What are the responsibilities and job description for the Deferred Compensation Specialist position at CTR Payroll?
About CTR Payroll | HR
At CTR Payroll | HR, we've been helping businesses simplify payroll and HR for over 60 years. As a third-generation, family-owned company, we pride ourselves on doing things differently: we listen, we solve problems relentlessly, and we treat both our clients and employees like family. Our core values-All In, Relentless Problem Solvers, and Exercising the Basics Better Than Anyone Else-guide everything we do. If you're looking for a workplace where your ideas matter, your growth is supported, and your contributions make a difference, CTR could be the right place for you.
The Role
We are looking for a Deferred Compensation Specialist who thrives on organization, communication, and problem-solving. In this role, you will be responsible for implementing clients' deferred compensation plans (401k, 403b, etc.). You will collaborate with clients, Third Party Administrators, Record Keepers, and Brokers to ensure accurate plan configurations and compliance with relevant regulations. This position involves both strategic collaboration with external partners and hands-on operational duties such as audits, plan builds, and data imports, requiring strong attention to detail and time management skills.
What You'll Do
Design, manage, and facilitate the deferred compensation process for CTR and their clients.
Act as a key liaison between clients and 401(k) providers, ensuring smooth plan setup and addressing any deferred compensation-related issues.
Review and validate plan documents before submission for installation, including consulting with clients on 401(k) plan compliance and system set up.
Drive resolution of escalated issues related to deferred compensation and 401(k) plans.
Maintain system settings for deferred compensation and conduct annual testing and updates for compliance.
Assist with the implementation of clients' retirement plans, ensuring accuracy with the clients plan information.
Proactively identify opportunities for process improvement within deferred compensation management.
What We're Looking For
Bachelor's degree in Accounting or Business preferred
Minimum of three years related experience
Detail oriented and have the ability to multi-task
Ability to communicate effectively, both orally and in writing, with co-management, and internal and external customers
- Ability to anticipate and solve practical problems
A collaborative team player who can also lead when needed
Someone who embodies our values: All In, Relentless Problem Solver, and Exercising the Basics
Why Join CTR?
Be part of a company with a 60 year legacy of success and stability
Work in a supportive, team-oriented environment where people genuinely care
Opportunities for professional growth and career advancement
A culture that values balance, respect, and making life easier for our clients-and each other
Competitive compensation and benefits package
If you want to be part of a team that works hard, celebrates success, and is dedicated to solving challenges others walk away from, we'd love to meet you.