Note: The job is a remote job and is open to candidates in USA. G&A Partners is a Houston-based professional services firm that provides HR solutions and technology. They are currently seeking a Retirement Plan Consultant to administer Multiple Employer 401k Plans, advise clients and participants, and ensure compliance with regulatory requirements.
Responsibilities
- Administers 401(k) new plan set ups for multiple employers and ensures compliance with applicable laws
- Conducts meetings with clients to discuss and implement the steps involving the transitioning of 401(k) plans
- Conduct individual and group presentations, in person or via video technology, to enhance awareness of plan features and to grow plan assets. Presentations include enrollment meetings, age-based financial education meetings, and basic and advanced financial literacy meetings as requested by the plan sponsor or determined by the applicable communication and education plan
- Actively participates in benefit fair and new employee orientations
- Participates in the plan review and financial education planning process
- Assists Management with targeted education campaigns to increase participation and deferral rates
- Meets with participants and eligible employees to educate employees regarding plan participation
- Discusses strategies for enrollment meetings, schedules, and conducts meetings accordingly either onsite or via online training
- Ensures 401(k) enrollment materials are distributed to eligible employees timely
- Sets up plan information with third party vendor(s) and in the appropriate benefits systems
- Reviews documentation for accuracy and completeness and secures any missing information
- Sets up employee plans and plan elections in the payroll system
- Ensures employee 401(k) records are kept up to date for new enrollments, new loans, paid off loans, and deferral changes in all applicable benefits systems and third-party vendors
- Administers 401(k) catch up and true up contributions and associated employer contributions and communicates with the accounting department to ensure proper invoicing to clients for true up amount
- Administers mass transactional activities to 401(k) plans to include, but not limited to, transfer of assets from prior carrier, annual plan maintenance activities, enrollments, and bonus payroll runs
- Interfaces with third party vendor(s), as well as with other departments internally within the company and externally with the clients regarding the administration of the plans
- Assists auditors annually in the preparation of Form 5500 filings
- Prepares reports of 401(k) employer match projections
- Travel may be required for new plan enrollments as needed. Must be able to travel 25% or more during peak times of the year
- Performs all assigned job duties in accordance with Company policies, procedures, and standard practices
- Attends departmental and company meetings, as required
- Perform other duties as assigned
Skills
- Bachelor's Degree in Business Administration or 5 years' experience in the defined contribution industry
- Experience in plan design, compliance, and ADP/ACP/Top Heavy Testing
- Proficient in Microsoft Word, PowerPoint, and Excel
- ASPPA, ERPA, or other Retirement Plan licensures are a plus, but not required
Benefits
- Health benefits
- 401(k)
- Recognition awards
- Bonuses
- Opportunity to work for a highly respected and award-winning company
- Health
- Dental
- Vision
- Life insurance
- Short-term and long-term disability
- Flexible spending
- Ancillary benefits
- Retirement savings plan
- Paid holidays
- Paid time off (PTO)
Company Overview