What are the responsibilities and job description for the DB Plan Administrator position at CPS, Inc.?
Job Description: We’re seeking a detail-oriented DB Plan Administrator to manage and ensure compliance for our clients' defined benefit retirement plans. The ideal candidate will have a strong background in plan administration, knowledge of regulations, and excellent organizational skills.
Responsibilities:
Responsibilities:
- Oversee daily operations of defined benefit pension plans.
- Process pension payments, contributions, and adjustments accurately and on time.
- Conduct annual compliance testing and actuarial valuation coordination.
- Prepare and file required regulatory forms, including IRS Form 5500, and ensure ERISA/IRS compliance.
- Maintain accurate records of participant data and plan information.
- Communicate with participants to answer inquiries and assist with retirement planning.
- Stay updated on regulatory changes and trends to advise clients and ensure plan compliance.
- Pension Plan Administrator certification (e.g., QPA, ASPA) or similar (preferred).
- 2 years’ experience in defined benefit plan administration.
- Strong knowledge of ERISA, IRS, and DOL regulations.
- Proficiency in Microsoft Office (Word, Excel, Outlook).
- Strong analytical, problem-solving, and organizational skills.
- Excellent communication skills, both verbal and written.
- Competitive salary up to $100k
- Health, dental, and vision insurance
- Retirement plan with employer matching
- Paid time off and holidays
- Professional development opportunities
- 100% remote work
Salary : $100,000