Job Description
Job Description
Our client is looking for a detail-oriented Operations Analyst with some strong technical skills (Excel, general computer etc.) to join a growing team in the Horsham, Pennsylvania area. This role focuses on supporting the administration and compliance of defined contribution retirement plans, including 401(k), profit-sharing, and other plans requiring relevant experience. The ideal candidate will thrive in a collaborative environment and demonstrate a passion for delivering exceptional client service while enhancing their expertise.
Responsibilities:
• Perform all compliance and administration tasks for defined contribution plans, such as 401(k), profit-sharing, and money purchase pension plans.
• Reconcile asset and trust accounts to ensure accuracy and compliance.
• Conduct nondiscrimination and compliance testing, including coverage, top-heavy, and 415 limits testing.
• Manage employee census data reconciliation and execute contribution and allocation calculations, such as employer matches and profit-sharing.
• Prepare valuation and compliance reports for clients.
• Complete governmental filings, including Forms 5500, 8955-SSA, and 1099-R.
• Address and correct compliance violations through appropriate correction methods and submissions.
• Provide support for large plan audits and assist with plan conversions and special projects.
• Collaborate with plan sponsors, recordkeepers, and other professionals to ensure the success of client retirement plans.
• Offer consulting on plan design options and compliance matters.
• Bachelor’s degree in finance, accounting, business, or a related field.
• At least 3 years of experience working with defined benefit or defined contribution plans.
• Proficiency in completing Form 5500 and other governmental filings.
• Strong knowledge of defined benefit and defined contribution pension plans.
• Advanced skills in Microsoft Excel for data analysis and reporting.
• Exceptional attention to detail and organizational skills.
• Effective interpersonal and communication skills for collaborative work environments.