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. This role involves preparing various compliance tests and assisting with ERISA compliance issues.

Responsibilities

• Preparing ADP/ACP testing, Top Heavy testing, Coverage testing, 401(a)(4) Nondiscrimination testing, Form 5500 and Form 8955-SSA within the statutory timelines established by the code.
• Performing tests on the largest\most complex plans, and functioning as a primary liaison with ERISA Consulting, external clients and Relationship Managers for more complex ERISA Compliance testing issues.
• Aiding 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 complete peer review 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.

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.

Benefits

At Schwab, you're eligible for a competitive benefits package that includes:

• 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 for eligible positions.
• Paid parental leave and family building benefits.
• Tuition reimbursement.
• Health, dental, and vision insurance.

Pay

Salary range is provided, and 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.