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Jobs(26,719)/Benefits Administrator Role(56)/Strongpoint Partners (13) - Combo Retirement Plan Administrator
Strongpoint Partners

Strongpoint Partners - Combo Retirement Plan Administrator

Hybrid - USA *$85k - $95k3w ago
In OfficeSeniorNABenefits AdministratorPerformance ReviewsLearning & DevelopmentReporting

Requirements

• Minimum of 5 years experience in administration of qualified combo plans. • Bachelor’s Degree in Actuarial Science, Mathematics, Business/Finance, Accounting, Economics or other related fields. • Highly organized and extremely detail-oriented. • Ability to work well with others and be a team player in a fast-paced environment. • Ability to prioritize and multi-task. • Passion for client service. • Ability to work independently in a remote work environment. • ASPPA and/or NIPA credentials preferred, or willingness to work towards credentials. • Experience with Relius and FT William benefits software is preferred. • Pay Transparency Statement: • The anticipated pay range for this position is $85,000-$95,000 annually. • At Strongpoint Partners, our salary ranges reflect the minimum and maximum base pay for the posted position applicable to all locations across the US. Within the posted salary range, individual pay is determined by the geographic location, job related skills, experience, education, and certifications. Our total compensation package includes base pay plus a comprehensive benefits program. • Flexible Workplace – Hybrid and remote options available for many roles. • Flexible Workplace • Flexible PTO – Competitive paid time off, including flexible & unlimited options. • Flexible PTO • Inclusive Environment – A culture that values diversity, collaboration, and respect. • Inclusive Environment • Growth Opportunities – Support for ongoing learning and career development. • Growth Opportunities • Comprehensive Benefits – Health, dental, vision, life, and disability coverage.

Responsibilities

• Ability to perform A-Z administration and to independently manage a caseload of approximately 80 small combo plans. • Understand and interpret elements of DB/Cash Balance Plan actuarial valuation & be bale to communicate issues to in-house actuaries and clients • Prepare Annual Valuation packages for all assigned plans, including the following: Annual Valuation Report, Annual Funding Notices, Letters for the Valuation package, Actuarial Certifications, IRS Form 5500 and related schedules, Additional IRS forms (i.e., 5330, 8955-SSA, etc.) and schedules. • PBGC Comprehensive Premium Filings. • Plan design for existing and potential new clients. • Perform, review, and correct annual non-discrimination testing for stand-alone DB/Cash Balance Plans and combination DB/DC plans. This includes but is not limited to: 410(b), 401(a)(4), 401(a)(26), and gateway testing. • Calculate projections and contribution requirements. • Prepare distribution calculations and review distribution forms prepared for terminated employees. • Research technical and regulatory issues related to client’s plans. • Maintain a positive and proactive relationship with clients and contacts, including plan upkeep and advising clients on technical and regulatory requirements. • Continue education through webcasts and ASPPA exams. • Other duties as assigned.

Benefits

• Workplace Perks – Incentive bonus programs, flexible hours, & more. • *Specific benefits and programs may vary by partner and position.

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