What are the responsibilities and job description for the 401(k) Administrator position at Wells Thomas LLC?
We are a TPA firm with locations in Branford and West Hartford. The position requires working closely with clients, team members and outside vendors. Communication skills and technical knowledge are vital.
Responsibilities:
· Administration of Defined Contribution plans (including 401(k), 403(b), Profit Sharing and Davis Bacon) of various sizes
· Consulting with business owners, human resource professionals and their outside advisors regarding all aspects of retirement plan
· Read and interpret plan documents and IRS/DOL regulations, and have the ability to identify and correct any compliance issues
· Read/prepare asset reports for both daily valuation and balance forward plans
· Fulfill IRS/DOL requirements for filing tax forms and various plan/participant disclosures
· Potential for work in a 3(16) capacity
Qualifications:
· 3 or more years’ experience in a retirement plan administration position
· Knowledge of plan compliance issues, ability to perform and understand testing & corrections
· Detail oriented with excellent written and verbal communication skills
· College degree with continuing education in the retirement plan field preferred
· Excellent time management skills and the ability to work under pressure in a busy environment
· 3(16) experience a plus
· ASPPA, NIPA or ERPA designations highly desirable
Compensation and benefits package is competitive and will be reflective of candidate’s qualifications. Willing to train the right candidate with a related background or degree and the right attitude.
Job Type: Full-time
Pay: $50,000.00 - $90,000.00 per year
Benefits:
- 401(k)
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
Schedule:
- Monday to Friday
COVID-19 considerations:
Well spaced work environment, temperature taking, mask wearing for unvaccinated employees. Remote work available.
Education:
- Associate (Preferred)
Experience:
- Retirement Plan: 3 years (Preferred)
Work Location:
- Multiple locations
Work Remotely:
- Yes