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ESOP Analyst

Newport

in West Des Moines IA

Logo for Newport

Who We Are

Newport helps companies offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced and responsive.

JOB SUMMARY: The ESOP Benefits Analyst will be responsible for reviewing census information and determination of eligibility, reconciliation of trust asset, compliance testing under code sections 404, 415, 410(b), and 416, allocation of employer contributions and posting of other participant activity to individual accounts and preparation and review of Form 5500 and related schedules.

Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

  • Update all information into recordkeeping system, allocate investment gains/losses, allocate employer contributions and forfeitures, and balance summary of accounts to trust assets.

Managment Responsibilities (none)

Required Education, Experience and Certificates, Licenses, Registrations

  • Bachelor’s degree or equivalent of related experience in the administration of retirement plans
  • Related ESOP experience
  • Excellent written and oral communication skills.
  • Proficient using Excel, Word, PowerPoint, and Adobe/Foxit
  • Must have strong analytical, problem solving and organizational skills
  • Must have a demonstrated track record of consistently meeting and/or exceeding performance expectations with the ability to work under pressure in a very fast paced environment

Preferred (but not required) education or skills for this role are

  • ASPPA or CEBS preferred 
  • Experience in Relius a plus

Competencies

  • Independent
  • Diplomatic
  • Creative Problem Solver
  • Integrity
  • Analytical Thinker
  • Resourceful
  • Team Player
  • Utilizes Sound Judgment
  • Builds Collaborative Relationships
  • Results Driven
  • Exhibits Personal Credibility
  • Attention to Detail
  • Organization and Planning
  • Time Management
  • Written and Oral Communication Skills

TRAVEL: 5%.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Newport group offers for employment are conditioned upon satisfactory completion of our employment screening process (including, but not limited to, a review of past employment and education records, background investigation, and/or credit check).

Newport Group is an Equal Opportunity Employer.  We do not discriminate on the basis of race, religion, color, sex, sexual orientation, gender identify, gender expression, national origin, age, non-disqualifying physical or mental disability, veteran status, or any other basis covered by applicable law. All employment is decided on the basis of qualifications, merit, and business need.

How to Apply

Apply Now


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