Our vision is to be a leading insurance and benefits solutions provider by combining large-scale resources with customization and personal attention. We differentiate on value creation by having the most innovative and compelling approaches, the highest level of service, and the strongest team.
When You Thrive, Ascension Thrives.
From the first day you step in the door, we’ll encourage you to seize the initiative, work hard, and utilize your talents to grow with us. You’ll help service a broad range of clients across many industries, influencing their businesses and affecting their success, all while furthering your own.
The Plan Administrator will be responsible for the administration of a variety of mostly small and medium sized retirement plans including 401(k) and defined benefit plans. In addition, the person in this position will participate in plan design explanation and provide proactive value added services to the firm’s clients.
Plan Design. Plan specification and design consulting.
Plan Documents. Preparation of plan documents for all retirement plan types.
Plan Administration. Determination of eligibility; employee recordkeeping; performance of annual valuations; calculation of contributions and distributions; preparation of distribution documentation; preparation of participant loan documents.
Compliance. ADP/ACP testing on 401(k) plans; preparation of annual Form 5500 Return/Report and other government forms such as 5330, 945 and SSA. Handling of government audits.
Consultation. Calculation of benefit and contribution maximums; plan proposals; problem identification and resolution; client and employee level communications.
Education and Qualifications
College graduate or equivalent work experience.
3-5 years’ benefits consulting experience.
Experience with various aspects of defined benefit and defined contributions plans.
Prior experience with DATAIR or similar software is highly desired.