Who we are:
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 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, and Retirement Planning Consulting Group, Strongpoint Partners combines a relentless passion for service and innovation with the experience and expertiserequired to make retirement work for everyone.
Strongpoint has been recognized among the Inc. 5000 list of America’s fastest-growing private companies in 2024!Karel-Gordon & Associates (KGA), a Strongpoint Partners, 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 clients 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
