Defined Benefit/Defined Contribution Administrator

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