HubSpot

Senior Retirement Plan Administrator

HubSpot • $80K — $85K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 2+ years in retirement plan administration or related field
  • Knowledge of various plan types and their specific eligibility rules
  • Proficiency in testing and compliance regulations like ADP/ACP
  • Familiarity with ERISA, IRS, and DOL regulations
  • Experience with recordkeeping platforms
  • Strong organizational skills to manage multiple tasks
  • Basic to intermediate skills in Relius Administration and Government Forms

Responsibilities

  • Manage annual administration for 120-150 retirement plans
  • Handle 401(k), Profit Sharing, Defined Benefit, and Cash Balance Plans
  • Perform calculations for eligibility, contributions, and compliance testing
  • Process distribution calculations with recordkeepers
  • Prepare and file Form 5500
  • Draft amendments, terminations, and manage IRS audits
  • Coordinate with actuaries for plan valuations and contributions
  • Collaborate with clients, advisors, and auditors on plans

Benefits

  • Fully remote or onsite work in Pasadena, CA
  • Opportunity for direct hire
  • Comprehensive benefits package
Full Job Description
OVERVIEW:

Senior Retirement Plan Administrator is the primary contact for an assigned book of plans. This candidate will be responsible for the A-Z annual plan administration of 401(k), Profit Sharing, Defined Benefit and Cash Balance Plans. The ideal candidate is detail-oriented, highly organized, and capable of managing multiple priorities and deadlines in a fast-paced, client-focused environment.

WHAT YOU WILL DO:
  • Primary contact managing annual administration for approximately 120-150 plans.
  • Annual plan administrations of 401(k), Profit Sharing, Defined Benefit and Cash Balance Plans.
  • Preparation and calculations of eligibility, contributions, testing, compliance and reconciling trust accounts.
  • Distribution calculations and processing with recordkeepers and PenChecks.
  • Preparing and filing Form 5500's.
  • Preparation of plan amendments/restatements, plan terminations and IRS audits as case load demands.
  • Coordinate with Actuary to get contribution and valuations for pension plans.
  • Collaborate with clients, advisors, auditors and recordkeepers platforms

WHAT YOU NEED:
  • At least 2 years of experience in the retirement plan service area or related field.
  • An understanding plan types, eligibility, vesting, contributions (employee/employer), distributions and participant loans.
  • Proficiency in ADP/ACP testing, Coverage testing, identifying highly compensated and key employees, 401(a)(4) testing, 410(b) testing, Top Heavy testing and government reporting.
  • Familiarity with ERISA requirements, IRS and DOL regulations and fiduciary responsibilities.
  • Proficient with recordkeeping platforms.
  • Strong organizational and problem-solving skills, with the ability to track multiple tasks and issues in a fast-paced environment.
  • Basic to intermediate understanding of Relius Administration, Government Forms, FT Williams system a plus.
  • ASPPA designations or equivalent a plus.

ADDITIONAL INFORMATION:
  • Full-time, direct hire with benefits
  • Compensation $80-85k
  • Exempt
  • Fully Remote or onsite in Pasadena, CA

About HubSpot

HubSpot is a leading growth platform. Since 2006, HubSpot has been on a mission to make the world more inbound. Today, over 100,000 customers in more than 120 countries use HubSpot's award-winning software, services, and support to transform the way they attract, engage, and delight customers. The company is headquartered in Cambridge, MA with offices in Dublin, Ireland; Singapore; Sydney, Australia; Tokyo, Japan; Berlin, Germany; Bogotá, Colombia; and Portsmouth, NH.
Learn more about HubSpot
Size
6,404 employees
Market Cap
$13.4 billion
Industry
Consumer Technology
Net Income
-$85 million
Founded
2006
5 Year Trend
+36.9%
Revenue
$883 million
NASDAQ
HUBS
* Ladders Estimates

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