Retirement Plan Consultant
Rea & Associates | Ohio | Full-time | apply.workable.com |
Rea & Associates is a growing Top 100 Accounting firm providing our clients services in tax, accounting, and business consulting. Here at Rea, we have a 'People First' culture and we focus on our employees' well-being and professional development.
With over 400 professionals and offices throughout Ohio, our firm has a culture that respects a work-life balance. We also provide competitive compensation and a robust benefits plan.
The Plan Consultant serves as a resource for matters related to ERISA compliance, plan design and governmental reporting. This person is the single point of contact for employer, financial profession and plan sponsor for their accounts. A Plan Consultant serves as the retirement plan expert on testing, 5500, loans and distributions and understands plan design and can assist on plan operation and document updates.
Responsibilities
• Act as a mentor to Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations, as applicable
• Assist clients in meeting all IRD and Department of Labor deadlines necessary for qualified retirement plan
• Assist clients with Service and IRD Plan terminations
• Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
• Complete/Assist with payroll processing as required by the products assigned
• Responsible for all aspects of valuation reports, participant statements and annual testing
• Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 401(b), 415, 401(a)(4), deductibility, and 402(g)
• Work with assigned coordinator(s) to provide compliant and accurate valuation reports, participant statements, trust accounting, annual testing and reporting as applicable
• Review distribution paperwork and coordinate processing of distributions with asset holder
• Review loan paperwork and coordinate processing of loans with asset holder
• Review or prepares Form 5500 and coordinate with plan sponsor to help ensure timely filing
• Assist auditors if a plan is subject to an audit
• Assist IRD and DOL auditors, if the plan is subject to an IRS or DOL audit
• Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients (including but not limited to actuaries, financial advisors, attorneys)
• Assist with other tasks and projects as assigned
Knowledge, Skills, & Abilities
• Team-Oriented
• Accounting and asset reconciliation skills
• Excellent verbal and written communication skills
• Detail-oriented
• Excellent problem solving skills
• Time Management skills and ability to work independently.
• Ability to successfully handle multiple tasks
• Ability to manage client relationships
Requirements
• Bachelors in Accounting or equivalent preferred
• Qualified retirement plan credential preferred, or willingness to obtain ASPPA QKA credential within one year of hire date
• Experience in Relius or FT William Administration, and Pension Pro or similar software are preferred
• Knowledge of Microsoft Office Products, including Windows, Word, Excel, and PowerPoint
Benefits
Rea & Associates offers a wide variety of benefits to help support our employees' health, wellness and financial goals.
• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long-Term Disability
• Training & Development
• 'Work From Anywhere' Option
• Wellness Resources
• Four (4) weeks PTO
• Twelve (12) paid holidays, of which three (3) are floating holidays.
Rea & Associates, Inc. is committed to providing equal employment opportunity for all individuals regardless of race, color, religion, sex (including without limitation pregnancy, sexual orientation and gender identity), age, ancestry, military status, national origin, genetic information, disability or other characteristics protected by applicable law.
Equal opportunity extends to all aspects of the employment relationship, including but not limited to hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms, conditions or privileges of employment, or any matter directly or indirectly related to employment.
Rea & Associates does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies without pre-approval from Rea’s Talent team. Pre-approval is required before any external candidate can be submitted. Rea & Associates will not be responsible for fees related to unsolicited resumes and for candidates who are sent directly to our hiring managers.
With over 400 professionals and offices throughout Ohio, our firm has a culture that respects a work-life balance. We also provide competitive compensation and a robust benefits plan.
The Plan Consultant serves as a resource for matters related to ERISA compliance, plan design and governmental reporting. This person is the single point of contact for employer, financial profession and plan sponsor for their accounts. A Plan Consultant serves as the retirement plan expert on testing, 5500, loans and distributions and understands plan design and can assist on plan operation and document updates.
Responsibilities
• Act as a mentor to Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations, as applicable
• Assist clients in meeting all IRD and Department of Labor deadlines necessary for qualified retirement plan
• Assist clients with Service and IRD Plan terminations
• Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
• Complete/Assist with payroll processing as required by the products assigned
• Responsible for all aspects of valuation reports, participant statements and annual testing
• Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 401(b), 415, 401(a)(4), deductibility, and 402(g)
• Work with assigned coordinator(s) to provide compliant and accurate valuation reports, participant statements, trust accounting, annual testing and reporting as applicable
• Review distribution paperwork and coordinate processing of distributions with asset holder
• Review loan paperwork and coordinate processing of loans with asset holder
• Review or prepares Form 5500 and coordinate with plan sponsor to help ensure timely filing
• Assist auditors if a plan is subject to an audit
• Assist IRD and DOL auditors, if the plan is subject to an IRS or DOL audit
• Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients (including but not limited to actuaries, financial advisors, attorneys)
• Assist with other tasks and projects as assigned
Knowledge, Skills, & Abilities
• Team-Oriented
• Accounting and asset reconciliation skills
• Excellent verbal and written communication skills
• Detail-oriented
• Excellent problem solving skills
• Time Management skills and ability to work independently.
• Ability to successfully handle multiple tasks
• Ability to manage client relationships
Requirements
• Bachelors in Accounting or equivalent preferred
• Qualified retirement plan credential preferred, or willingness to obtain ASPPA QKA credential within one year of hire date
• Experience in Relius or FT William Administration, and Pension Pro or similar software are preferred
• Knowledge of Microsoft Office Products, including Windows, Word, Excel, and PowerPoint
Benefits
Rea & Associates offers a wide variety of benefits to help support our employees' health, wellness and financial goals.
• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long-Term Disability
• Training & Development
• 'Work From Anywhere' Option
• Wellness Resources
• Four (4) weeks PTO
• Twelve (12) paid holidays, of which three (3) are floating holidays.
Rea & Associates, Inc. is committed to providing equal employment opportunity for all individuals regardless of race, color, religion, sex (including without limitation pregnancy, sexual orientation and gender identity), age, ancestry, military status, national origin, genetic information, disability or other characteristics protected by applicable law.
Equal opportunity extends to all aspects of the employment relationship, including but not limited to hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms, conditions or privileges of employment, or any matter directly or indirectly related to employment.
Rea & Associates does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies without pre-approval from Rea’s Talent team. Pre-approval is required before any external candidate can be submitted. Rea & Associates will not be responsible for fees related to unsolicited resumes and for candidates who are sent directly to our hiring managers.
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