Plan Compliance Specialist
Skills
AllocationsAnalytical SkillsCensusCompliance TestingDatabasesGovernment FilingsIRS
What the job involves
The main requirements, responsibilities and hiring steps.
Requirements
- Experience with compliance nondiscrimination testing and defined contribution plans
- Strong understanding of IRS and plan limits
- Ability to prepare Form 5500 and related government filings
- Skill in analyzing census data and calculating employer allocations
- Capability to identify compliance issues and recommend corrective action
- Competence using databases for workload tracking
- Strong understanding of department processes procedures and standards
Nice to have
- Analytical
- Detail-oriented
- Compliance-minded
- Process-driven
Day to day
- Perform annual and mid-year compliance nondiscrimination testing for defined contribution plans.
- Analyze census data and calculate employer allocations while ensuring plan eligibility and contribution rules are applied accurately.
- Prepare Form 5500 and related government filings and support audits with reconciliations and documentation.
Hiring process
- Apply directly through the company's website