BenefitsLink logo
EmployeeBenefitsJobs logo
Search by state:
Search by zip code:
Search by job function:
Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Featured Jobs

Employee Benefits Attorney (Indianapolis IN)
Defined Contribution Administrator (Oak Brook IL)
Associate Fund Counsel (Washington DC)
Plan Administrator (Huntington Beach CA / Ballston Lake NY)
Get the BenefitsLink appLinkedIn

Retirement Plan Consultant

National Associates, Inc. [Farmers National Banc Corp.]

in Cleveland OH

National Associates member of Farmers National Banc Corp

SUMMARY: Review, analyze and amend Defined Contribution plans and prepare summary plan descriptions, reports and recommendations.  Prepare and submit required government reports and document filings as necessary.  Additionally, this role is responsible for preparing reports and presentations for clients, preparing loan documents and amortization schedules and tracking loan payments.

ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:

  • Compile various types of information needed to produce quarterly, semi-annual or annual allocation reports: review and update plan specifications, input census, identify Highly Compensated Employees and Key Employees; prepare SPD enrollment list for newly eligible employees; identify employees past normal retirement age or over 70 1/2; check vesting; calculate maximum tax deductible contribution; prepare contribution reporting form, if required.
  • Reconcile plan assets each valuation period
  • Develop and implement any plan amendments as necessary
  • Update plan specifications.Allocate employer contribution(s), forfeitures, and investment earnings to plan participants.Determine top heavy status of plan.Check 415 limits.Conduct other applicable compliance tests or reviews relating to: 410(b), ADP, ACP, 402(g), 401(a)(4).Run benefit statements for plan participants.
  • Prepare IRS Form 5500 and any related schedules that are necessary as well as Summary Annual Report.File Forms electronically.
  • Calculate benefits for participants due to termination, hardship withdrawals, loans, required minimum distribution or in-service withdrawals.Determine taxable amounts and distribution codes.
  • Prepare loan documents and loan amortization schedules.Track loan repayments.
  • Maintain contact with and answers inquiries from various sources: clients, accountants, attorneys, insurance agents, brokers, referrers, participants.Conduct research, if required, to respond to specific questions.
  • Prepare special studies for current or prospective clients.
  • Prepare required paperwork for plan termination, including benefit election forms.
  • Gather information requested by the IRS for plan audits.
  • Prepare Form 1099 and Form 945.
  • Maintain professional designation, if applicable.
  • Communicate with accountant during large plan audit, if necessary.
  • Communicate with the Department of Labor and/or IRS during audit.
  • Attend client meetings as required.
  • Work on new cases assigned to set up ASC/AMS.Request prior year’s information from client to establish proper data base.
  • Keep current on all technical issues related to Defined Contribution Plans.
  • On closed cases, remove case files after final allocation has been completed and advise AMS Coordinator to change case status.
  • Conduct open enrollments.
  • Perform other duties as assigned to contribute to the overall efficiency and smooth operation of the firm.
  • Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures.Maintain compliance with all appropriate rules and regulations.
  • Regular, predictable attendance is an essential requirement of this position


  • High School Diploma or G.E.D. required
  • Minimum of two (2) years’ experience with defined contribution plans preferred
  • Basic math and/or accounting skills

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran

How to Apply

To complete an application, apply online using this link:

This ad has been viewed 1014 times. It expires on 6/7/2019.

Renew this job Edit this job Remail this job Delete this job Feature This Job

About Us


Privacy Policy

Post a Job

Advertise in the BenefitsLink Newsletters

Add Your Company to the Directory of Vendors and Software

Recommend a News Item, Press Release, Webcast or Conference

Contact Us

Payment Portal

© 2019, Inc.