Retirement Plan Consultant

National Associates, Inc.
Fairview Park, OH 44126, USA

Review, analyze and amend Defined Contribution plans and prepare summary plan descriptions, reports and recommendations. Prepare and submit required government reports and document filings as necessary. Additionally, this role is responsible for preparing reports and presentations for clients, preparing loan documents and amortization schedules and tracking loan payments.

• Compile various types of information needed to produce quarterly, semi-annual or annual allocation reports: review and update plan specifications, input census, identify Highly Compensated Employees and Key Employees; prepare SPD enrollment list for newly eligible employees; identify employees past normal retirement age or over 70 1/2; check vesting and calculate maximum tax‑deductible contribution; prepare contribution reporting form, if required.
• Reconcile plan assets for each valuation period.
• Develop and implement any plan amendments as necessary.
• Update plan specifications, allocate employer contributions, forfeitures, and investment earnings to plan participants, determine top‑heavy status, check 415 limits, and conduct applicable compliance tests or reviews (410(b), ADP, ACP, 402(g), 401(a)(4)). Run benefit statements for plan participants.
• Prepare IRS Form 5500 and any related schedules and the Summary Annual Report; file forms electronically.
• Calculate benefits for participants due to termination, hardship withdrawals, loans, required minimum distribution or in‑service withdrawals; determine taxable amounts and distribution codes.
• Prepare loan documents and loan amortization schedules; track loan repayments.
• Maintain contact with and answer inquiries from clients, accountants, attorneys, insurance agents, brokers, referrers and participants. Conduct research if required.
• Prepare special studies for current or prospective clients.
• Prepare required paperwork for plan termination, including benefit election forms.
• Gather information requested by the IRS for plan audits.
• Prepare Form 1099 and Form 945.
• Communicate with an accountant during large plan audit if necessary.
• Communicate with the Department of Labor and/or IRS during audit.
• Attend client meetings as required.
• Work on new cases assigned to set up ASC/AMS; request prior year’s information to establish a proper database.
• Keep current on all technical issues related to Defined Contribution Plans.
• In closed cases, remove case files after final allocation and advise AMS Coordinator to change case status.
• Complete mandatory and elective training, including BSA (Bank Secrecy Act) and Anti‑Money Laundering procedures; maintain compliance with all appropriate rules and regulations.
• Maintain regular, predictable attendance.
• Complete all other duties as assigned.

• High School Diploma or G.E.D. required.
• Minimum of two (2) years’ experience with defined contribution plans preferred.
• Basic math and/or accounting skills.

• Some knowledge of retirement planning (preferred).

• High School or better.

• Bachelors or better in Accounting.
• Bachelors or better in Finance.

E-Verify is used to confirm the identity and employment eligibility of all newly hired employees.

Farmers National Banc Corp. is an Equal Opportunity

Employer:

disability/veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.