Retirement Plan Consultant

Pinnacle Plan Design is growing! You'll find we offer a great work environment, challenging career development, and the chance to work with some of the best and brightest. We are all about our people. Take a look around, you'll see our employees agree!

Essential Duties

• Preparation and review of annual reporting and use of judgement required on qualified defined contribution and/or defined benefit plans including:
• Review and Interpret the plan document specifications and apply to the employee/participant;
• Prepare and review optimum contribution allocation;
• Review Reconciled trust accounts to plan accounts;
• Perform and Review non-discrimination testing (combined plan where applicable);
• Calculate minimum required contribution, maximum deductible and recommended contribution for the DB plan;
• Calculate maximum benefits (415(b)) as needed;
• Prepare IRS Forms 5558, 5330, and 5500 (including Schedule SB) and, from time to time, Forms 5307 and 5310;
• Prepare PBGC Forms;
• Calculate required minimum distributions;
• Prepare excel testing and contribution file for comparison to pension software file output;
• Identify highly compensated and key employees and assure minimum allocations to non-highly compensated and non-key employees are met;
• Review distribution and loan disclosures and paperwork based upon plan provisions;
• Prepare and Review Plan Termination submission as applicable (i.e., PBGC, IRS);
• Review draft amendments and plan documents;
• Prepare response to government agencies as need for review by Senior Manager/Partner;
• Utilize and maintain database fields tracking plan provisions, contact info, receipt of client data, and updated client information;
• Communicate with client, accountant, attorney and investment advisor on plan related issues. Develop relationships with clients to establish long-term working relationships;
• Track data received and not received and follow up with related parties to receive data. Maintain responsibility of client caseload management;
• Review of participant disclosures and notifications;
• Identify potential plan redesign opportunities, potential prohibited transactions;
• Train other staff, as needed;
• Act as a mentor to other team members, as needed;
• Review and make decisions on client invoicing and proposal work;
• Review the work of others, as needed;
• Other duties as assigned.

Knowledge, Skills and Abilities

• Knowledge of IRS/ERISA regulations and funding methods;
• Proficient in using Microsoft Office products and other technology to complete tasks. DATAIR experience helpful
• Professional designation (such as ASPPA QKA, NIPA APA, EA, etc);
• Demonstrated ability to determine benefits and benefit limitations, determine required funding, prepare actuarial valuations and perform non-discrimination testing (with heavy emphasis on combined plan testing);
• Demonstrated ability to multi-task, meet deadlines, and work in a fast-paced environment to create high-quality products and solutions to be reviewed by Senior Managers/Actuaries/Owners;
• Demonstrated technical knowledge and interpersonal communication skills needed to effectively and diplomatically review others' work;
• Demonstrated ability and willingness to take full responsibility for assigned client plans, completing work in a timely manner, communicating with clients, collaborating with colleagues, and proactively resolving issues;
• Demonstrated ability to analyze situations and attend to detail to ensure quality

Education and Experience Requirement

• A High School Diploma or GED required; Bachelor's degree strongly preferred;
• Professional designation (such as ASPPA, NIPA) required (for example, QKA, QPA, APA, EA, ERPA, CPC);
• Minimum 8 years' experience in third party administration
• Defined contribution plan administration
  • and/or
• Defined benefit plan administration