Retirement Plan Operations Specialist
About The Position
Guidant Financial is hiring a fully remote Retirement Plan Operations Specialist to help administer, test, and report on 401(k) plans. Through training and practical experience, the specialist will progress from reviewing client documents to administering basic plans. The role involves gathering information from clients, reviewing documents, reconciling certain plans, completing 401(k) testing and reporting, preparing government filings such as the annual IRS Form 5500, and explaining plan administration and reporting documents to clients. The position is recruiting in select U.S. states: AZ, FL, GA, ID, KS, LA, MI, MN, NC, NE, TX, UT, VA, MO, and OK. Compensation is $23.55 per hour, equivalent to an annual salary of $49,000.
Requirements
- Experience with document review and transaction processing as daily job responsibilities.
- 1 to 5 years of adjacent back-office financial operations experience in one or more of these areas: benefits administration, money movement and wires, insurance claims processing, tax preparation processing, loan or mortgage document processing, or compliance or quality-control support.
- Proficiency with Microsoft Excel, Word, and Outlook.
- Meet minimum work-from-home requirements for an effective remote work environment.
Nice To Haves
- Direct retirement-plan operations experience, including 401(k) or IRA administration, recordkeeping, distributions and rollovers, compliance testing, or Form 5500 or year-end reporting.
- Experience with reconciliation as a daily job responsibility.
- An associate’s or bachelor’s degree in a related field such as business or finance, or equivalent work experience.
- Basic knowledge of 401(k) plan structure, ROBS, and IRS/DOL regulations.
- A designated workspace, such as a home office, where the employee can concentrate and be productive.
- Reliable high-speed internet.
Responsibilities
- Work with clients to obtain the information needed to prepare annual reporting.
- Review client-submitted documents for completeness and accuracy.
- Reconcile plans involving only rollovers and plan stock using Excel and administration software.
- Use administration software to complete 401(k) testing and reporting.
- Make reminder calls and send emails to clients during the plan-year reporting process.
- Prepare required 401(k) plan government filings, including IRS Form 5500, using filing software.
- Educate clients about 401(k) plan administration and plan documents.
- Share knowledge and explain complex topics simply.
- Train on concepts for a Retirement Plan Administrator I.
- Perform other duties as required.
Benefits
- Ownership-oriented culture and work toward becoming an ESOP company.
- Ongoing training, career development opportunities, and supportive leaders.
- Comprehensive health coverage, including a free premium option.
- Paid parental leave.
- Generous 401(k) match.
- Three weeks of paid time off.
- Eleven paid holidays.
- Flexible work arrangements and necessary work equipment.
- Inclusive work environment that values employee voices and participation.
- Opportunities to connect with senior leaders and participate in company sporting events.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
