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Retirement Plan Administrator

Hessel & Associates, LLC

in Telecommute / Lincolnshire IL

Retirement Plan Administrator

Hessel & Associates (H&A) is a pension consulting and third party administration firm. H&A was established in 1979 and today remains a family-owned and operated business.

H&A is looking for a Retirement Plan Administrator who will effectively and efficiently administer defined contribution plans according to the current laws and regulations while managing all aspects of the client experience.  The Retirement Plan Administrator will develop and maintain consultative and educational relationships with plan sponsors and their accountants, advisors and HR reps.

The qualified candidate will possess a minimum of 3-5 years experience in administration with defined contribution plans, is proficient with Microsoft Word, Excel and Outlook and have excellent communication skills, a strong attention to detail and effective time management skills. Experience with defined benefit plans, Relius and PensionPro a plus.

The Retirement Plan Administrator will be responsible for:

  • Reviewing plan sponsor census and determining eligibility, vesting and Key Employee/Highly Compensated Employee status
  • Calculating and allocating employer contributions per the plan’s formula and nondiscrimination rules
  • Calculating and verifying required deferral refunds per failed ADP test, if applicable
  • Reconciling plan assets and verifying timely contribution deposits
  • Completing and reviewing for accuracy all nondiscrimination testing, including ADP/ACP, 410(b), 401(a)(4) and Top Heavy testing
  • Communicating with client, accountant, attorney and investment advisor
  • Preparation of Form 5500 and related schedules
  • Preparation of loan documents
  • Preparation of distribution forms
  • Preparation of annual report including benefit statements
  • Review and interpret plan documents

We have a friendly, nurturing environment and encourage/financially support continuing education involvement to further the candidate’s career.  We offer a comprehensive compensation package including health, life and disability insurance, cafeteria and 401(k) plans and salary commensurate with experience.

How to Apply

Please submit resume by email to audreycraddock@hesselpen.com


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