Retirement Plan Third Party Administrator

GBQ Holdings • Columbus, OH

2d

About The Position

The Siekmann Company is a Retirement and Benefits consulting firm located in Columbus, Ohio. Our primary focus is to work with small and mid-size businesses to provide retirement plan and employee benefit solutions utilizing innovative technology to help employees and employers experience success in offering these programs. We are looking for an experienced individual to help manage and support our retirement team practice. This person works well with others, is accountable, honest, detail oriented, and eager to achieve success. The ideal candidate is a self-motivated and a well-organized individual who has a deep understanding of service and developing strong relationships with clients. Knowledge and experience in the retirement or 401(k) industry or related industry required. Flexible work environment with opportunities for career growth. Job Summary: The TPA is responsible for the day-to-day administration of retirement plans such as 401(k) and profit-sharing plans. This role ensures plans remain compliant with federal regulations, prepares plan documents, analyzes census data, calculates employer contributions, completes compliance testing, prepares required filings, problem solves and serves as a liaison between plan sponsors, recordkeepers, and financial advisors.

Requirements

• Bachelor's degree or equivalent experience preferred.
• 3 years of retirement industry or related industry (accounting, human resources, or financial) experience required.
• Excellent written and verbal communication skills.
• Must be detail-oriented, analytical, and organized
• Proficient in MS Office applications, such as Word, Excel, PowerPoint, etc.
• Experience reconciling financial statements and identifying discrepancies preferred
• Must be legally eligible to work in the country in which you are hired.

Responsibilities

• Represent our brand and company according to our values and ethics
• Treat clients, coworkers, and business partners with respect and courtesy at all times
• Support and manage a portfolio of retirement plans (401(k), Profit Sharing, Cash Balance) to ensure execution of administrative actions, Plan compliance requirements and government reporting.
• Support administration team to perform annual financial valuations, nondiscrimination testing (Coverage Testing, ADP/ACP, Top-Heavy), and necessary tax filings such as IRS Form 5500s.
• Review plan contributions, financials and perform year end reconciliation of plan contributions.
• Coordinate plan design and setup requirements including drafting and amending plan documents during plan conversions, terminations, and mergers.
• Prepare and distribute required annual notices and disclosures.
• Serve as the primary point of contact for plan sponsor, advisor, and custodian inquiries.
• Provide technical guidance on plan design and regulatory updates.
• Coordinate with CPAs, investment advisors, Plan Auditors, recordkeepers and legal counsel

Benefits

• 401(k) with Company Match
• Medical, Dental, Vision, Life and Disability Benefits
• Flexible hours and working environment
• Paid Holidays and PTO

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level