What are the responsibilities and job description for the Senior Retirement Plan Reviewer | TPA position at CBIZ?
Job Description
Job Purpose/Objective
This position is part of the Retirement & Investment Solutions (RIS) practice within the Third-Party Administration (TPA) group, supporting Retirement Plan Services. The role reports to the Regional Manager and focuses on internal review of compliance testing, and plan administration quality control.
Essential Functions And Primary Duties
Minimum Qualifications
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast.
CBIZ strives to be our team members' employer of choice by creating an environment where team members are appreciated, recognized for their contributions, and provided with opportunities to grow, both personally and professionally, throughout their careers.
Together, CBIZ and CBIZ CPAs are ranked as one of the top providers of accounting services in the United States. CBIZ CPAs is an independent CPA firm that provides audit, review and attest services, while CBIZ provides business consulting, tax and financial services. In certain jurisdictions, CBIZ CPAs operates under its previous name, Mayer Hoffman McCann P.C.
Job Purpose/Objective
This position is part of the Retirement & Investment Solutions (RIS) practice within the Third-Party Administration (TPA) group, supporting Retirement Plan Services. The role reports to the Regional Manager and focuses on internal review of compliance testing, and plan administration quality control.
Essential Functions And Primary Duties
- Review and validate the work completed by internal team members, ensuring accuracy, completeness, and consistency with company standards.
- Review compliance testing for retirement plans to ensure adherence to regulatory and plan document requirements.
- Review reconciliation of plan assets, identifying and resolving discrepancies in coordination with internal teams.
- Review Form 5500 filings to ensure preparation accuracy.
- Review allocations, ensuring accuracy and compliance with plan provisions.
- Identify errors, inconsistencies, or compliance concerns and communicate findings clearly to internal team members for resolution. Escalate items to Team Leads or Regional Manager as applicable.
- Maintain responsibility for a small, assigned book of plans (approximately 3-5). This includes client communication and completion of all annual administration items.
- Maintain detailed and accurate documentation of review findings and supporting work.
- Additional responsibilities as assigned.
- Bachelor’s degree in Accounting, Finance, Business, or related field
- 5 years of retirement plan administration or compliance experience
- Strong background in compliance testing, Form 5500 preparation, allocations, and asset reconciliation
- Working knowledge of ERISA and IRS/DOL regulations related to retirement plan administration
- Experience reviewing or auditing the work of others for accuracy and compliance
- Proficiency with retirement plan administration systems and Microsoft Excel
- QKA, QPA ASPPA credentials, or progress toward certification
Minimum Qualifications
- High School Diploma or GED required
- At least six years of professional, retirement plan administration and compliance experience, including managing a book of business
- Possesses comprehensive knowledge of industry and professional concepts, principles, practices, and procedures
- Expert knowledge of pertinent laws, regulations, and professional standards
- Proficient use of applicable technology
- Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
- Experience performing work that requires initiative and leadership skills
- Qualified Pension Administrator (QPA), Qualified 401(K) administrator (QKA)
- Ability to contract with and influence leaders in the organization, good at networking, collaboration, and sharing of ideas and successes
- Strong problem solver with good business analysis skills (e.g. build business cases, develop and implement plans for business cases, ask probative questions to identify requirements)
- Ability to handle and prioritize multiple simultaneous assignments, manage to critical deadlines, with extraordinary attention to detail
- Demonstrate an open-minded approach to understanding people regardless of differences; effectively works with people from diverse backgrounds
- Address conflicts by focusing on the issues at hand to develop effective solutions when disputes or disagreements occur
CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast.
CBIZ strives to be our team members' employer of choice by creating an environment where team members are appreciated, recognized for their contributions, and provided with opportunities to grow, both personally and professionally, throughout their careers.
Together, CBIZ and CBIZ CPAs are ranked as one of the top providers of accounting services in the United States. CBIZ CPAs is an independent CPA firm that provides audit, review and attest services, while CBIZ provides business consulting, tax and financial services. In certain jurisdictions, CBIZ CPAs operates under its previous name, Mayer Hoffman McCann P.C.