Retirement Plan Compliance Analyst (Entry to Senior level)
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Job Location:
Indianapolis, IN - USA
Monthly Salary:
Not Disclosed
Posted on:
21 hours ago
Vacancies:
1 Vacancy
Job Summary
FuturePlan is the nations 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. Our roots go back decades with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals 60 actuaries and one of the industrys largest in-house ERISA teams. Learn more at .
Section 1: Position Summary
Compliance position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.
*We have several openings for this role ranging from entry to senior level.*
Section 2: Job Functions Essential Duties and Responsibilities
- Ability to successfully complete and support the work outlined for the Compliance Associate roles
- Reads and comprehends retirement plan provisions from plan documents summaries of plan provisions and related plan materials to ensure accuracy and compliance with regulations.
- Understands considers and applies legislation and regulations including but not limited to IRS DOL and ERISA when preparing analyzing and interpreting information
- Supports DOL IRS and Large plan audits
- Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans
- Is responsible for plan administration compliance and testing for identified blocks of business
- Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines
- Prepares annual valuation and compliance reports for Clients
- Provides detailed consultations with Plan Consultant in drafting plan documents plan amendments and other legal documents
- Supports and completes assigned quality assurance reviews
- 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
Section 3: Experience Skills Knowledge Requirements
- Bachelors degree preferred
- 1 to 15 years of hands-on Retirement plan testing experience will be considered
- Experience doing Employer Calculations
- Must have experience with 5500s and other relevant documents
- Experience with cash basis and/or trust accounting
- Strong Word Excel and Outlook skills
- Strong written and oral communication skills
- Strong analytical and problem-solving skills
- Strong attention to detail and the ability to prioritize manage tasks and meet in connection with business operations including related ERISA compliance matters
- Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements
- QKA designation preferred but not required
- Involvement or work towards associates QPA designation preferred
- Prior experience with plan administration software i.e. FT Williams or ASC preferred.
We are proud to be an Equal Opportunity Employer
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ or @ email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting we strongly encourage you to apply directly through our website.
Required Experience:
Senior IC
Key Skills
- Compliance Management
- Risk Management
- Financial Services
- PCI
- Banking
- Cost Accounting Standards
- Quality Systems
- Research Experience
- NIST Standards
- Securities Law
- SOX
- ISO 27000
About Company
Everyone deserves to feel financially secure. We help more people save through partnerships with leading financial institutions and state governments.
