401(k)/Cash Balance Combo Retirement Plan Administrator
Ascensus · Pennsylvania, United States · 1 mo ago
RemoteRemoteFinance$55k–$90k/yrFull-time
We need to output HTML fragment with sections: h3 headings for sections present: About the role? Not present. Responsibilities (Job Functions, Essential Duties and Responsibilities). Requirements (Experience, Skills, Knowledge Requirements). Possibly Benefits? There's mention of national average salary range and benefits list. Pay: they gave salary range. Should we include Pay section? The rule: include a section ONLY when posting has real, specific content for it — never emit heading followed by filler/placeholder text (e.g., "commensurate with experience", "not specified", "N/A", "varies", "TBD") and never create Pay/Schedule/Benefits sections unless posting actually states them. Here they state salary range and benefits list. So we can include Pay and Benefits sections. Schedule? Not mentioned. So omit.
We need to use
for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). So we will have headings: Responsibilities, Requirements, Pay, Benefits. Possibly also "About the role"? Not present. Could we include a short paragraph summarizing position summary? That is Section 1: Position Summary. That could be a
before headings. Not a heading. So we output a
with the position summary text. Then
Responsibilities
with- items from Section 2. Then
Requirements
with- items from Section 3. Then
Pay
withcontaining salary range info. Then
Benefits
with- items from benefits list.
We must remove boilerplate: cookie/navigation/legal/EEO/equal-opportunity/scam-warning, duplicated lines, application instructions. Also remove "Learn more at FuturePlan.com." maybe not needed but it's not boilerplate? It's promotional but could be kept? It's not substantive job info; but it's not prohibited. However we should keep substantive info only. The "Learn more at FuturePlan.com." is not essential but not prohibited. Might keep as part of position summary? Probably drop as it's not needed. Also remove "Section 1: Position Summary" heading etc. We'll just embed the summary in a paragraph.
We need to preserve all substantive information; do not invent or summarize away detail. So we need to include each duty exactly as written. Let's extract duties from Section 2:
- Review employee census data and prepare questions for the client as needed
- Perform nondiscrimination testing including ADP/ACP, 410(b), 401(a)(4), and 401(a)(26) for small to medium size 401(k)/cash balance combo plans of intermediate complexity
- Calculate options for failed tests with minimal assistance
- Complete DC balance forward valuations and related journals and participant statements
- Calculate cash balance contributions and earnings, and prepare journals and participant statements
- Perform self-employment income calculations
- Perform year-end estimates and plan design studies and projections
- Perform and review trust accounting and Forms 5500-SF
- Perform technical research and assist consultants with compliance and plan design issues
- Identify consulting opportunities and propose recommendations to add value
- Recommend and support improvements to testing procedures and programs, including testing of new systems and writing procedures
- Actively participate in team meetings and collaborative discussions
- Provide backup support and additional tasks as assigned
- Independently manage assigned workload and update workflow system daily
- Complete projects accurately, efficiently, and timely
- Responsible for protecting, securing, and proper handling of 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.
- At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
- Supervision N/A (maybe drop as filler? It's metadata but not a duty; we can drop as it's not substantive? It's minor metadata; we could fold into a short p or drop. Probably drop.)
Now Requirements from Section 3:
- Minimum of 3 years of experience administering 401(k)/Profit Sharing/Cash Balance plans
- Intermediate to advanced experience performing DC nondiscrimination testing including carve-outs, new comparability, gateway, and top-heavy
- Hands-on cash balance experience (calculating hypothetical contributions, performing 401(a)(26) and combo DC/CB nondiscrimination testing).
- Intermediate to advanced understanding of retirement plan regulations
- Strong verbal and written communication skills, with the ability to clearly explain technical concepts
- Attention to detail and accuracy
- Strong analytical and problem-solving abilities
- Intermediate proficiency in Excel
- Basic accounting skills
- Ability to work independently as well as collaborate with others
- Self-starter with strong organization, time management, and project management skills
- Ability to manage multiple priorities and adjust to changing business needs
- Reliable and accountable with a proven ability to follow through on commitments and responsibilities
- Commitment to professional development and retirement industry education.
- ASPPA CPC or QPA designation preferred
- Availability to work overtime when business needs require
- Comfortable working in a fast-paced remote environment
- For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
- We are proud to be an Equal Opportunity Employer (drop as EEO boilerplate)
- The national average salary range for this role is $55K-90K in base pay, exclusive of any bonuses and benefits. This base salary range represents the low and high end of the salary range for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. (Pay info)
- Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits (Benefits)
- Be aware of employment fraud... (drop as scam-warning boilerplate)
We need to include Pay and Benefits sections.
Pay section: include the salary range paragraph. Should we include the whole paragraph? It's substantive. We'll put in
. Benefits section: list items: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. Could be
- 401(k) match
- Medical
- Dental
- Vision
- Paid-Time-Off
- etc. but "etc." is vague; maybe we keep as is. Could also include note "For more information, please visit careers.ascensus.com/#Benefits" but that's a link; maybe we keep as
- Review employee census data and prepare questions for the client as needed
- Perform nondiscrimination testing including ADP/ACP, 410(b), 401(a)(4), and 401(a)(26) for small to medium size 401(k)/cash balance combo plans of intermediate complexity
- Calculate options for failed tests with minimal assistance
- Complete DC balance forward valuations and related journals and participant statements
- Calculate cash balance contributions and earnings, and prepare journals and participant statements
- Perform self-employment income calculations
- Perform year-end estimates and plan design studies and projections
- Perform and review trust accounting and Forms 5500-SF
- Perform technical research and assist consultants with compliance and plan design issues
- Identify consulting opportunities and propose recommendations to add value
- Recommend and support improvements to testing procedures and programs, including testing of new systems and writing procedures
- Actively participate in team meetings and collaborative discussions
- Provide backup support and additional tasks as assigned
- Independently manage assigned workload and update workflow system daily
- Complete projects accurately, efficiently, and timely
- Responsible for protecting, securing, and proper handling of 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.
- At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
- Minimum of 3 years of experience administering 401(k)/Profit Sharing/Cash Balance plans
- Intermediate to advanced experience performing DC nondiscrimination testing including carve-outs, new comparability, gateway, and top-heavy
- Hands-on cash balance experience (calculating hypothetical contributions, performing 401(a)(26) and combo DC/CB nondiscrimination testing)
- Intermediate to advanced understanding of retirement plan regulations
- Strong verbal and written communication skills, with the ability to clearly explain technical concepts
- Attention to detail and accuracy
- Strong analytical and problem-solving abilities
- Intermediate proficiency in Excel
- Basic accounting skills
- Ability to work independently as well as collaborate with others
- Self-starter with strong organization, time management, and project management skills
- Ability to manage multiple priorities and adjust to changing business needs
- Reliable and accountable with a proven ability to follow through on commitments and responsibilities
- Commitment to professional development and retirement industry education
- ASPPA CPC or QPA designation preferred
- Availability to work overtime when business needs require
- Comfortable working in a fast-paced remote environment
- For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required.
referencing link. However rule: only include section when posting has real, specific content. Benefits are listed. We'll include
- with those items.
We must not repeat job title as heading. Not include Job ID.
We must output only HTML fragment.
Let's craft:
Position Summary: Timely and accurate completion of contribution calculations and annual nondiscrimination testing for small to medium combo 401(k)/Cash Balance plans. Be a technical resource for consultants and other team members.
Responsibilities
Requirements
- items from benefits list.
We must remove boilerplate: cookie/navigation/legal/EEO/equal-opportunity/scam-warning, duplicated lines, application instructions. Also remove "Learn more at FuturePlan.com." maybe not needed but it's not boilerplate? It's promotional but could be kept? It's not substantive job info; but it's not prohibited. However we should keep substantive info only. The "Learn more at FuturePlan.com." is not essential but not prohibited. Might keep as part of position summary? Probably drop as it's not needed. Also remove "Section 1: Position Summary" heading etc. We'll just embed the summary in a paragraph.
We need to preserve all substantive information; do not invent or summarize away detail. So we need to include each duty exactly as written. Let's extract duties from Section 2:
- Review employee census data and prepare questions for the client as needed
- Perform nondiscrimination testing including ADP/ACP, 410(b), 401(a)(4), and 401(a)(26) for small to medium size 401(k)/cash balance combo plans of intermediate complexity
- Calculate options for failed tests with minimal assistance
- Complete DC balance forward valuations and related journals and participant statements
- Calculate cash balance contributions and earnings, and prepare journals and participant statements
- Perform self-employment income calculations
- Perform year-end estimates and plan design studies and projections
- Perform and review trust accounting and Forms 5500-SF
- Perform technical research and assist consultants with compliance and plan design issues
- Identify consulting opportunities and propose recommendations to add value
- Recommend and support improvements to testing procedures and programs, including testing of new systems and writing procedures
- Actively participate in team meetings and collaborative discussions
- Provide backup support and additional tasks as assigned
- Independently manage assigned workload and update workflow system daily
- Complete projects accurately, efficiently, and timely
- Responsible for protecting, securing, and proper handling of 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.
- At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
- Supervision N/A (maybe drop as filler? It's metadata but not a duty; we can drop as it's not substantive? It's minor metadata; we could fold into a short p or drop. Probably drop.)
Now Requirements from Section 3:
- Minimum of 3 years of experience administering 401(k)/Profit Sharing/Cash Balance plans
- Intermediate to advanced experience performing DC nondiscrimination testing including carve-outs, new comparability, gateway, and top-heavy
- Hands-on cash balance experience (calculating hypothetical contributions, performing 401(a)(26) and combo DC/CB nondiscrimination testing).
- Intermediate to advanced understanding of retirement plan regulations
- Strong verbal and written communication skills, with the ability to clearly explain technical concepts
- Attention to detail and accuracy
- Strong analytical and problem-solving abilities
- Intermediate proficiency in Excel
- Basic accounting skills
- Ability to work independently as well as collaborate with others
- Self-starter with strong organization, time management, and project management skills
- Ability to manage multiple priorities and adjust to changing business needs
- Reliable and accountable with a proven ability to follow through on commitments and responsibilities
- Commitment to professional development and retirement industry education.
- ASPPA CPC or QPA designation preferred
- Availability to work overtime when business needs require
- Comfortable working in a fast-paced remote environment
- For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
- We are proud to be an Equal Opportunity Employer (drop as EEO boilerplate)
- The national average salary range for this role is $55K-90K in base pay, exclusive of any bonuses and benefits. This base salary range represents the low and high end of the salary range for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. (Pay info)
- Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits (Benefits)
- Be aware of employment fraud... (drop as scam-warning boilerplate)
We need to include Pay and Benefits sections.
Pay section: include the salary range paragraph. Should we include the whole paragraph? It's substantive. We'll put in
- items from Section 3. Then