Ascensus

Senior Plan Compliance Specialist

Ascensus$80K — $95K *
US-AnywhereRemote in United States
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • College degree or relevant work experience required
  • QKA (Qualified 401(k) Administrator) designation preferred
  • 10+ years of Retirement or Pension experience preferred
  • Proficiency in Relius Administration, FTWilliams, CRM, Access, Excel, Word, Adobe, and Relius Documents
  • Strong problem solving and analytical skills with expert knowledge of ERISA, IRS, and DOL regulations.

Responsibilities

  • Perform quality review of nondiscrimination testing and compliance tasks
  • Provide ERISA technical guidance and feedback to compliance team
  • Review QDROs for accuracy and determine awards to alternate payees
  • Analyze death distributions to confirm beneficiaries and payout periods
  • Update compliance materials and client-facing documents according to regulatory changes.
  • Address escalated technical issues through effective resolution strategies
  • Support plan design for onboarding clients and participate in compliance-related projects.

Benefits

  • 401(k) match
  • Medical, Dental, and Vision insurance
  • Paid Time Off (PTO)
  • Access to specialized career growth resources.
  • Work-life balance support through flexibility in remote work setup.
Full Job Description
This position specializes in the compliance of ERISA qualified retirement plans. Primary responsibilities are to assist with plan compliance and quality control.

Duties/Responsibilities:
• Ability to perform or quality review nondiscrimination testing and other compliance related tasks completed by plan compliance team members.
• Participate in staff development of plan compliance team by providing ERISA technical guidance and quality review feedback.
• Expert understanding of qualified plan retirement plan contributions (including New Comparability).
• Perform QDRO reviews for accuracy and completeness and determine the award to alternate payee.
• Review death distributions to determine beneficiary and payout period.
• Update compliance materials, participant forms, letters and distribution packages for law changes/disclosures within recordkeeping software and web access by client.
• Effectively execute resolution to escalated technical issues from clients and/or internal staff.
• Identify and utilize internal and external resources for compliance resolution.
• Provide plan design support for existing and on boarding clients.
• Participate in compliance related projects and other duties as assigned.
• Maintain an expert level knowledge of qualified plan regulations.
• Possess a strong understanding of department processes, procedures and standards

Required Skills/Abilities:
• College degree or relevant work experience required
• QKA (Qualified 401 (k) Administrator) designation preferred
• 1O+ years of Retirement or Pension experience preferred
• Ability to operate the following:
o PC, calculator, copy/scan/fax machine, telephone
• Ability to work with the following software:
o Relius Administration, FTWilliams, CRM, Access, Excel, Word, Adobe, Relius Documents
• Ability to read and interpret plan documents.
• Possess the following skills:
o Ability to work both independently and in a team environment.
o Ability to meet regulatory deadlines as well as team and personal goals.
o Strong problem solving and analytical skills.
o Ability to handle multiple projects and prioritize workload.
o Excellent communication skills, both written and verbal.
o Able to react to change productively.
o Expert knowledge of ERISA, IRS, and DOL regulations

The national average salary is $80,000 - $95,000, exclusive of any bonuses and benefits.This salary range represents the low and high end for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits.

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from [redacted].com or [redacted].com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying. No associate is permitted to work at a location outside the United States for any length of time, except for approved business travel on a limited basis. Exempt Associates traveling outside the United States on personal travel or while on PTO may work on a limited basis (e.g., occasionally checking and responding to business-critical emails or dialing into business-critical meetings) from their personal devices but not from a company-provided computer.

About Ascensus

Ascensus is a financial services company that provides retirement, health, and education savings plans to individuals and businesses. The company was founded in 1980 and is headquartered in Dresher, Pennsylvania. Ascensus has over 4,000 employees and serves more than 12 million customers nationwide. The company offers a wide range of retirement plan solutions, including 401(k), 403(b), and IRA plans. Ascensus is committed to helping its customers save for retirement and achieve their financial goals. The company has received several awards for its excellent customer service and innovative products.
Learn more about Ascensus
Size
4,000 employees
Industry
Founded
1980

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