ERISA Technical Consultant

Job Overview

The ERISA Technical Consultant plays a key role in delivering technical expertise, training, and support for compliance testing and Form 5500 reporting across 401(k), 403(b), Profit Sharing, Multiple Employer Plans (MEPs), and Pooled Employer Plans (PEPs). The role serves as a subject matter expert on ERISA compliance, technical plan design matters, and regulatory requirements while helping enhance systems, processes, and service offerings that support both clients and internal teams.

It also involves leveraging technology and automation to efficiently manage high‑volume compliance work while maintaining a high degree of accuracy and quality.

• Provide technical guidance, training, and support to professionals performing compliance services for Profit Sharing, 401(k), 403(b), MEP, and PEP plans.
• Serve as a subject matter expert on ERISA compliance, testing methodologies, plan design interpretation, and IRS regulatory requirements.
• Lead and support enhancements to systems, processes, procedures, and controls related to compliance testing and Form 5500 reporting.
• Leverage technology, automation, and system capabilities to efficiently manage high‑volume compliance testing and reporting workloads while maintaining exceptional accuracy and quality.
• Perform compliance testing, with a focus on: 410(b) testing (Ratio Percentage Test and Average Benefits Test); 414(s) compensation testing; 401(a)(4) nondiscrimination testing;
  Rights, Benefits, and Features testing.
• Calculate employer contributions for Safe Harbor and New Comparability plan designs.
• Provide consulting support, plan design expertise, and technical guidance to relationship management, plan management, and clients.
• Assist with complex operational issues, plan interpretation questions, correction methods, and regulatory compliance matters.
• Develop working knowledge of Voya's record‑keeping systems, valuation reports, and compliance‑related technology solutions.
• Contribute to the development of best practices, operational efficiencies, and service enhancements that improve client outcomes and scalability.
• Assist with additional duties and special projects as assigned.

• Bachelor's degree in Business Administration or related field, or equivalent work experience in ERISA compliance.
• 8–10 years of industry experience, including strong ERISA knowledge and applicable IRS regulations.
• 5–7 years of experience in an ERISA compliance environment.
• Experience supporting Multiple Employer Plans (MEPs) and/or Pooled Employer Plans (PEPs).
• Hands‑on experience with ASC (Actuarial Systems Corporation) or equivalent compliance testing software.
• Proven ability to leverage technology, automation tools, and system‑driven processes to manage large volumes of compliance and reporting work accurately and efficiently.
• Strong understanding of ERISA regulations, IRS nondiscrimination testing requirements, and qualified retirement plan design principles.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Strong analytical, problem‑solving, and multitasking skills with the ability to work independently.
• Excellent written and verbal communication skills with the ability to interact effectively with senior leadership.

• Industry certifications such as ASPPA, NIPA, SPARK, CEBS, ERPA, QKA, or QPA.
• Experience consulting on complex plan design issues and regulatory compliance matters.
• Experience implementing process improvements, automation, and operational efficiency initiatives.
• Experience working with multiple record‑keeping platforms and large‑scale retirement plan administration operations.
• Demonstrated ability to train, mentor, and develop compliance professionals.

Annual base salary range: $79,620 – $110,590 USD. In addition to base salary, Voya offers incentive opportunities (annual cash incentives, sales incentives, and/or long‑term incentives) based on the role to reward the achievement of annual performance objectives.

• Health, dental, vision, and life insurance plans.
• 401(k) savings plan – company matching contributions up to 6%.
• Voya Retirement Plan – employer‑paid cash balance retirement plan (4%).
• Tuition reimbursement up to $5,250 per year.
• Paid time off – 20 days paid time off, nine paid company holidays, and a flexible Diversity Celebration Day.
• Paid volunteer time – 40 hours per calendar year.

Voya Financial is an equal‑opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.