Benefits Specialist – Recordkeeper

Job Title: Record Keeper 
Location: Remote, United States
Duration: 4 Month Contract with chance of extending/converting 
Position Overview: 

• Provides service and administrative support to largest/most complex defined contribution plan clients. Responds to client requests for information. Resolves client administrative or service problems. Ensures that all transactions are processed according to the company's and the client's standards.
• Processes transactions to complete plan valuation such as contributions, loans, withdrawals, and earnings allocations. Formats and loads data. Performs and analyzes tests required for defined contribution plans and plan design issues i.e. discrimination testing.
• Requests and interprets data, presents results to clients, and makes recovery recommendations. Reconciles trust accounting/recordkeeping system on a plan level. Reconciles plan balances to trust balances through daily balancing, adjustment analysis, preparing reconciliation reports, and analysis by transaction type.
• Coordinates omnibus fund purchases and sales with third-party fund companies. Formats and produces client reports. Produces valuation reports, participant statements, investment performance reports, and files necessary tax and compliance forms.
• Participates in client meetings and/or conference calls. Maintains trustee relationships. Discusses plan design issues, trust reconciliation issues, payroll consultation, and other services with clients.

Must have:

• 401(k) / retirement plan administration
• Experience with contributions, loans, withdrawals, and distributions
• Reconciliation/balancing of plan and trust accounts
• Experience with retirement plan testing (ADP/ACP, nondiscrimination, etc.)
• Strong Excel/data analysis skills
• Experience working directly with clients/plan sponsors
• Strong attention to detail and ability to manage high-volume transactions