Retirement Plan Administrator

Company Description

Prime Pensions, Inc. is a well-established actuarial and record-keeping firm specializing in 401(k), profit sharing, and defined benefit plans for employers of all sizes across the United States. Since 1975, the company has been recognized for its innovative plan designs and customized approach that accommodates various investments and plan types. With a strong commitment to accuracy and attention to detail, Prime Pensions ensures high-quality and personalized services through comprehensive oversight of all work. The company has been named one of the top defined contribution plan administrators and one of the Best Places to Work in New Jersey by NJBIZ.

Role Description

This is a full-time, remote role for a Retirement Plan Administrator. The role involves managing the administration of 401(k), profit sharing and cash balance plans, including performing compliance testing, preparing contribution calculations, and maintaining accurate plan records. The individual will work closely with clients to provide high-quality service, ensure adherence to legal and regulatory requirements, and facilitate smooth communication between clients and other financial professionals. Additional responsibilities include troubleshooting client issues, assisting in retirement plan design recommendations, and supporting annual plan reviews.

Qualifications

• Five or more years of experience in the industry
• Comprehensive knowledge of Retirement Plans – specifically Defined Contribution plans and Defined Benefit plans
• Understand compliance testing
• Extensive knowledge of ERISA and Internal Revenue Code and Regulations.
• Attention to detail, analytical problem-solving skills, and the ability to work independently
• Proficient in Microsoft Office Suite, particularly Excel
• ASPPA or other industry-related certifications are a plus

Benefits

• Compensation Package : Excellent pacakge to be discussed
• 401(k) Plan, Employer Contributions
• Actuarial Exam Support
• Annual raises and bonuses
• Health/Vision/Dental insurance
• Voluntary Benefit Coverages

Job Type: Full-time, Remote