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The National Bank of Indianapolis · 3 hours ago

Retirement Plan Services Administrator - Wealth Management

Indianapolis, IN

Full-time

Onsite

Mid Level

3+ years exp

The National Bank of Indianapolis is the city’s only locally owned national bank, committed to delivering personalized service and trusted financial solutions. The Retirement Plan Services Administrator will oversee retirement plan transactions, manage account processes, and ensure compliance while providing exceptional service to clients and internal partners.

BankingFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

Serve as a primary point of contact for internal and external inquiries, delivering timely, professional, and solutions-focused responses

Manage retirement plan account opening, closing, and maintenance processes, ensuring all documentation is complete, accurate, and properly recorded

Collaborate with the RPS team to support new plan conversions, including drafting termination letters, reconciling assets, coordinating document execution, and managing required notices

Assist with annual census data collection and submission to Third-Party Administrators

Oversee asset distributions at account closing, coordinating with successor custodians and Wealth Management Operations

Prepare, audit, and process retirement plan transactions such as payroll contributions, participant distributions, and loan requests

Support the Administrative Review process in partnership with leadership

Manage fee processing to ensure accuracy and timely payment of invoices

Assist with annual 1099-R tax reporting, including balancing transactions and processing corrections

Support remission of out-of-state tax withholdings as directed

Provide confidential administrative support for the Bank’s 401(k) plan, collaborating with third-party administrators and serving as a trusted resource for employees

Perform daily and periodic cash balancing, monitoring cash positions and identifying potential overdrafts

Review plan allocation reports and reconcile them to trust assets

Serve on Wealth Management committees and contribute to ongoing operational initiatives

Qualification

Retirement plan regulationsAccount managementMicrosoft ExcelAttention to detailInterpersonal skillsSelf-directedCommunication skillsOrganizational skillsTime-management skills