Daybright Financial · 1 day ago
Relationship Manager
United States
Full-time
Remote
Senior Level
$65K/yr - $75K/yr
5+ years expDaybright Financial is one of the largest independently owned insurance brokerage firms in the country, providing a full range of employee benefits and HR consulting services. The Relationship Manager is responsible for delivering exceptional service and operational support for clients' retirement programs, ensuring client satisfaction through effective communication and compliance management.
Financial ServicesInsuranceRetirement
Responsibilities
Reviewing plan sponsor census and determining eligibility, vesting and Key Employee/Highly Compensated Employee status
Calculating and allocating employer contributions per the plan’s formula and nondiscrimination rules
Calculating and verifying required deferral refunds per failed ADP test, if applicable
Reconciling plan assets and verifying timely contribution deposits
Completing and reviewing for accuracy all nondiscrimination testing, including ADP/ACP, 410(b), 401(a)(4) and Top Heavy testing
Communicating with client, accountant, attorney and investment advisor
Preparation of Form 5500 and related schedules
Preparation of loan documents
Preparation of distribution forms
Preparation of annual report including benefit statements
Review and interpret plan documents
Qualification
Required
3-5 years experience in administration with defined contribution plans
Understanding plan types, eligibility, vesting, contributions (employee/employer), distributions, and participant loans
Proficiency in ADP/ACP testing, coverage testing, identifying highly compensated and key employees, top-heavy rules, and government reporting
Familiarity with ERISA requirements, IRS and DOL regulations, and fiduciary responsibilities
Technology proficiency, especially with recordkeeping platforms and compliance tools
Strong organizational and problem-solving skills, with the ability to track multiple tasks and issues, set goals and prioritize tasks in a fast-paced environment
Strong communication skills, both written and verbal
Must be dependable
Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
Ability to handle confidential information with discretion
Preferred
College degree preferred
5-7 Years of experience in the retirement plan service area preferred
Experience with defined benefit plans, Relius and PensionPro a plus
Experience with CRM or TPA management systems is a plus
ASPPA designations or equivalent preferred
Company
Daybright Financial
Daybright Financial offers retirement, investment, insurance planning, and employee benefits solutions for organizations and individuals.
1001-5000 employees
Funding
Current Stage
Late StageRecent News
2025-10-15
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