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Pension Administrator

PPS Pension Services

(Williamsville NY / Hybrid)

Responsibilities

This position will be responsible for all aspects of Qualified Plan Administration on a set book of business.  Familiarity with FT William recordkeeping software and plan document systems is preferred.  Duties include:

• Respond to client inquiries from both Plan Sponsors as well as participants if needed
• Prepare 5500, Annual Reporting and accompanying tax forms for each plan
• Prepare and run any/all tests including but not limited to: ADP, ACP, 410(b) and other tests as required
• Monitor 415 and 402(g) limits
• Monitor census data and calculate eligibility
• Work with the plan recordkeeper to oversee new loan requests, as well as re-financing requests
• Work with the plan recordkeeper to oversee distribution requests including: termination distributions, hardships withdrawals, in-service withdrawals, installment payments, etc.
• Work with the plan recordkeeper to calculate participant RMD requirements and distribute required forms as needed
• Calculate and/or project annual employer profit sharing contributions as needed
• Calculate year-end true up matching contributions
• Import annual information from the client and recordkeepers into recordkeeping software from FTW
• Oversee Plan terminations as needed
• Prepare Plan Adoption Agreements including document creation, plan amendment filings, SPD updates, restatements etc.
• Handle IRS and internal client audits as needed
• Check work of other Pension Administrators as needed
• Answer questions of other Pension Administrators
• Cover for the other Pension Administrators as needed
• Assist in developing forms, procedures, and other materials
• Research special questions, new rules and regulations
• Ensure database reports are current
• Monitor Plans to ensure compliance with current laws and regulations
• Consult clients on rules and regulations surrounding the administration of QDROs.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion

Qualifications

• Bachelor’s degree in Business Administration or related field preferred
• ASPPA QKA Designation highly preferred
• Good customer service, communication, and analytical skills.
• Must be highly organized with an attention to detail as well as the ability to multitask.
• Must be knowledgeable with computers and have the ability to work well with others.
• A minimum of 3 years related experience necessary, as well as experience in Pension Plan Administration and Retirement Industry knowledge.
• All applicants must be 18 years of age or older.

Salary Range

$50,000-$70,000 depending on experience

Other Job Information

Compensation: Commensurate with experience plus potential for annual merit increases, bonus and profit sharing contributions. In addition to your competitive salary, available benefits include:  Medical, Vision & Dental insurance, Life Insurance, Disability Insurance, 401K with Safe Harbor match, Paid Vacation and Tuition Reimbursement.

About PPS Pension Services, Inc.

For nearly 60 years, PPS Pension Services has provided our corporate clients with recordkeeping, administration and investment services for their retirement plans.  Specializing in the 401(k) and 403(b) marketplaces, we are proud of our reputation for providing efficient, accurate and affordable services to our clients across the United States. 

Please visit our website for more information about our company:  http://www.ppspensions.net, as well as our sister company PPS Retirement Advisors http://www.ppsadvisors.net

How to Apply

Interested candidates should submit their resume to:  ppspensionsjobs@gmail.com.

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