Pension Plan Consultant

Rea

11d

About The Position

Rea is a growing Top 100 business advisory & accounting firm providing our clients services in tax, accounting, and business consulting. We have a ‘People First’ culture and we focus on our employees’ well-being and professional development. With over 400 professionals and locations throughout Ohio and Florida, our firm has a culture that respects a work-life balance for our team. We also provide competitive compensation and a robust benefits plan. The Pension Plan Consultant serves as a resource for matters related to ERISA compliance, plan design and governmental reporting. This person is the single point of contact for employer, financial profession and plan sponsor for their accounts, A Plan Consultant serves as the retirement Plan expert on testing, 5500, loans and distributions and understands plan design and can assist on plan operation and document updates.

Requirements

Bachelors in Accounting or equivalent required
Experience in the use of various assurance applications and research tools
Qualified retirement plan credential required (ASPPA)
Team-Oriented
Accounting and asset reconciliation skills
Excellent verbal and written communication skills
Detail-oriented
Excellent problem solving skills
Time Management skills and ability to work independently
Ability to successfully handle multiple tasks
Ability to manage client relationships

Responsibilities

Act as a mentor to Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations, as applicable.
Assist clients in meeting all IRD and Department of Labor deadlines necessary for qualified retirement plan
Assist clients with Service and IRD Plan terminations
Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
Complete/assist with payroll processing as required by the products assigned
Responsible for all aspects of valuation reports, participant statements and annual testing
Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 401(b), 415, 401(a)(4), deductibility, and 402(g)
Work with assigned coordinator(s) to provide compliant and accurate valuation reports, participant statements, trust accounting, annual testing and reporting as applicable
Review distribution paperwork and coordinate processing of distributions with asset holder
Review loan paperwork and coordinate processing of loans with asset holder
Review or prepares Form 5500 and coordinate with plan sponsor to help ensure timely filing
Assist auditors if a plan is subject to an audit
Assist IRD and DOL auditors, if the plan is subject to an IRS or DOL audit
Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients (including but not limited to actuaries, financial advisors, attorneys)
Assist with other tasks and projects as assigned