Retirement Plan Operations Specialist
About The Position
Guidant Financial is hiring a fully remote Retirement Plan Operations Specialist to support entrepreneurs and small businesses with 401(k) plan administration. The position provides accelerated learning, in-depth training, and practical experience in administering, testing, and reporting on retirement plans. The specialist begins with document review and progresses to administering basic plans. The role involves obtaining and reviewing client information, reconciling certain plans, using administration and filing software for 401(k) testing and reporting, and preparing government filings such as the annual IRS Form 5500. The specialist also keeps clients informed, explains plan documents and reporting requirements, and helps clients understand the information needed for year-end filings. The role is fully remote and is currently recruiting in AZ, FL, GA, ID, KS, LA, MI, MN, NC, NE, TX, UT, VA, MO, and OK. The stated wage 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 using Microsoft Excel, Word, and Outlook.
- Meet minimum work-from-home requirements for effectively performing responsibilities in a remote environment.
Nice To Haves
- Direct retirement-plan operations experience, including 401(k) or IRA administration, recordkeeping, distributions and rollovers, compliance testing, or 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 information needed to prepare annual reporting.
- Review client-submitted documents for completeness and accuracy.
- Reconcile plans consisting only of 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) 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.
- Receive training on concepts for a Retirement Plan Administrator I.
- Perform other duties as required.
Benefits
- Ongoing training, career development opportunities, and supportive leaders.
- Comprehensive health coverage, including a free premium option.
- Paid parental leave.
- 401(k) match.
- Three weeks of paid time off.
- 11 paid holidays.
- Flexible work arrangements and freedom to structure work.
- Necessary work equipment provided.
- Inclusive work environment that values employee voices and participation.
- The company is working toward becoming an ESOP company.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
