• Prepare calculation of retirement distribution benefits.
• Prepare PBGC premium filings and notices.

Requirements:

• Minimum of 3+ years of experience in defined benefit and defined contribution administration.
• In-depth knowledge of IRS, DOL and ERISA regulations.
• Proficient skills with Microsoft products, specifically Excel and Word.
• Ability to work under pressure and prioritize work based on deadlines.
• Strong analytical and mathematical skills.
• Excellent written and verbal communication skills.
• Meticulous attention to detail and accuracy.
• Ability to work with minimal day-to-day supervision.
• Familiarity of PBGC requirements.
• Desired but not Required ASPPA or IRS industry-specific designations or willingness to attain them.
• Working knowledge of PensionPro, Datair and FTWilliam.

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