Lead Plan Compliance Administration Analyst - Retirement Plans

Lead Plan Compliance Administration Analyst - Retirement Plans at Ameritas Life Insurance summary :

The Lead Plan Compliance Administration Analyst for Retirement Plans acts as a subject matter expert overseeing compliance and administration of qualified retirement plans. Responsibilities include managing complex plans, training associates, facilitating process improvements, ensuring regulatory adherence, and leading high-profile projects. The role involves preparing compliance testing, filing regulatory forms, supporting audits, and providing expert guidance on correction programs to meet division goals.

Position Description :

The position serves as a subject matter expert for a plan compliance administration team and is responsible for delivery of technical administrative services to qualified retirement plans. This position is accountable for ensuring the day-to-day business needs are being met for their own workload. This position will provide associate training, meeting facilitation, and development / implementation of workflow process improvement. This position also supports the daily activity of the team through team standards, answering processing or escalation questions, and acting as subject matter expert as needed to meet team and Retirement Plan division goals.

Position Location :

This position is remote (within the U.S.A.) and does not require regular in-office presence.

What you do

• Produce weekly and monthly reporting to ensure that goals are being met.
• Manage difficult and complex plans while working outside of the pooled environment.
• Provide guidance to resolve escalated issues or concerns.
• Serve as leader and subject matter expert to team ensuring accuracy, providing service on escalated issues, onboarding, and training of the team.
• Ensure adherence to regulations, policies, and procedures.
• Recommend innovative programs or processes to achieve results.
• Monitor daily operational activity and provide directions to meet service goals.
• Lead and oversee high profile RP & team projects.
• Communicate by phone or written correspondence with plan sponsors and their advisors regarding compliance related matters.
• Administer large and complex plans according to plan documents.
• Calculate employer contributions, including cross-tested plans.
• Prepare earned income calculations.
• Perform annual plan compliance testing, including ADP / ACP, Top Heavy, 410(b), 401(a)(4) and 402(g) and work with clients on corrective measures for failed tests.
• Prepare and file Forms 5500 and 5330.
• Provide support for plan audits.
• Utilize multiple systems to administer plans efficiently and by regulatory deadlines.
• Guide clients through correction programs such as EPCRS and DFVC.
• Research plan related compliance matters using available resources.

What you bring

What we offer :

A meaningful mission. Great benefits. A vibrant culture

Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.

At Ameritas, you'll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect and things you don't :

Ameritas Benefits

For your money :

For your time :

For your health and well-being :

For your professional growth :

For your community :

For your family :

An Equal Opportunity Employer

Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity / Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.

Keywords :

retirement plans, plan compliance, administration analyst, compliance testing, employee benefits, training and development, process improvement, regulatory adherence, financial calculations, plan audits