What are the responsibilities and job description for the Consultant for Retirement Plan Administration - Remote position at Get It - Real Estate?
Position: Retirement Plan Administration Consultant - Full-Time
Location: Maple Grove, MN (Remote options available)
Job Overview
We are seeking a highly skilled and detail-oriented Retirement Plan Administration Consultant to join our esteemed organization. This pivotal role involves being the principal contact for a diverse portfolio of clients, delivering exemplary customer service while ensuring the efficient execution of essential tasks. If you are committed to professional growth and eager to make a significant impact in the retirement plan administration field, we invite you to explore this exceptional opportunity.
Company Culture And Values
We are a progressive professional services firm specializing in third-party retirement plan administration for businesses managing Employee Stock Ownership Plans (ESOPs) and 401(k) Plans. Our company culture is rooted in collaboration, support, and a shared mission to positively influence the communities we serve. We are recognized as one of the leading providers of ESOP recordkeeping and administration services nationwide.
Key Responsibilities
We are dedicated to fostering your professional journey and offer robust support for educational growth and certification advancement.
Compensation And Benefits
We are proud to uphold principles of equal opportunity and encourage applicants from diverse backgrounds to apply. Candidates must be authorized to work in the United States.
Employment Type: Full-Time
Location: Maple Grove, MN (Remote options available)
Job Overview
We are seeking a highly skilled and detail-oriented Retirement Plan Administration Consultant to join our esteemed organization. This pivotal role involves being the principal contact for a diverse portfolio of clients, delivering exemplary customer service while ensuring the efficient execution of essential tasks. If you are committed to professional growth and eager to make a significant impact in the retirement plan administration field, we invite you to explore this exceptional opportunity.
Company Culture And Values
We are a progressive professional services firm specializing in third-party retirement plan administration for businesses managing Employee Stock Ownership Plans (ESOPs) and 401(k) Plans. Our company culture is rooted in collaboration, support, and a shared mission to positively influence the communities we serve. We are recognized as one of the leading providers of ESOP recordkeeping and administration services nationwide.
Key Responsibilities
- Act as the primary liaison for clients, addressing inquiries and providing continuous support.
- Propose enhancements for retirement plans and assist clients in navigating their retirement options.
- Facilitate the onboarding process for new clients, ensuring a seamless transition to our services.
- Conduct essential compliance testing for plans, including but not limited to coverage, nondiscrimination, and top-heavy testing.
- Calculate employer contributions and reconcile trust accounts for precision.
- Prepare and file necessary governmental reports and compliance documentation.
- Interpret plan document stipulations and coordinate efforts with other service providers, including financial advisors, auditors, and payroll teams.
- Maintain knowledge of evolving retirement plan regulations through ongoing education and research.
- Process transactions including loans, distributions, Required Minimum Distributions (RMDs), and Qualified Domestic Relations Orders (QDROs).
- Identify and implement enhancements within our operational framework.
- Collaborate with cross-functional teams to refine processes and elevate our deliverables.
- Provide assistance to colleagues and engage in internal initiatives and projects.
- Outstanding customer service aptitude and a genuine desire to assist clients.
- Strong analytical skills with proficiency in accounting and mathematics.
- Proven ability to meet deadlines while managing multiple responsibilities.
- Commitment to professional development and continuing education.
- Exceptional organizational capabilities and meticulous attention to detail.
- Minimum of 2 years of experience in 401(k) plan administration, particularly in compliance testing.
- Bachelor's degree in a relevant field such as Accounting, Finance, Mathematics, Economics, or Statistics.
- Possession or pursuit of relevant professional certifications (e.g., QPA, QKA, AKS, APA) is highly regarded.
- Proficient in Microsoft Word and advanced Excel skills.
- While candidates located near our Maple Grove office are preferred, we are open to considering qualified remote applicants.
We are dedicated to fostering your professional journey and offer robust support for educational growth and certification advancement.
Compensation And Benefits
- Competitive salary alongside a comprehensive benefits package, including health, dental, and vision insurance.
- Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) with company contributions.
- 401(k) retirement plan with company matching contributions.
- Generous paid time off and parental leave policies.
- Opportunities for participation in charitable initiatives through fundraising and volunteer activities.
- A vibrant workplace culture that promotes camaraderie through virtual social events and celebrations.
We are proud to uphold principles of equal opportunity and encourage applicants from diverse backgrounds to apply. Candidates must be authorized to work in the United States.
Employment Type: Full-Time
