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Ascensus · 6 hours ago

Remote Retirement Plan Compliance Analyst

United States

Full-time

Remote

Mid, Senior Level

$65K/yr - $95K/yr

3+ years exp

Ascensus is the nation's largest third-party administrator of retirement plans, providing personalized service backed by a large national firm. The Retirement Plan Compliance Analyst role involves ensuring compliance with retirement plan regulations and supporting Plan Consultants in operational issues.

ConsultingRetirementTraining

Responsibilities

Ability to successfully complete and support the work outlined for the Compliance Associate roles

Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations

Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information

Supports DOL, IRS, and Large plan audits

Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans

Is responsible for plan administration, compliance and testing for identified blocks of business

Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines

Prepares annual valuation and compliance reports for Clients

Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents

Supports and completes assigned quality assurance reviews

Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients

Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day-to-day basis showing your support of our organizational culture

Assist with other tasks and projects as assigned

Qualification

Retirement plan testingEmployer Calculations5500 forms experienceCash basis accountingTrust accountingRetirement Plan Fundamentals certificationQKA designationQPA designationFT Williams softwareASC softwareAnalytical skillsMicrosoft WordMicrosoft ExcelMicrosoft OutlookCommunication skillsAttention to detailProblem-solving skills

Required

Ability to successfully complete and support the work outlined for the Compliance Associate roles

Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations

Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information

Supports DOL, IRS, and Large plan audits

Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans

Is responsible for plan administration, compliance and testing for identified blocks of business

Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines

Prepares annual valuation and compliance reports for Clients

Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents

Supports and completes assigned quality assurance reviews

Assist with other tasks and projects as assigned

3 to 8+ years of hands-on Retirement plan testing experience will be considered

Experience doing Employer Calculations

Must have experience with 5500's and other relevant documents

Experience with cash basis and/or trust accounting

Strong Word, Excel, and Outlook skills

Strong written and oral communication skills

Strong analytical and problem-solving skills

Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters

Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements