Retirement Plan Consultant

FuturePlan


Date: 3 weeks ago
City: Greensboro, North Carolina
Contract type: Full time

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus.

Position Summary

Serve as a resource to plan sponsors and financial advisors for matters related to ERISA compliance, plan design and governmental reporting. This role involves client meetings both in person and via phone, serving as the retirement Plan expert on testing, 5500, loans, and distributions. The individual will assist in plan operation and document updates.

Job Functions, Essential Duties and Responsibilities

  • Provide timely, exceptional customer service, including problem solving and issue resolution with minimal inconvenience to clients
  • Provide effective verbal and written communications in a clear, concise and informative manner
  • Act as a mentor to Retirement Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations
  • Assist clients with all initial and ongoing plan design and document needs, including promoting awareness of IRS and DoL obligations
  • Assist clients in meeting all IRS and Department of Labor deadlines for qualified retirement plans
  • Assist clients with Service and IRS Plan terminations
  • Maintain up-to-date knowledge of ERISA law through self-study and training
  • Complete/Assist with payroll processing as required
  • Accountable for all aspects of valuation reports, participant statements and annual testing
  • Review or perform the annual testing for plans
  • Work with assigned coordinator(s) to provide compliant and accurate documentation and reporting
  • Review distribution paperwork and coordinate processing with asset holders
  • Review loan paperwork and coordinate processing with asset holders
  • Prepare Form 5500 and coordinate with plan sponsors for timely filing
  • Assist auditors if a plan is subject to an audit
  • Coordinate with all applicable parties to ensure accurate conversion process for new clients
  • Responsible for protecting, securing, and proper handling of all confidential data
  • Our I-Client service philosophy and Core Values should be visible in your actions

Experience, Skills, Knowledge Requirements

  • Bachelors degree preferred
  • 3-5 or more years ERISA experience in the retirement industry
  • Experience in analysis of financial data required
  • Experience in Relius software desirable
  • Strong Word, Excel, and Outlook skills
  • Strong written and oral communication skills
  • Analytic mentality associated with problem solving skills
  • Detail oriented with the ability to manage tasks related to ERISA compliance
  • Ability to plan and assign work to assist with plan modifications

We are proud to be an Equal Opportunity Employer

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