Specialist, DC Compliance & Documentation

Charles Schwab Inc.•Indianapolis, IN

3d•$53,000 - $74,000•Onsite

About The Position

Schwab Retirement Plan Services provides third-party recordkeeping and retirement plan administration to employers nationwide. The company helps plan sponsors operate retirement plans in accordance with the Internal Revenue Code, ERISA, IRS and DOL regulations, and plan provisions. The ERISA Compliance team prepares required nondiscrimination and other plan testing, Form 5500s, employer contribution allocations, and specialized testing, and works with Client Services on complex client issues and external auditor requests. The Specialist is responsible for required annual testing and contribution allocations for medium-complexity plans, preparing Form 5500s, and supporting external auditor requests. The role involves direct contact with plan sponsors and their external auditors, as well as additional departmental project work. The position is intended to be performed on site in Richfield, Ohio and/or Austin, Texas.

Requirements

Strong commitment to the highest level of client service.
Strong problem-solving skills.
Ability to meet stringent deadlines.
Excellent verbal and written communication skills.
Knowledge and experience with Microsoft Excel.

Nice To Haves

Accounting, finance, or mathematics background.
Direct experience in the qualified retirement plan industry.
Two or more years of experience providing ERISA compliance testing and reporting services.
Knowledge of IRS and DOL codes and regulations for 401(k) plans.
Experience with the ASC testing system.
ASPPA QKA designation.

Responsibilities

Perform ADP/ACP and other required annual plan testing for medium-complexity plans.
Prepare contribution allocations for medium-complexity plans.
Prepare Form 5500 filings.
Support external auditor requests.
Work directly with plan sponsors and their external auditors.
Carry out additional departmental project responsibilities.