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Defined Benefits (DB) Plan Administrator

NPPG (National Professional Planning Group, Inc.)

in Remote / Owings Mills MD

Are you an experienced Defined Benefit (DB) Retirement Plan Administrator? Do you have a “pension” for numbers? Does digging into new regulations and/or administering complex retirement plans make you giddy? If the answer to these questions is “yes”, then check out this opportunity with our team!

NPPG (https://www.nppg.com/https://www.nppg.com/) is an independent third-party administrator that offers employee benefits, retirement planning, actuarial consulting, and fiduciary services.  We are currently looking for a full-time, fully remote Defined Benefit (DB) Plan Administrator. Our employees enjoy a collaborative culture, comprehensive benefits package, and opportunity for growth.

POSITION TITLE: DB Plan Administrator

POSITION LOCATION: Anywhere in the US (fully remote)

PRIMARY RESPONSIBILITIES

• Draft government filings (Form 5500s, PBGC premiums, 8955-SSA)
• Conduct annual regulatory compliance testing for both solo and combo plans
• Review and communicate results related to the actuarial valuation process
• Maintain turnaround time to meet clients’ requirements and the department's timing standards
• Review and deliver the participant annual funding notice and actuarial AFTAP certification
• Review and assist clients with the filing process for the IRS Form 5500 package
• Review and assist clients with the filing of the Pension Benefit Guaranty Corporation (PBGC) Comprehensive Premium Form for determining premium payments to comply with PBGC regulations
• Review and communicate the financial impacts of the ASC 715 Pension Expense Calculation (including settlement transactions) and Disclosure Statement
• Review and deliver benefit calculations and projected benefit estimates, including QDROs, RMDs and in service distribution benefits
• Demonstrate technical proficiency with various software applications to become efficient in completing client assignments
• Serve as a technical resource to Actuarial Analysts
• Demonstrate strong technical knowledge of ERISA, FASB and GASB requirements
• Develop proposal illustrations

REQUIRED QUALIFICATIONS

• Minimum 1 year with a third-party administrator (TPA) working in a Defined Benefit (DB) Plan Administrator position to include experience with all the following:
  • administration of defined benefit plans from start to finish
  • completion of form 5500
  • annual contribution calculations
  • defined benefit plan valuation
  • compliance testing
• Proficiency with Microsoft Office
• High school diploma or equivalent
• Experience successfully managing time, setting priorities, and meeting deadlines in a fast-paced environment
• Ability to collaborate with others and work autonomously
• Excellent verbal and written communication skills with the ability to establish rapport and provide quality customer service
• High level of organization and attention to detail

PREFERRED QUALIFICATIONS

• Bachelor’s degree
• Demonstrated knowledge of ERISA, FASB, and GASB
• Experience with ACS or Relius

NPPG is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other protected characteristic as outlined by federal, state, and/or local laws.

How to Apply

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