Overview:

As a Fiduciary Analyst for Anchor 3(16), your responsibilities will include various administrative fiduciary functions for an assigned book of business.  The caseload will be comprised of plans of various sizes and complexities but be commensurate based on experience.  This position works as a member of a team with a dedicated Manager.

Responsibilities:

• Review census data to determine eligibility for participation in the company-sponsored retirement plan
• Provide enrollment materials to newly eligible participants in a timely fashion in advance of Entry Date
• Review payroll data to ensure 401(k) salary deferral modifications are updated and loan repayments commence timely
• Assist with the monitoring and tracking of automatic enrollment and escalation
• Ensure timely remittance of payroll contributions; submit payroll contribution files to vendor
• Calculate or confirm employer matching contributions on a pay period basis in accordance with plan document provisions
• Review IRS Form 5500 and related Schedules for accuracy and address with TPA counterpart
• Support auditors for large plan audits by gathering requested reports and transaction detail
• Understand and interpret defined contribution plan documents
• Review distribution and loan requests to determine if in good order or if additional information is needed
• Communicate directly with plan participants regarding loan and distribution options, requests for additional information, and approval/denial of distribution requests
• Evaluate participant’s eligibility for financial hardship distribution
• Authorize termination/retirement/hardship distributions
• Monitor terminated participant accounts, provide notification, and ensure forced distributions are processed annually
• Ensure applicable notices are provided to eligible participants timely in accordance with IRS/DOL regulations (including items such as the Summary Plan Description or Summary of Material Modifications, Summary Annual Report, Qualified Default Investment Alternative Notice, Fee Disclosure Notice, Safe Harbor or Automatic Enrollment Notice, etc.)
• Research plan-related issues and corrective measures
• Work directly with Plan Sponsors, TPAs, financial advisors, and other team members on a daily basis to ensure timely completion of deadlines

Qualifications:

• Bachelor’s degree in math, finance, or related field preferred
• Minimum of three (3) years of experience (current) in the retirement plan industry is required
• Background knowledge and understanding of qualified defined contribution plan administration and responsibilities, including ERISA and IRS/DOL rules and regulations
• Ability to read and interpret Plan Documents as it relates to eligibility determination, contribution requirements, distribution options, etc.
• Familiarity with the recordkeeping platforms for major providers in the industry
• ASPPA credentials preferred
• Proficient with Microsoft Office products
• Strong communication skills, both written and verbal
• Strong attention to detail, ability to manage multiple projects in a fast-paced environment, and well-organized
• Ability to work and thrive in a team environment approach with an eagerness to learn

Salary/Benefits:

1. Competitive salary with PTO and ten (10) paid holidays
2. Health/dental/vision insurance
3. Life insurance
4. Company-sponsored retirement plan
5. Educational support for ASPPA certifications, on-going CE, and membership renewal
6. Remote work-from-home position (40 hours/week)
7. Advancement and growth opportunities available

Overview:

As a Retirement Plan Analyst for M2B, your responsibilities will include all aspects of plan administration for an assigned book of business.  The caseload will be comprised of plans of various sizes and complexities but be commensurate based on experience.  This position works as a member of a team with a dedicated Senior Consultant.

Responsibilities:

• Review and scrub census data for accuracy and missing information
• Perform all applicable compliance testing (including ADP, ACP, 410(b), 401(a)(4), top-heavy) and administer retirement plans in accordance with ERISA
• Address testing issues and recommend possible plan design changes
• Prepare contribution projections, calculations, and non-discrimination testing – including allocation of employer contributions/forfeitures based on plan provisions and/or testing requirements
• Calculate corrective distributions for testing failures, including associated earnings, along with Form 5330
• Calculate lost earnings on late deposits of 401(k) deferrals and/or loan repayments
• Navigate various recordkeeper website to access reports and review transactions
• Reconcile plan- and participant-level transactions on an accrued basis
• Produce valuation reports and review results for accuracy before passing to Management for final review
• Prepare IRS Form 5500 and related Schedules using appropriate Government Forms software
• Support auditors for large plan audits by gathering requested reports and transaction detail
• Understand and interpret defined contribution plan documents
• Review distribution and loan requests to determine if in good order or if additional information is needed
• Research plan-related issues and corrective measures
• Work directly with Senior Consultant and other team members on a daily basis to ensure timely completion of caseload

Qualifications:

• Bachelor’s degree in math, finance, or related field preferred
• Minimum of three (3) years of experience in the retirement plan industry
• Extensive background in qualified defined contribution plan administration, including ERISA and IRS/DOL rules and regulations
• ASPPA credentials preferred
• Knowledge of Williams compliance software is required
• Proficient with Microsoft Office products
• Strong communication skills, both written and verbal
• Strong attention to detail and ability to manage multiple projects in a fast-paced environment
• Ability to work and thrive in a team environment approach

Salary/Benefits:

1. Competitive salary with PTO and ten (10) paid holidays
2. Health/dental/vision insurance
3. Life insurance
4. Company-sponsored retirement plan
5. Educational support for ASPPA certifications, on-going CE, and membership renewals
6. Remote, work-from-home position (40 hours/week)
7. Advancement and growth opportunities available

Overview:

As a Senior Retirement Plan Analyst for M2B, your responsibilities will include all aspects of plan administration for an assigned book of business.  The caseload will be comprised of plans of various sizes and complexities but be commensurate based on experience.  In addition to performing day-to-day administration, the Senior Analyst would assist with the training and mentoring of junior Analysts and reports directly to the DC Manager.

Responsibilities:

• Perform all applicable compliance testing (including ADP, ACP, 410(b), 401(a)(4), top-heavy) and administer retirement plans in accordance with ERISA
• Consult with clients and recommend possible plan design changes
• Work directly with business owners, financial advisors, and other professionals to address questions/resolve issues in a timely manner
• Prepare contribution calculations, non-discrimination testing and prepare IRS Form 5500
• Provide periodic valuations and contribution calculations
• Support auditors for large plan audits
• Understand and interpret defined contribution plan documents
• Assist with oversight/review of administration prepared by junior Analysts

Qualifications:

• Bachelor’s degree in math, finance, or related field preferred
• Minimum of five (5) years of experience in the retirement plan industry
• Extensive background in qualified defined contribution plan administration, including ERISA and IRS/DOL rules and regulations
• ASPPA credentials strongly preferred
• Knowledge of Williams compliance software is required
• Proficient with Microsoft Office products
• Strong communication skills, both written and verbal
• Strong attention to detail and ability to manage multiple projects in a fast-paced environment

Salary/Benefits:

1. Competitive salary with PTO and paid holidays
2. Health/dental/vision insurance
3. Life insurance
4. Company-sponsored retirement plan
5. Educational support for ASPPA certifications and on-going CE
6. Remote work-from-home position (40 hours/week)
7. Advancement and growth opportunities available