What are the responsibilities and job description for the Compliance Specialist position at Ascensus?
Nyhart, now part of FuturePlan by Ascensus®, is an award-winning consulting, actuarial, and administration services company. We’re dedicated to maximizing the potential of our human resources and are committed to recruiting, developing, rewarding, and retaining a workforce that delivers quality customer service to over 2,000 clients in all 50 states.
Nyhart, part of FuturePlan by Ascensus, is an award-winning firm that provides nationwide consulting, actuarial, and administrative services.
We are seeking an experienced Compliance Specialist to assist with the growth in our department while acting as a technical resource. The Compliance Specialist will be responsible for facilitating the filing of government forms for our clients. This person will own the compliance process from beginning to end and will partner with internal teams to verify information needed, timelines, and then ultimately communicate results with clients. Communication and organization are top needed skills to be successful.
Responsibilities include:
Complete 5500s for audited plans and non-audited plans and partner with plan sponsor to file timely. This will include the following tasks (but not limited to):
- All forms (except for Schedule B) will need to be completed by this associate
- Coordination with defined benefit department on Schedule B timing will be required
- Preparation of Form 8955-SSA will be necessary
- Trust and asset reconciliation
- Filing of extensions
- Prepare PBGC Filings annually and as needed for plan terminations and amendments/corrections
- Respond to auditors by providing timely and detailed information
- Skills needed
- Strong communication skills
- Will need to communicate with clients, internal colleagues, and PBGC/IRS contacts as needed
- Ability to handle multiple projects at different pace
- Attention to detail
- Time management and adherence to strict deadlines
Experience Required
- Bachelor’s degree or relevant work experience
- 5 years of experience in compliance and administration; specific 5500 experience is required
- FT Williams experience is preferred
- Advanced knowledge of Microsoft office products
At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for retirement, education, and healthcare through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity—housed within our Core Values: People Matter. Quality First. Integrity Always.®
As a leading independent recordkeeping services partner, retirement plan third-party administrator, and government savings facilitator, we aim to hire associates who find pride in going to work every day knowing that they help more than 12 million people save for what matters.
Salary : $1 - $1,000,000
