Pentegra Retirement Services
Account Manager
Pentegra Retirement Services, White Plains, New York, United States, 10606
Base salaries are determined during our interview process, by assessing a candidate’s experience, skills against internal peers and against the scope and responsibilities of the position.
Job Summary:
Performs compliance testing; contribution calculations; Form 5500 reporting; Manages Client Relationship
Responsibilities :
Main point of client and advisor contact providing a high level of service to clients and advisorsEnsures all clients are receiving feedback and resolution to their inquiries on a daily basisInterpret plan documents (IDP & Pentegra Prototype)Thorough knowledge of ERISA, IRS & DOL regulations regarding qualified plansAnalyzes census to determine eligibilityCalculate employer contributions based on the plan’s provisions and confirms with client amount of annual fundingPreparation of annual non-discrimination tests (ADP/ACP; 415; 402(g), 416, 410(b)) and ability to discuss testing results with clientPrepare Government Forms: 5500 and Related Schedules, 5558, 5330, 8955 and works with plan’s auditor and ability to discuss Forms with the client.Works with plan’s Form 5500 auditorPosts year-end client deliverables to Pension ProReconciliation of trust assetsReview and approve participant requested loans and distribution requestsIdentifies and completes RMD distributionsAdvises clients on new plan design options and completes plan studies when neededWorks with assigned Administrator to ensure deadlines are met timelyResponsible for entering amendment requests in Pension Pro; updating Relius specs, platform specs, obtaining signatures and follow-ups with clients.Requesting record-keeper enrollment forms and updating plan specs during amendment process.Attends client and advisor calls/meetings upon request with approval from assigned Manager.Annual year-end clean-up to include follow-up on forfeiture re-allocations, source transfers determined during the compliance reviewWork with clients to terminate their planRequirements:
Certain Requirements can be waived with related experience.
3-5 Years of Defined Contribution retirement compliance and service experienceAbility to maintain caseload of 80 – 120 defined contribution plans, including 401(k) and 403(b)Experience with Multiple Employer Plans (MEPs) preferredExcellent Client Relationship skillsExcellent communication and organizational skillsProblem solving abilityAbility to work in fast paced team environmentWorking knowledge of Microsoft office (excel, word, outlook)Working knowledge of Sungard Relius compliance software & FT Williams Government forms a plusASPPA designations a plus or be willing to obtain designationsAbility to ensure timely and accurate completion of all assigned client’s compliance testing, valuation reporting and tax filings.3(16) Fiduciary Services knowledge a plusIf remote employee, must have previous experience working from home
Job Summary:
Performs compliance testing; contribution calculations; Form 5500 reporting; Manages Client Relationship
Responsibilities :
Main point of client and advisor contact providing a high level of service to clients and advisorsEnsures all clients are receiving feedback and resolution to their inquiries on a daily basisInterpret plan documents (IDP & Pentegra Prototype)Thorough knowledge of ERISA, IRS & DOL regulations regarding qualified plansAnalyzes census to determine eligibilityCalculate employer contributions based on the plan’s provisions and confirms with client amount of annual fundingPreparation of annual non-discrimination tests (ADP/ACP; 415; 402(g), 416, 410(b)) and ability to discuss testing results with clientPrepare Government Forms: 5500 and Related Schedules, 5558, 5330, 8955 and works with plan’s auditor and ability to discuss Forms with the client.Works with plan’s Form 5500 auditorPosts year-end client deliverables to Pension ProReconciliation of trust assetsReview and approve participant requested loans and distribution requestsIdentifies and completes RMD distributionsAdvises clients on new plan design options and completes plan studies when neededWorks with assigned Administrator to ensure deadlines are met timelyResponsible for entering amendment requests in Pension Pro; updating Relius specs, platform specs, obtaining signatures and follow-ups with clients.Requesting record-keeper enrollment forms and updating plan specs during amendment process.Attends client and advisor calls/meetings upon request with approval from assigned Manager.Annual year-end clean-up to include follow-up on forfeiture re-allocations, source transfers determined during the compliance reviewWork with clients to terminate their planRequirements:
Certain Requirements can be waived with related experience.
3-5 Years of Defined Contribution retirement compliance and service experienceAbility to maintain caseload of 80 – 120 defined contribution plans, including 401(k) and 403(b)Experience with Multiple Employer Plans (MEPs) preferredExcellent Client Relationship skillsExcellent communication and organizational skillsProblem solving abilityAbility to work in fast paced team environmentWorking knowledge of Microsoft office (excel, word, outlook)Working knowledge of Sungard Relius compliance software & FT Williams Government forms a plusASPPA designations a plus or be willing to obtain designationsAbility to ensure timely and accurate completion of all assigned client’s compliance testing, valuation reporting and tax filings.3(16) Fiduciary Services knowledge a plusIf remote employee, must have previous experience working from home