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Retirement Plan Payment Specialist

Transition Finance Strategies LLC
locationOsseo, MN 55369, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job DescriptionDescription:

Retirement Plan Payment Specialist

Maple Grove,MN • 401(k) and Pension


Where Accuracy Meets Impact

Put your retirement plan expertise to work helping employees across the country access the benefits they’ve earned.


At Blue Ridge Associates, we go beyond retirement plan administration — we help people build lasting financial security. As one of the nation’s top retirement administration firms, we partner with companies that share success through 401(k), pension, and ESOP benefits. Our mission is rooted in empowering employees to take ownership of their futures — and that starts with making sure they receive the right payments at the right time.


With a nationwide client base and a growing team, we offer a supportive and collaborative work culture with offices across the country — including in Maple Grove, MN, where this position is based.


That’s Where You Come in as a Retirement Plan Payment Specialist

As a Retirement Plan Payment Specialist, you’ll play a critical role in ensuring that retirement plan participants receive their benefit payments accurately and on time. Your work supports both the technical and personal side of plan administration — helping employees access the savings they’ve worked hard to build.


Retirement Plan Payment Specialist Responsibilities:


Customer Service

  • Respond to questions from clients and referral sources in a timely manner
  • Be an advocate for Blue Ridge Associates in all interactions

Transaction Administration

  • Accurately interpret plan documents to determine eligibility for participant transactions (e.g. loans, distributions, QDROs, etc.)
  • Intake, review, process, and complete transactions in a timely manner
  • Enter distribution information on required tracking lists and software (e.g. 1099-R, internal checklists, etc.)
  • Calculate, prepare paperwork for, and process Required Minimum Distributions

Plan Administration

  • Coordinate with other service providers (e.g. financial advisor, investment company, CPA, payroll, actuary, etc.)
  • Continually develop and increase knowledge of retirement plan rules and regulations (attend webcasts, department meetings, pursue credentials, continuing education, etc.)
  • Review team member’s distributions for accuracy
  • Send required notices and distribution packages
  • Process mandatory distributions
  • Set up automatic rollovers for eligible participants
  • Assist with requests from other members of the Blue Ridge Associates team

Company Development

  • Identify opportunities for improvements to our company
  • Participate in working groups to enhance the organization’s work product and internal processes
  • Maintain the company’s tools and resources (e.g., company intranet, databases, etc.)
  • Contribute to changes that positively impact the organization

Perform other tasks and projects assigned


Requirements:

Retirement Plan Payment Specialist Requirements:

  • 3+ years of customer service experience
  • Bachelor's degree preferred (ideally with a concentration in Accounting, Finance, Math, Economics, or Statistics)
  • Provide quick and timely customer service
  • Comprehend and explain complex information to others
  • Aptitude in accounting and math
  • Must be able to quickly address, research, and solve problems
  • Meet deadlines and manage dynamic workloads
  • Demonstrate enthusiasm for learning and professional development
  • Maintain excellent organizational skills
  • Successful completion of a background check

Why You’ll Love Working Here as a Retirement Plan Payment Specialist

Join a mission-driven team that values accuracy, service, and teamwork — and enjoy a workplace that supports your growth and well-being.


We offer:

  • Competitive salary & comprehensive benefits (medical, dental, vision, life, disability)
  • 401(k) with company match + HSA with contribution
  • Generous PTO for parental leave, vacation and holidays
  • Support for certifications, professional development, and industry association dues
  • A strong team culture with virtual and in-person events, volunteer opportunities, and more

Join Us as We Help Secure Financial Futures

At Blue Ridge Associates, we envision a future where every employee has the opportunity to retire with dignity. Every payment you process brings that vision one step closer to reality. We live our values every day:

  • Precision – Accurate and timely benefit disbursements
  • Efficacy – Confidence in compliance and participant readiness
  • Advocacy – Supporting regulatory practices that protect employees
  • Collaboration – Working as trusted partners across clients and teams
  • Excellence – Providing high-touch service to every client, every time

This is more than a job. It’s your opportunity to make a lasting difference — for your career and for the people whose futures you help secure.


Apply now and help us build wealth for generations.


Equal Opportunity Employer

Must be authorized to work in the US

Must reside within commuting distance to the Maple Grove, MN office


Salary Description

$20.00 - 24.03 per hour

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