View Job - 4079 - Defined Contribution Plan Admin (MR-P [4079]
Job ID:4079
Job Title:4079 - Defined Contribution Plan Admin (MR-P
Job Location:Union, NJ
Position type:Permanent
No. of Pos.:1
Cand. Rate:Open
Description:
Defined Contribution Plan Administrator
Full-time Permanent Position
Third Party Administration company is looking for DC Administrator.

Data Collection:
- Gather necessary information for FDR's in a timely manner.
- Ensure data follow-up procedures are adhered to
- Review incoming data for accuracy
- Implement process to correct errors in a timely manner.
- Payroll log in for 401(k) Plans.
- Billing follow-up as needed.

Valuation Reports:
- Load asset and census data soon after receipt
- If necessary, perform Trust Accounting Services, ensuring guidelines are adhered to
- For 401(k) Plans, perform Deposit Maintenance on a regular basis
- Prepare a product that is accurate and complete for review by Enrolled Actuary.
- Ensure that follow-up procedure for contributions is done in a timely manner.
- Ensure Valuation Report to be sent is complete and accurate and that all pertinent information is well communicated to the client.
- Turn around time is generally three to six weeks

Government Forms:
- Reconcile necessary trust data, track on 5500 format for file.
- Follow-up for missing information in a timely manner.
- Prepare a product that is accurate and complete for review by Enrolled Actuary.
- Ensure that filing deadlines (5500, 5558, PBGC, etc.) are clearly met at all times.
- Ensure forms package is mailed to the client in a complete and timely manner.

Communication:
- Give appropriate feedback to Enrolled Actuary, President and vice President include the use of e-mail to report each conversation with clients and referral sources within one hour per call.
- Establish and maintain work priorities.
- Answer client and advisor queries in a prompt and professional manner.

Miscellaneous:
- Ensure that election forms are received and reviewed for accuracy for all 401(k) plan clients.
- Perform appropriate testing for all 401(k) plan clients.
- Demonstrate current knowledge of Tax Laws and keep current with any changes
- Maintain working knowledge of all computer systems including updates
- Keep current with tax law changes and demonstrate such knowledge.

Plan Design and New Business:
- Develop and calculate new business proposals.
-- Assure proper implementation
-- New Business Tracking

General Responsibilities:
- Work as a team member with all staff.
- Ensure efficient work habits, including organized files.
- Maintain proper decorum
- Provide ongoing communication with all staff.
- Complete tasks as they may occur, promptly and accurately.

Actuarial / Jr. Actuarial experience a Big Plus.

Compensation is open and commensurate with experience.
No Visa sponsorship is available.
Powered by ApplicantStack