Retirement Plan Operations Specialist

Guidant Financial•Bloomington, MN

7d•Remote

About The Position

Guidant Financial is hiring a fully remote Retirement Plan Operations Specialist to learn and support the administration, testing, and reporting of 401(k) plans. Through accelerated learning, in-depth training, and practical experience, the specialist will progress from reviewing documents to administering basic plans. The role involves working with clients to collect information, reviewing documents, keeping clients informed, and helping them understand year-end reporting documents required for government filings, including the annual Form 5500. 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. The stated wage is $23.55 per hour, equivalent to an annual salary of $49,000. The company provides ongoing training, career development opportunities, and the equipment needed to work from home.

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 working effectively in a remote environment.
Reliable high-speed internet is preferred.
A designated workspace, such as a home office, is preferred.

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.
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 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.