The Defined Benefit Plan Consultant will serve as a resource to plan sponsors and financial advisors for matters related to ERISA compliance, plan design and governmental reporting.
* Provide effective and timely verbal and written communications in a clear, concise and informative written manner * Assist the client with all initial and ongoing plan design and document support * Assist the client in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan * Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions * Responsible for most all aspects of actuarial valuation reports, participant statements, Annual Funding Notice, and AFTAP preparation * Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 401(a)(4), 401(a)(26), deductibility, and 402(g) * Prepare benefit calculations and review distribution paperwork * Review or prepare Form 5500, draft Schedule SB for actuary, and coordinate with plan sponsor to help ensure timely filing * Review or prepare annual PBGC premium filings * Assist in preparation of PBGC termination filings * Assist auditors if a plan is subject to an annual audit * Under the direction of leadership, assist IRS, DOL and PBGC auditors, if the plan is subject to an IRS, DOL or PBGC audit * Coordinate with all applicable parties, both internal and external, to ensure accurate takeover process for new clients including set up to match prior valuation * As applicable, work with Enrolled Actuaries, or independently to coordinate and oversee activities that will ensure timely and accurate completion of a large book of business * Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients. * Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always? should be visible in your actions on a day to day basis showing your support of our organizational culture. * Assist with other tasks and projects as assigned
Ascensus is a place to have a career, not just a job. As the largest US independent retirement and college savings services provider, we put our focus on people. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity. When you join our team, you get to go to work every day knowing that you help over 6 million Americans save for retirement and college.
Ascensus is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, national origin, ancestry, religion, age, citizenship, sex, marital or veteran status, disability or handicap, sexual orientation or any other basis prohibited by applicable law. Ascensus also takes affirmative action to employ, and advance in employment, qualified women, minorities, and covered veterans. Ascensus also makes reasonable accommodations for qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state laws
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.