Defined Benefit/Defined Contribution Administrator

Posted 20 Days Ago
Be an Early Applicant
Chicago, IL
Mid level
Fintech • Payments • Financial Services
The Role
As a Defined Benefit/Defined Contribution Administrator, you will manage a caseload of 80-100 retirement plans, perform compliance testing, prepare PBGC filings, and maintain strong client communication while keeping up-to-date with regulatory changes.
Summary Generated by Built In

Who we are:

Strongpoint Partners is an Inc. 5000 recognized fast-growing, tech-enabled retirement services platform serving small- to mid-sized businesses with integrated retirement third party administration, recordkeeping, payroll, and HR solutions. Strongpoint’s suite of services prioritizes accuracy, compliance, and reduction of regulatory risk for its clients, delivered by local client success teams that understand the nuances of the markets they serve. With a coast-to-coast network of leading firms including HowardSimon, Jocelyn Pension Consulting, Retirement Strategies Group, Retirement Planners and Administrators, Pension Financial Services, Pollard & Associates, Carlson Quinn, SI GROUP, Retirement Planning Consulting Group, Karel-Gordon & Associates, Cash Balance Actuaries, and Pension Consultants Inc, Strongpoint Partners combines a relentless passion for service and innovation with the experience and expertise required to make retirement work for everyone. 

Karel-Gordon & Associates (KGA), a Strongpoint Partner, is looking for a new team member to join us as an experienced Retirement Combo Plan Administrator. KGA is a well-established actuarial, consulting and retirement plan administration firm located in Deerfield, IL and have been in business for almost 50 years.

What you'll do:

  • Ability to perform A-Z administration and to independently manage a caseload of approximately 80-100 401(k) / Cash Balance plans of (exclusive of 401(k) loan & distribution processing & plan documents/amendments). 
  • Understand and interpret elements of Defined Benefit / Cash Balance Plan actuarial valuation & be able to communicate issues to in-house actuaries and clients
  • Prepare and facilitate PBGC filings for covered Defined Benefit Plans
  • Maintain industry knowledge and share information with client and team members
  • Keep up to date with changing 401(k) & Defined Benefit Plan legislative requirements
  • Read and interpret legal plan documents and amendments
  • Discuss plan design changes and options with clients
  • Review and import census data and reconcile participant account data, including “receivable” contributions
  • Prepare 401(k) valuations/trust accounting/government reporting on an accrual basis.
  • Perform and understand ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) combo non-discrimination testing
  • Coordinate year-end valuation and government reporting, including asset reconciliation/Trust Accounting for plans maintained on recordkeeping platforms

Who you are:

  • 3+ years of retirement plan experience, but would consider less experience from the right motivated individual
  • Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing
  • Knowledge of Defined Benefit / Cash Balance actuarial valuation reports & PBGC filing requirements
  •  Knowledge of advanced cross-testing concepts and ability to perform testing to determine the most cost-effective solutions to meet nondiscrimination requirements
  • Experience with Datair is strongly preferred
  • Ability to perform accrual-based trust accounting for Form 5500 purposes
  • Familiarity with cross-testing concepts
  • Familiarity with accrual based trust accounting for Form 5500 purposes
  • Proficiency in MS Office, including Word, Excel, Outlook
  • Ability to utilize and keep current CRM software
  • Organized individual able to set priorities, meet deadlines, and be detail-oriented
  • Exceptional approach to client service focusing on communications, timely solutions, and client needs
  • Team player, collaborative, able to work with and through others
  • Strong verbal and written communication skills internally and externally
  • Ability to work well under pressure with multiple priorities and deadlines
  • Excellent analytical and problem-solving skills; strong math and/or accounting skills
  • Ability to act with integrity, be proactive with client needs, seek to continuously improve service, constantly focus on professional growth and work collaboratively with the entire team

Preferred Qualifications:

  • ASPPA and/or NIPA credentials preferred, or willingness to work towards credentials

Our Value-Driven Employee Experience:

  • Flexible Workplace
  • Competitive PTO
  • Inclusive Environment
  • Development Opportunities
  • Comprehensive Benefits
  • Workplace Perks




Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chicago, Illnois
116 Employees
On-site Workplace

What We Do

Strongpoint Partners is a fast-growing, tech-enabled financial services platform that provides third-party retirement administration (“TPA”), recordkeeping, and integrated payroll and HR technology solutions for small-and-medium businesses. Strongpoint’s suite of services prioritizes accuracy, compliance, and reduction of regulatory risk, all delivered by local customer success teams that understand the nuances of the markets they serve. Made up of a coast-to-coast network of leading retirement strategy and administration firms including HowardSimon, Jocelyn Pension Consulting, Retirement Strategies Group (“RSG”), and Retirement Planners and Administrators (“RPA”), Strongpoint Partners combines a relentless passion for service and innovation with the experience and expertise required to make retirement work for everyone. For more information, please visit: www.strongpointpartners.com

Similar Jobs

Wipfli Logo Wipfli

Senior Accountant - Outsourced Accounting Services

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote
Hybrid
Naperville, IL, USA
3300 Employees
66K-109K Annually

Wipfli Logo Wipfli

Senior Manager/Director, Tax - High Net Worth

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote
Hybrid
Chicago, IL, USA
3300 Employees
125K-230K Annually

Wipfli Logo Wipfli

Tribal Senior Accountant - Audit

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote
Hybrid
Naperville, IL, USA
3300 Employees
80K-109K Annually

Wipfli Logo Wipfli

Senior Audit Accountant - Construction And Real Estate

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote
Hybrid
Naperville, IL, USA
3300 Employees

Similar Companies Hiring

Bectran, Inc Thumbnail
Software • Machine Learning • Information Technology • Fintech • Automation • Artificial Intelligence
Schaumburg, IL
51 Employees
Energy CX Thumbnail
Utilities • Professional Services • Greentech • Financial Services • Energy • Consulting • Business Intelligence
Chicago, IL
55 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account