ERISA Document Consultant

Ascensus • Philadelphia, PA

14d

About The Position

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow. Section 1: Position Summary The ERISA Analyst serves as a subject matter expert providing retirement plan consulting, plan document review and analysis, plan document drafting and customization, technical analysis, and special projects as assigned.

Requirements

• Bachelor's degree in business, finance, accounting, or a related field.
• 3 years of Ascensus experience or 5 years industry experience.
• Consistently display and model the Ascensus core values: People Matter. Quality First. Integrity Always.
• Demonstrate advanced Microsoft Office skills, specifically Outlook, Word, Excel, Power Point, Teams, and Lists.
• Demonstrate excellent client service, excellent interpersonal skills, professional demeanor and positive attitude.
• Demonstrate strong organizational and time management skills.
• Accomplish detail-oriented tasks within given timeframes and standards.
• Ability to effectively prioritize and complete multiple tasks timely.
• Demonstrate excellent analytical and problem-solving skills.
• Demonstrate sound business judgment and risk-taking skills, strong written and oral communication skills.

Nice To Haves

• ASPPA QKA preferred
• Experience working with the Ascensus, Relius and Ft. William's retirement plan documents preferred.

Responsibilities

• ERISA Consulting - Provide consulting services to internal teams, plan sponsors, and financial advisors on complex technical matters, including but not limited to plan design strategies, plan mergers, and regulatory compliance.
• Demonstrate basic knowledge of the retirement industry including the applicable regulatory agencies (e.g., DOL, IRS).
• Stay up to date with general legislative, statutory and regulatory guidance, and be able to complete basic technical research.
• Plan Document Review & Analysis - Conduct thorough reviews of individually designed plans and other complex retirement plans to assist with the sale, onboarding, and on-going system configuration of plans.
• Translate and map non-Ascensus plan documents to the Ascensus document.
• Perform full plan comparison and protected benefit reviews for plans that are merging.
• Document Drafting & Customization - Support onboarding and amendment processes for 403(b) plans and customized 401(k) and 403(b) plan documents.
• Prepare customized 401(k) and 403(b) employer-level plan documents using the Ascensus Plan Adoption System (PAS).
• Propose customized language to meet client specific plan design needs and remain compliant with current regulations.
• Special Projects (IT, project management) - Provide support for special projects such as, IRS restatements and onboarding acquired blocks of plans.
• Continuing Education - Enhance technical and industry knowledge by attending continuing education classes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees