What are the responsibilities and job description for the Retirement Account Administrator position at Alerus?
Description
WHO ARE WE : Alerus is a commercial wealth bank and national retirement provider with one core purpose : helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.
CORE VALUES : Passion for Excellence : : Success is Never Final : : Do the Right Thing : : One Alerus
ABOUT THE ROLE :
Help foster a cohesive service team by directing workflow, supporting strong communication and displaying good judgment and leadership to ensure the proper administration of all plans. Responsible for client service, compliance and Form 5500 reporting of an assigned group of retirement plans typically 70-75 plans.
WHAT YOU'LL BE DOING :
- Monitor receipt of plan census data to prioritize completion of non-discrimination testing and / or Form 5500 reporting for an assigned book of business.
- Work with Manager / Senior Account Administrator to resolve technical, service, and compliance issues to ensure client satisfaction.
- Understand and interpret plan document and contract provisions and apply experience to situational problem resolution.
- Facilitate plan amendment requests.
- Ensure all assigned compliance work is completed accurately and within prescribed time standards.
- Research items pertaining to Form 5500 and non-discrimination testing using available technical resources.
WHAT YOU SHOULD HAVE :
WHAT WE BRING TO THE TABLE :
WORK ENVIRONMENT : Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.
BASE PAY RANGE :
60,000 - $75,000 annually
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.
Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Salary : $60,000 - $75,000
