Warehouse Manager
Sonic Electronics
Retirement Plan Administration Associate
Boulay
full-time
Posted on:
Origin: • 🇺🇸 United States
Visit company websiteSalary
💰 $64,000 - $87,000 per year
Job Level
JuniorMid-Level
About the role
- We are currently seeking a talented and enthusiastic individual to join our Retirement Plan Administration team. The Retirement Plan Administration Associate is responsible for managing all aspects of compliance systems data maintenance to support transaction processing, compliance testing, and reporting. Tasks are conducted under limited direct supervision but under the review of department leaders. This position may also involve working cross-departmentally with other Boulay Departments to effectively accomplish projects and tasks
- As a graduate, you will have hands-on client responsibility from the start. You will be given the support you need to develop a breadth of skills and experiences that will enable you to achieve your goals. We offer you the opportunity to grow professionally with diverse projects, in-house training programs, professional seminars, direct Partner mentorship and career advancement.
- Responsibilities:
- Plan Administration Support
- Analyze plan documents to determine terms, responsibilities, and duties associated with service provided for the plan
- Ensure system specifications reflect written plan documents
- Manage benefit plan records and information for clients
- Analyze and process census information
- Reconcile and update participant data
- Review selected incoming distribution documentation paperwork for completeness and accuracy
- Assist in calculating and processing transactions, distributions, and loan requests
- Manage trust statements and perform trust accounting
- Prepare Forms 5500 and compile reports
- Assist in the evaluation of takeover plans and coordinate related transition of data
- Assist with managing deadlines, correspondence, data collection, and retirement plan compliance for clients
- Remain actively involved in departmental development of processes and procedures.
- Compliance System Data Management
- Serve as a centralized data management resource for all our internal and external contacts
- Maintain contact management systems data, plan sponsor and participant web access
- Manage data links with partner financial institutions
Requirements
- Required:
- Associate Degree, Bachelor’s Degree, or equivalent employment experience
- 0-2 years of experience
- Strong comfort level with technology and learning new programs
- Ability to handle sensitive information and maintain confidentiality
- Strong reading comprehension with complex material
- Strong analytical and mathematical skills
- Preferred:
- Previous experience in a similar role
- Experience with Relius software is preferred
