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in Folsom CA
Newport Group has a great opportunity for a Compliance Consultant out of our Folsom, CA office. The Compliance Consultant will provide compliance
testing, testing review, document support and government forms preparation and review for highly complex retirement plan clients. Ensure that assigned plans remain tax qualified by meeting all IRS and DOL reporting and testing requirements. This also
includes reporting on all accounting and financial activity for the plan. May also provide technical training.
Essential Duties and Responsibilities may include the following. Other duties may be assigned.
Prepare and review non-discrimination tests, top heavy test, coverage tests, 415 annual addition tests on the largest and most technically complex plans.
Complex testing on New Comparability plans, multiple employer plans and “high
Complete additional compliance testing that must be done such as 401(a)4 and may also perform and or review more complex contribution.
Reviews legal plan document and all employee data and determines participant
Coordinates year end processing issues with Relationship Managers/Client Service Managers. Also assists with any client calls
Leads process improvement projects deemed necessary after annual review of internal procedures by
Compliance Manager, incorporating any upcoming tax law updates
Assist in training of new processes
Bachelor’s degree in business related filed or combination of education
and industry experience
5-7 years of progressive plan experience in third party administration environment including experience in preparing, reviewing and explaining qualified plan compliance testing and government forms filing
ASPPA’s QKA designation
Demonstrated experience in areas of controlled groups, cross testing, catch-up contributions and other technical topics
Advanced level of Excel and testing system (TBD)
Proven ability to utilize
technical skills and available tools to solve compliance issues.
Advanced knowledge of retirement plan tax lawn (ERISA) including Revenue Code sections 401401(a)(4), 416, 414(b), (c), (m), (n), as well as others.
Should also have a very
strong mathematical aptitude, specifically detailed financial reconciliation and data analysis.