ERISA Retirement Plans Manager

About the role

Schwab Retirement Plan Services provides third party recordkeeping and retirement plan administration to midsized and large employers nationwide. The role involves preparing various compliance tests, such as ADP/ACP, Top Heavy, Coverage, 401(a)(4) Nondiscrimination, and Form 5500 and Form 8955-SSA, within statutory timelines. It also includes performing complex ERISA Compliance testing, assisting clients with allocations, and collaborating with external auditors and plan sponsors.

Responsibilities

• Preparation of ADP/ACP testing, Top Heavy testing, Coverage testing, 401(a)(4) Nondiscrimination testing, Form 5500 and Form 8955-SSA within statutory timelines.
• Performing tests on the largest and most complex plans.
• Functing as a primary liaison with ERISA Consulting, external clients, and Relationship Managers for more complex ERISA Compliance testing issues.
• Assisting clients with preparation of allocations of employer contributions and specialized testing.
• Partnering closely with Relationship Management and other teams to assist with higher level client issues and to assist with external auditor requests.
• Serving as direct contact with plan sponsors and their external auditors to add value and retain clients.
• Leading efforts to improve, develop, implement training programs and procedures.
• Serving as a resource for less experienced staff and completing peer reviews of assigned work.
• Taking on additional project leadership responsibilities.

Requirements

• 4-7 years in the qualified retirement plan industry, with significant direct experience in providing ERISA Compliance testing and reporting services.
• Thorough knowledge of the IRS & DOL Code and Regulations, and experience with complex non-discrimination testing, including 401(a)(4), 410(b), and 414(s).
• Excellent problem-solving skills, strong verbal and written communication skills, high comfort level with Microsoft Excel, and ability to meet stringent deadlines.
• Bachelor’s degree in Accounting, Math or Finance.
• Preferred qualifications include ASPPA QKA, QPA or CPC Designation, experience with Actuarial Systems Corporation (ASC) Testing/5500 software, and Project Leadership experience.

Qualifications

• Required Qualifications: 4-7 years in the qualified retirement plan industry, with significant direct experience in providing ERISA Compliance testing and reporting services; thorough knowledge of the IRS & DOL Code and Regulations, and experience with complex non-discrimination testing, including 401(a)(4), 410(b), and 414(s); excellent problem-solving skills, strong verbal and written communication skills, high comfort level with Microsoft Excel, and ability to meet stringent deadlines.
• Preferred Qualifications: Bachelor’s degree in Accounting, Math or Finance; ASPPA QKA, QPA or CPC Designation; experience with Actuarial Systems Corporation (ASC) Testing/5500 software; Project Leadership experience.

Skills

• Knowledge of IRS & DOL Code and Regulations
• Complex non-discrimination testing, including 401(a)(4), 410(b), and 414(s)
• Microsoft Excel proficiency
• Excellent problem-solving and communication skills
• Leadership and project management experience
• Ability to prepare and perform various compliance tests

Benefits

• 401(k) with company match and Employee stock purchase plan
• Paid time off for vacation, volunteering, and 28-day sabbatical after every 5 years of service
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance

Pay

The salary range for this role is [insert actual salary range here]. This role is eligible for bonus or incentive opportunities.

Schedule

This role is eligible for a hybrid work schedule, balancing workplace flexibility, client service, and the value of in-person collaboration.