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Ascensus

Plan Termination Consultant, FuturePlan at Ascensus

Ascensus Greensboro, NC

Job Description

Section 1: Position SummaryThe Plan Termination Consultant is a position on the Plan Terminations Team responsible for all aspects of processing DC Plan Terminations. The Plan Termination Consultant is responsible for managing all aspects of plan administration for an assigned caseload of clients.Section 2: Job Functions Essential Duties and ResponsibilitiesPrepare necessary government forms required for a plan terminationCompliance testing analysis and corrective actionsPreparation of annual valuation and Form 5500 filingPerform projected and year end non-discrimination testingCalculation and allocation of annual employer contributions (including New Comparability)Identify and resolve plan discrepanciesCensus review eligibility calculations trust accounting and asset reconciliationEnsure compliance with DOL and IRS requirementsProcess final distribution of assets to participants.Work with clients plan sponsors participants and others during the plan termination process regarding distribution of plan assetsEffectively communicates with clients brokers and staff in answering questions and problem solving.Monitors and follows up on pending plan termination requests.Track progress of all plan terminations to ensure deadlines are met.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.Our I-Client service philosophy and our Core Values of People Matter Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.Assist with other tasks and projects as assignedSupervision N/ASection 3: Experience Skills Knowledge Requirements Excellent customer service skills.Strong attention to detail and ability to communicate effectively both in writing and verbally.Effective analytical and problem-solving skills.Great organization skills with the ability to prioritize effectively & efficiently.Excellent at documentation and follow through.Ability to make sound decisionsResults orientedStrong knowledge of MS Office including Excel Word and Outlook.Experience with ASC is preferred.Qualified candidates will have 2-3 years of experience working with ERISA qualified plans.Finance and accounting experience is an additional asset for this positionHigh school diploma or equivalent required; two or four year degree preferred.Coursework in pension plan administration or work towards certification a plus.We are proud to be an Equal Opportunity EmployerThe national average salary range for this role is$65-75k in base pay exclusive of any bonuses and 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. Other rewards and benefits may include: 401(k) match Medical Dental Vision Paid-Time-Off etc. For more information please visit aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ or @ email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting we strongly encourage you to apply directly through our website. Required Experience:Contract Key Skills Sales Experience,Direct Sales,Hyperion,Financial Services,Financial Concepts,Banking,Oracle EBS,Securities Law,Peoplesoft,Oracle,Financial Management,Workday Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 65 - 75

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