Remote
Full Time (40hrs/week)
Start Immediately
Pay: $65,000-$80,000
Our Team Members
At Leading Retirement Solutions (LRS) our goal is to empower all businesses with the economic independence required to help their employees save for a secure retirement. In order to deliver on this goal, LRS team members uphold their commitment to superior customer service, have a consistent track record of exceeding expectations, and always show their attention to detail by continually advancing their education of our unique industry. With their solutions-oriented mindset and ability to thrive both independently and as part of a team, LRS is able to leverage our strengths and promote innovation throughout our industry. If this aligns with your values, and you possess the skill set to thrive in a fast paced and often changing work environment, we would love for you to join our organization of experts!
We implement 401(k)s, 403(b)s, Defined Benefit Plans, SEP & Simple IRAs, ROBS, ESOPS, Church Plans, and even plans for Cannabis companies. Through our open architecture recordkeeping services, we provide investment advisors, managers, plan sponsors and participants access to traditional and nontraditional investments.
Department-Wide Responsibilities
The Administration Team consists of team members who support all aspects of Plan Administration including participant support and sponsor interaction. Team members provide a high level of communication in the administration of retirement plans and meeting regulatory requirements. Team members communicate with plan sponsors, plan participants and referral partners to maintain a high level of customer satisfaction through oversight and coordination of referral relationships and new clients. A consistent expectation to improve processes, workflow improvement initiatives, and program/policy changes are driven by the Administration team.
Responsibilities In Your Role
• Assist with all aspects of administration in a balance forward and daily valuation environment.
• Responsibilities include valuations, compliance/discrimination testing.
• Collect and process census information.
• Determine eligibility, vesting, and calculate contributions/allocations.
• Prepare match and/or profit sharing calculations based on client goals and needs.
• Prepare and review coverage and non-discrimination tests, including controlled and affiliate service group considerations.
• Calculate ADP/ACP refunds, recommend appropriate correction method and work with team members to distributed timely.
• Review plan documents, understand retirement plan provisions and accurately apply to client and participant circumstances, including distributions, loans and vesting.
• Recommend and discuss plan design changes with client services manager.
• Collect and track necessary information for completion of valuation reports, including working with multiple types of investment providers.
• Complete and review contribution calculations (age weighted, integrated, cross tested, etc.).
• Reconcile trust assets to participant accounts.
• Preparation of 5500 Forms, related schedules and other IRS Forms.
• Determine RMD eligible, calculate and communicate distributions to be taken or waived.
• Work and communicate with Sponsors and Participants in processing requests.
• Prepare annual participant statements.
• Understanding of Plan Errors and working knowledge of correction methods.
• Identifying/Working with large plan audits, coordinating with service providers, collecting, assembling and analyzing data.
• Support clients with IRS Audits and DOL investigations.
• Calculate late deposit requirements.
• Review and determine 8955A requirements.
• Monitor workflow for calendar and off calendar plans.
• Support Plan conversions and deconversion.
Qualifications
• Minimum of 4 years retirement plan industry experience
• Bachelor’s Degree (is there a preferred degree we can screen for?)
• Proficiency/Knowledge with SRT and Ft Williams software and/or similar systems is preferred
• Proficiency in Excel, Word, Outlook, Adobe Acrobat, and browsing network directories
• Superb communication skills
•Commitment to superior customer service
• Excellent attention to detail and accuracy
• Proficient with numbers and basic calculations
• Solutions oriented and ability to handle changing and competing responsibilities are necessary skills whenworking in an emerging business, like Leading Retirement Solutions
• Works well with team members in a remote work environment
•Track record of completing performance targets
Benefits We Offer
We offer benefits including Medical, Dental, Vision and Accident after 60 days of employment. Paid Time off (PTO) and Paid Holidays are available after 90 days of employment. We also offer a company sponsored 401(k) Plan and company matching contributions, performance bonuses, and financial support for ongoing education and credentialing. We are a growing company with a casual working environment, providing each of our team members the opportunity to be a part of our company's success.
Our Team Has A Lot To Say
LRS Research
Are you aware of the Retirement Gap between men and women in business?
Updates
