Associate Plan Administrator, 3(16) Services
New
A
AboonRetirement plan administration
This role is open to candidates based in the US.Full-TimeJunior
SalaryThe base salary range for this role is $70,000-$80,000. Total compensation also includes an annual bonus and equity.
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Job Details
- Experience
- Minimum 2 years of current experience in the retirement plan industry
- Required Skills
- Google Workspace
Requirements
- Have a minimum of 2 years of current experience in the retirement plan industry.
- Have working knowledge of qualified defined contribution plan administration and applicable IRS and DOL requirements.
- Be able to read and interpret plan documents for eligibility determination, contribution requirements, and distribution options.
- Have excellent written and verbal communication skills.
- Have strong organizational skills and the ability to manage multiple plans in a fast-paced environment.
- Be proficient in Google Workspace and task and project management software.
- Familiarity with major recordkeeping platforms is a plus.
- Experience with payroll systems and payroll integration is a plus.
- Hands-on experience with ChatGPT, Claude, Copilot, or similar AI tools in day-to-day work is a plus.
- Pursuing or holding an ASPPA Qualified 401(k) Specialist (QKS) or Qualified 401(k) Administrator (QKA) credential is a plus.
Responsibilities
- Review employee data and plan provisions to determine eligibility and coordinate timely participant enrollment.
- Monitor automatic enrollment and annual automatic deferral rate escalation.
- Review payroll contributions and loan repayments for accuracy and timeliness, and confirm employer contributions follow plan provisions.
- Review distribution and loan requests for eligibility, completeness, and compliance, escalating non-routine cases to the 3(16) Services Lead.
- Monitor terminated participant accounts and coordinate required notifications and processing of force-out and required minimum distributions.
- Coordinate delivery of required participant notices and disclosures within applicable IRS and DOL timeframes.
- Research plan-related issues and corrective measures, and coordinate and document approved corrections.
- Support large plan audits by gathering requested reports and transaction details.
- Document client interactions, plan data, and actions in client folders and task management systems.
- Identify process improvement and automation opportunities, including coordinating with Engineering on AI-based automation.
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