Vestwell · 3 weeks ago
Senior Specialist, Plan Design
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$80K/yr - $90K/yr
8+ years expVestwell is a financial technology company powering the new savings economy, enabling businesses and savers to manage their retirement and savings needs. They are seeking a Senior Plan Design Specialist to support their Sales and Plan Design teams with consultations, plan design reviews, and ensuring smooth transitions for incoming clients.
Employee BenefitsFinanceFinancial ServicesFinTechRetirement
Responsibilities
Plan Design Consultation - Collaborate with Plan Sponsors to create optimal defined contribution plan designs, addressing queries, and ensuring a clear understanding of chosen plan specifications
Illustration support - Provide swift and detailed plan analysis, including profit sharing and safe harbor design comparisons, offering commentary to support recommendations
Plan document review - Support sales in conversion contract considerations by performing a plan spec review against supported and outsourced design models; capture plan design conversations and decisions from presale, sale, and onboarding processes to create new plan documents
Subject matter expertise - Support team members with process reviews, research, and documentation related to plan design, plan proposals and onboarding
Project management - Ensure a smooth transfer of incoming plans from Sales to Implementations
Plan document creation - Perform plan restatement evaluations, including prior plan document to restated plan document mid-year change assessments, protected benefit analysis, and alignment with Vestwell platform requirements
On-call support - Provide live support for team members, clients, and advisors to discuss plan design suggestions or required changes
Product support - Contribute to discussions with product and engineering teams to continually iterate on our technology supported design & onboarding processes
Qualification
Required
Strong commitment to delivering superior service
Considerable background in defined contribution/qualified plan experience including sales support, design consultation, document drafting, and non-discrimination testing
Thorough understanding of Employee Retirement Income Security Act (ERISA), Department of Labor (DOL), Internal Revenue Service (IRS) regulations
Keen attention to detail, deadlines, and customer service needs
Collaborative approach with internal stakeholders and with clients to clearly communicate the process, timing, and plan design considerations of new and restated plans
Strong commitment to proactively managing workload
Positive, collaborative, and proactive attitude
Proficiency with Excel and Microsoft Office suite; Google Workspace; cloud-based client portals and internal network drives
Preferred
Knowledge of one or more non-discrimination testing systems (Ft William, Datair, ASC, Sungard Relius)
Knowledge of one or more plan document drafting systems (e.g., FT William, Datair, ASC, Sungard Relius)
Qualified 401(k) Administrator (QKA) or higher credential from ASPPA
Benefits
Competitive health coverage
Generous vacation offering
Great 401(k) plan
Company
Vestwell
Vestwell is the backbone of the modern savings economy; a fintech company powering savings for retirement, education, and healthcare.
201-500 employees
H1B Sponsorship
Vestwell has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (3)
2023 (5)
2022 (3)
2021 (3)
2020 (2)
Funding
Current Stage
Late StageTotal Funding
$238.82MKey Investors
Lightspeed Venture PartnersGoldman Sachs Growth EquityF-Prime
2023-12-21Series D· $125M
2021-07-20Series C· $70M
2019-04-02Series B· $31.27M
Leadership Team
Aaron Schumm
Founder, Chairman, & CEO
David Sheen
Chief Financial Officer
Recent News
2025-12-23
Pulse 2.0
2025-12-21
Company data provided by crunchbase