Plan Administrator - Newport
Ascensus
Compliance Coordinator I
Ascensus
full-time
Posted on:
Origin: • 🇺🇸 United States • Oklahoma
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Performs a comprehensive review of the Review 5500, makes needed updates, and posts the 5500 and SAR per broker and/or plan sponsor instructions.
- Puts forth effort to understand the broker, plan sponsor, plans and benefit/insurance data and works collaboratively with the consultant and data collections contacts as necessary.
- Updates tracking system with any missing information on the Schedule A’s or plan sponsor data and moves the file back to Data Collections.
- Makes necessary updates daily on files sent back for updates/corrections and checks with Consultant as needed to ensure updates align with Form 5500 Instructions.
- Assists with peer 5500 reviews to assist the flow of prepared 5500s.
- Owns primary responsibility for preparing, reviewing and posting amended 5500s as well as Ticking and one-year DFVCs.
- Assists with or takes responsibility for efiling on a daily basis and assists with preparing Form 5558 Extensions.
- Assists and supports Consultants, 5500 Specialists and Data Collections as directed by management to optimize the Wrangle process.
- Manages multiple tasks effectively, balancing high productivity with excellent service quality, adhering to SOPs and controls.
- Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus.
Requirements
- Professional relationship and professional communication with plan sponsors, brokers and Wrangle staff.
- Ability to understand brokers, plan sponsors, plans and benefit/insurance data.
- Collaborate with consultants and Data Collections contacts to address questions or open items.
- Update tracking system with missing information on Schedule A’s or plan sponsor data and move files back to Data Collections.
- Check with Consultant to ensure updates align with the Form 5500 Instructions.
- Prepare, review and post amended 5500s, Ticking and one-year DFVCs.
- Assist with or take responsibility for daily e-filing and prepare Form 5558 Extensions.
- Adhere to Wrangle and Ascensus standard operating procedures and controls.
- Protect, secure, and properly handle confidential data to prevent unauthorized access or unapproved disclosure.
- Be aware of employment fraud and verify Ascensus communications originate from @ascensus.com or @futureplan.com addresses.
- Self-management, timely email responses, and accurate data entry following Wrangle’s Best Practices.
- Regular, reliable and punctual attendance.
