Note: The job is a remote job and is open to candidates in USA. Human Interest is a high-growth fintech company focused on making retirement benefits accessible to employees of small and medium-sized businesses. The Compliance Administrator will support clients’ 401(k) plans through compliance testing, IRS form preparation, plan document reviews and amendments, and consultation on plan design while collaborating with cross-functional teams and assisting with compliance-related issues.
Responsibilities
- Prepare and review compliance testing results (including ADP/ACP, Deductibility, Top Heavy, 401(a)(4), 402(g), 410(b), and 415)
- Review and interpret plan documents to determine plan provisions, acting as a consultant to clients on recommended plan designs to meet their needs
- Prepare plan document amendments and notices
- Review QDROs
- Calculate annual contributions, including new comparability
- Review, prepare, and ensure timely filing of Forms 5500, 5330, and 8955-SSA
- Assist Relationship Managers with questions, problem-solving, and resolution regarding Compliance issues
- Assist auditors as needed
- Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law
Skills
- 4+ years of progressive retirement plan experience, including at least 1 year of experience with compliance testing, annual IRS reporting requirements, and a comprehensive understanding of plan documents and Form 5500 Filings
- Knowledge of ERISA and IRS regulations
- Ability to research solutions and interpret technical literature
- Excellent spreadsheet knowledge, mathematical aptitude, and problem solving abilities
- Strong communication and partnership skills and the ability to explain complex issues to all levels within an organization
- Self-starter and passionate about suggesting and implementing process improvements
- Ability to work towards Industry designation within first 12 months (ASPPA, NIPA, etc.)
Benefits
- A great 401(k) plan: Our own! Our 401(k) includes a dollar-for-dollar employer match up to 4% of compensation (immediately vested) and $0 plan fees
- Top-of-the-line health plans, as well as dental and vision insurance
- Competitive time off and parental leave
- Addition Wealth: Unlimited access to digital tools, financial professionals, and a knowledge center to help you understand your equity and support your financial wellness
- Lyra: Enhanced Mental Health Support for Employees and dependents
- Carrot: Fertility healthcare and family forming benefits
- Candidly: Student loan resource to help you and your family plan, borrow, and repay student debt
- Monthly work-from-home stipend; quarterly lifestyle stipend
- Engaging team-building experiences, ranging from virtual social events to team offsites, promoting collaboration and camaraderie.
Company Overview