Plan Consultant TPA Services

Responsibilities

• Collect and edit census data from clients via electronic media
• Prepare year-end asset review and reconciliation on plan's assets
• Perform contribution calculations for clients
• Perform plan specific testing (ADP/ACP; Top Heavy; New Comparability, etc.)
• Determine eligibility and update accounts for employees of client
• Update vesting on daily val platform where applicable
• Prepare and assist client in the filing of yearly tax return for Plan (5500, 5330, etc.)
• Provide client with annual or quarterly valuation report and employee statements
• Provide Distribution Coordinator pertinent information regarding distributions from plan (including loans, hardships, and RMD's)
• Consult with client in regards to plan design (make recommendations for changes, etc.)
• Consult with client on any questions or concerns (daily phone calls, emails, etc.)
• Provide Plan's broker/agent information for regularly scheduled Annual Plan Review meetings
• Provide eResources necessary information in regards to plan amendments and annual employee notices
• Peer review of other Plan Consultant's annual administration reports and testing
• Maintain workflow database at least weekly

Qualifications

• Not Specified