Manager, Retirement Services Compliance

About the Company

Insperity provides the most comprehensive suite of scalable HR solutions available in the marketplace with an optimal blend of premium HR service and technology. With more than 90 locations throughout the U.S., Insperity is currently making a difference for thousands of businesses and communities nationwide. We value diversity, inclusivity, and a sense of belonging, celebrating work and life events while partnering with clients and communities.

Insperity has earned recognition as a top place to work, including awards from Glassdoor, U.S. News & World Report, and RippleMatch’s Campus Forward Awards for one of the country’s Top 50 Midsize Early Talent Programs.

Why Insperity?

• Flexibility: Over 80% of Insperity’s jobs offer flexibility to balance time with coworkers, clients, family, or community.
• Career Growth: Continuous learning programs, mentorship opportunities, and ongoing training are provided to support growth within the company.
• Well-Being: The total rewards package includes generous paid time off, top-tier medical, dental, and vision benefits, health & wellness support, paid volunteer hours, and more.

Responsibilities

• Collaborates with Health & Welfare and Technology departments for the flow, retrieval, and access of information from the “Controlled Group and Nondiscrimination Testing Questionnaire” for existing and new clients to ensure ERISA compliance of the Insperity 401(k) Plan.
• Serves as a resource to Retirement Services personnel for technical (regulatory) research for advanced-level inquiries.
• Applies working knowledge of ERISA, the IRC, and other regulatory guidelines to new and existing procedures to protect Insperity from potential fiduciary and legal risks.
• Manages the relationship and works directly with inside counsel on drafting and maintaining Insperity-sponsored retirement plan documents, amendments, and summary plan descriptions for both defined contribution and nonqualified deferred compensation plans.
• Serves as the primary department resource for understanding the Insperity 401(k) plan, including the plan document, summary plan description, and client agreements.
• Under strict regulatory deadlines, manages and implements all required nondiscrimination testing under ERISA, prepares and distributes IRS Form 5500, and coordinates annual retirement plan audits.
• Manages, coaches, and trains individual staff members responsible for Retirement Services compliance-related tasks, including nondiscrimination testing, allocations of employer contributions, preparation of IRS Form 5500, and preparation of adoption agreements, amendments, and summary plan descriptions.
• Plans and executes the collection of required annual contributions (top heavy, qualified non-electives, annual required employer contribution adjustments, etc.) and IRC Sec. 4979 excise tax amounts due for the Insperity 401(k) Plan, with an objective to minimize fiduciary risk to Insperity and financial risk to both Insperity and its clients.
• Provides and/or coordinates training and continuing education to Retirement Services personnel regarding regulatory updates and plan provision changes, and offers technical expertise and mentoring to staff members.
• Serves as a primary resource for retirement plan-related inquiries that may affect W2 reporting, payroll calculations, and outside record-kept retirement plans.
• Reviews and monitors third-party software applications relative to nondiscrimination testing, government form preparation, and prototype document support to ensure Retirement Services uses the best applications to meet the needs of Insperity and its client base.
• Assists in drafting and reviewing internal, client company, and worksite employee communications, including required regulatory notices.
• Assists department leadership in reviewing contracts and developing action plans for product development.
• Participates in key decisions as a member of the Retirement Services leadership team.

Requirements

• Bachelor’s Degree in Finance, Accounting, Human Resources, or another related field is required.
• Six to ten years of experience in the qualified retirement plan administration field is required.
• Previous management or supervisory experience is strongly preferred.
• ASPPA, CEBS, NIPA, or other industry-specific designation is required.

Benefits

• Generous paid time off.
• Top-tier medical, dental, and vision benefits.
• Health & wellness support.
• Paid volunteer hours.