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Daily Valuation Retirement Plan Administrator

Ingham Retirement Group

in Miami FL / Telecommute

As Administrator for Defined Contribution daily valuation plans, responsible for annual compliance tests and IRS 5500 preparation and timely submission.  Also DV administrator serves as the primary point of contact for interaction with clients, consultants and others as it relates to:

  • Regulatory and legal compliance
  • Annual reporting and valuation
  • Adherence to Plan provisions and disclosures to plan participants
  • Reporting and government filings

Essential Duties and Responsibilities

As Daily Valuation Retirement Plan Administrator for DC plans:

  • Update plan tracking to ensure projects are completed on a timely basis for assigned caseload
  • Field daily phone calls/ email requests from clients, and consultants and respond in a timely and thorough fashion
  • Problem solving / research
  • Coordination with consultants on plan design and management of needed amendments

Perform annual quality assurance review:

  • Review Plan documents for plan provision changes, assure consistency with Saleslogix, update as needed.
  • Determine all Legal Documents are signed and dated

Perform annual plan administration:

  • Ascertain that data is received within prescribed guidelines
  • Data scrubbing (including update and review of census and eligibility)
  • Compute and determine employer contributions in accordance with Plan provisions and instruct clients on further actions, if needed
  • Prepare all calculations related to and required for any terminated plans

Perform annual compliance testing:

  • Perform all required compliance testing:  401(a)(4), 401(k), 401(m), 410(b), 415, 416
  • Determine correction methods for 410b, 401k or 401m testing failures, and 401a4 issues, if applicable
  • Correspond with client giving specific instructions on any actions client needs to take with respect to results of compliance testing

Prepare government forms and other required filings:

  • Reconcile trust to posted employee/ employer contributions, distributions, and trust gains / losses producing plan financials
  • Prepare IRS required forms and schedules:  IRS 5500, related schedules, and SAR
  • As applicable, prepare audit package and coordinate with client and auditor on sample selections and reconciling questions
  • Prepare IRS Form 8955-SSA as needed
  • Prepare IRS Form 5330 as needed
  • Prepare IRS and / or other government mandated forms or filings for terminated plans
  • Review quarterly participant billing counts prior to submission to accounting
  • Extract data for creation of annual participant GAP reports; review created report for quality control
  • Review plan highlights for enrollment kits
  • Review projected eligibility reports, auto enrollment reports and online contribution report processing for use by client
  • Other duties or projects as may be assigned from time to time


To perform this job successfully, an individual must:

  • be able to perform each essential duty satisfactorily
  • have thorough knowledge of ERISA and be able to apply the knowledge to business issues
  • be able to explain technical issues to clients and others in layman’s terms
  • possess superior client management, organizational, and project management skills
  • have strong mathematical, analytical, and computer skills
  • be able to work independently and self-check work
  • conduct duties with the utmost precision and stewardship
  • have excellent command of written and spoken languages
  • have the ability to prioritize multiple priorities, projects and deadlines, so as to complete work within prescribed deadlines
  • have active listening skills

Education and/or Experience

  • Bachelor degree in accounting, finance or other business-related field
  • Over 2 years of experience as retirement plan administrator
  • Proficiency with Relius Sungard systems
  • Proficiency in Saleslogix
  • Proficiency in Microsoft office Word and Excel
  • Strong computer technical skills

Certification / Licensure

ASPPA designations:

  • QKA, Qualified 401(k) Administrator (preferred, or obtainable)

Language Skills

  • Ability to read and interpret common technical journals, financial reports, and legal documents.
  • Ability to respond to common inquiries or complaints from executives and managers, employees, customers, regulatory agencies, or members of the business community.
  • Ability to effectively present information to management and employees, whether in group or individual settings.

Mathematical Skills

  • Ability to work with mathematical concepts and to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Reasoning Ability

  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to interpret a variety of instructions.

How to Apply

Apply by email to:

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This ad has been viewed 513 times. It expires on 5/6/2018.

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