Defined Retirement Plan Consultant

Defined Benefit Retirement Plan Consultant

Join to apply for the Defined Benefit Retirement Plan Consultant role at Ascensus

Future Plan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. Future Plan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast.

The Future Plan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams.

• Serve as a resource to plan sponsors and financial advisors for matters related to ERISA compliance, plan design and governmental reporting.
• Act as the single point of contact for employer, financial profession and plan sponsor for their accounts.
• Provide client meetings both in person and via phone and serve as the retirement plan expert on testing, 5500, loans and distributions.
• Assist clients with all initial and ongoing plan design and document needs, including promoting awareness and educating all clients in regards to their obligations with the IRS and DoL regulations.
• Assist clients in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan.
• Assist clients with Service and IRS 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.
• Accountable for all aspects of valuation reports, participant statements and annual testing.
• Review the annual testing for plans, including ADP/ACP, Top Heavy, 410(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 prepare Form 5500 and coordinate with plan sponsor to help ensure timely filing.
• Assist auditors if a plan is subject to an audit.
• Assist IRS 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.
• Assist with other tasks and projects as assigned.
• Protect, secure, and properly handle all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• Demonstrate core values of People Matter, Quality First and Integrity Always® in daily actions to support our organizational culture.

• Bachelor’s degree preferred.
• 3‑5 or more years in Defined Benefit work.
• Experience in analysis of financial data required.
• Experience in Relius software desirable.
• Strong Word, Excel, and Outlook skills.
• Strong written and oral communication skills.
• Strong analytic mentality associated with problem solving skills.
• Detail oriented with the ability to prioritize and manage tasks to partner with business operations, including related ERISA compliance matters.
• Ability to effectively plan and assign work to and oversee plan associates that are qualified to assist with plan modifications.

We are proud to be an Equal Opportunity Employer.