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Retirement Plan Administration Associate

$64,000-87,000/year

Boulay

Eden Prairie, MN, USA

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Description

We are currently seeking a talented and enthusiastic individual to join our Retirement Plan Administration team. The Retirement Plan Administration Associate is responsible for managing all aspects of compliance systems data maintenance to support transaction processing, compliance testing, and reporting. Tasks are conducted under limited direct supervision but under the review of department leaders. This position may also involve working cross-departmentally with other Boulay Departments to effectively accomplish projects and tasks As a graduate, you will have hands-on client responsibility from the start. You will be given the support you need to develop a breadth of skills and experiences that will enable you to achieve your goals. We offer you the opportunity to grow professionally with diverse projects, in-house training programs, professional seminars, direct Partner mentorship and career advancement. We want to help you build a career fit for your life. If you are looking for a unique opportunity to continue advancing professionally, bring a fresh perspective, and ensure a balance between personal and professional ambitions, Boulay may be the right fit for you. Responsibilities: Plan Administration Support  Analyze plan documents to determine terms, responsibilities, and duties associated with service provided for the plan  Ensure system specifications reflect written plan documents  Manage benefit plan records and information for clients  Analyze and process census information   Reconcile and update participant data  Review selected incoming distribution documentation paperwork for completeness and accuracy  Assist in calculating and processing transactions, distributions, and loan requests  Manage trust statements and perform trust accounting  Prepare Forms 5500 and compile reports  Assist in the evaluation of takeover plans and coordinate related transition of data  Assist with managing deadlines, correspondence, data collection, and retirement plan compliance for clients  Remain actively involved in departmental development of processes and procedures.  Compliance System Data Management  Serve as a centralized data management resource for all our internal and external contacts   Maintain contact management systems data, plan sponsor and participant web access   Manage data links with partner financial institutions  Requirements Required: Associate Degree, Bachelor’s Degree, or equivalent employment experience  0-2 years of experience Strong comfort level with technology and learning new programs  Ability to handle sensitive information and maintain confidentiality  Strong reading comprehension with complex material  Strong analytical and mathematical skills   Preferred:   Previous experience in a similar role   Experience with Relius software is preferred  Benefits Boulay Offers Boulay Buddy Program Primary Advisor Paid Holidays, PTO & Personal time  Mentorship Programs Training & Development Programs Open Doors at All Levels Extensive Benefit Offerings  Employee Appreciation Activities Boulay is committed to attracting and developing highly talented professionals while providing a premier and inclusive candidate experience. Our Talent Acquisition Team strives to source and recruit diverse talent with an entrepreneurial mindset who will help contribute to the Firm's continued success. If you require any accommodation for an interview/event, please contact Maria Ploen at mploen@boulaygroup.com. The annual salary range for this position is: $64,000 - $87,000. This salary range reflects the anticipated responsibilities and qualifications of a successful candidate for this role. Final compensation may vary depending on an individual’s experience, knowledge, and skills. Individuals may be eligible for additional compensation in the form of incentives, commissions, profit sharing, and more, depending on the role. Boulay offers a wide range of benefits such as medical, dental, vision, 401k, flexible schedules, hybrid (or remote, as applicable) work environment, paid time away, and more. Click here to view a complete list of benefits and advantages of working at Boulay. 

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Location
Eden Prairie, MN, USA
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workable

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