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Retirement Plan Specialist

Advanced Drainage Systems

in Hilliard OH

Logo for Advanced Drainage Systems

Overview
ADS is seeking an experienced Retirement Plan Specialist to provide support for the company’s retirement programs. Currently, these programs include a 401k Profit Sharing Plan (PSP) and Employee Stock Ownership Plan (ESOP), in accordance with the plan provisions, current laws and regulations as governed by ERISA. The role’s broad scope of responsibilities requires the right individual with a balance of strong communication, vendor management and relationship building skills. The skills are needed to effectively interact and relate with program participants, plan sponsors, auditors and financial advisors, along with successfully partnering internally with the ADS accounting, legal and HR business partner teams.

Responsibilities

The Retirement Analyst will be responsible for, but not limited to, the following:

  • Reviews annual ESOP allocation per the Plan’s defined formulaic methodology and nondiscrimination rules
  • Reconcile PSP employee contributions and verify timely deposits
  • Retrieves, reviews and timely responds to program related inquiries and requests.
  • Responsible for compilation of census data for annual nondiscrimination testing, including ADP/ACP, 410(b), 401(a)(4) and Top-Heavy testing for both the PSP and ESOP
  • Regularly reviews and verifies participant plan status, eligibility, and vesting information provided by third party recordkeeper
  • Initial point of contact for SOX control audit work related to PSP and ESOP
  • Reviews ESOP distribution information provided by the Plan’s recordkeeping vendor
  • Reviews and interpret plan documents

    PI134479000

How to Apply

Apply Now


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