The Defined Benefit Plan Consultant will serve as a resource to plan sponsors and financial advisors for matters related to ERISA compliance, plan design and governmental reporting.
Provide effective and timely verbal and written communications in a clear, concise and informative written manner
Assist the client with all initial and ongoing plan design and document support
Assist the client in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan
Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
Responsible for most all aspects of actuarial valuation reports, participant statements, Annual Funding Notice, and AFTAP preparation
Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 401(a)(4), 401(a)(26), deductibility, and 402(g)
Prepare benefit calculations and review distribution paperwork
Review or prepare Form 5500, draft Schedule SB for actuary, and coordinate with plan sponsor to help ensure timely filing
Review or prepare annual PBGC premium filings
Assist in preparation of PBGC termination filings
Assist auditors if a plan is subject to an annual audit
Under the direction of leadership, assist IRS, DOL and PBGC auditors, if the plan is subject to an IRS, DOL or PBGC audit
Coordinate with all applicable parties, both internal and external, to ensure accurate takeover process for new clients including set up to match prior valuation
As applicable, work with Enrolled Actuaries, or independently to coordinate and oversee activities that will ensure timely and accurate completion of a large book of business
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
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.