Retirement Plan Operations Specialist

Guidant Financial • Rochester, MN

7d • Remote

About The Position

Guidant Financial is hiring a fully remote Retirement Plan Operations Specialist to begin learning the process of administering, testing, and reporting on 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 helping clients understand year-end reporting documents needed for government filings, including the annual Form 5500, and keeping clients informed about progress. The position is open to applicants in AZ, FL, GA, ID, KS, LA, MI, MN, NC, NE, TX, UT, VA, MO, and OK. The wage is $23.55 per hour, equivalent to an annual salary of $49,000.

Requirements

• Experience reviewing documents and processing transactions 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.

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 for communication and collaboration.

Responsibilities

• Work with clients to obtain information needed to prepare annual reporting.
• Review documents submitted by clients for completeness and accuracy.
• Reconcile plans that contain only rollovers and plan stock using Excel and administration software.
• Use administration software to complete 401(k) testing and reporting.
• Make outgoing 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 administering their 401(k) plans 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

• 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 from a home office, with necessary equipment provided.
• Inclusive work environment that values employee voices, encourages participation, and provides support.
• The company is working toward becoming an ESOP company, reinforcing shared accountability and long-term success.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed