What are the responsibilities and job description for the Retirement Plan Administrator position at Prime Pensions, Inc.?
Company Description
Prime Pensions, Inc. is a well-established actuarial and record-keeping firm specializing in 401(k), profit sharing, and defined benefit plans for employers of all sizes across the United States. Since 1975, the company has been recognized for its innovative plan designs and customized approach that accommodates various investments and plan types. With a strong commitment to accuracy and attention to detail, Prime Pensions ensures high-quality and personalized services through comprehensive oversight of all work. The company has been named one of the top defined contribution plan administrators and one of the Best Places to Work in New Jersey by NJBIZ.
Role Description
This is a full-time on-site role for a Retirement Plan Administrator, located in Florham Park, NJ. The role involves managing the administration of retirement plans, including performing compliance testing, preparing contribution calculations, and maintaining accurate plan records. The individual will work closely with clients to provide high-quality service, ensure adherence to legal and regulatory requirements, and facilitate smooth communication between clients and other financial professionals. Additional responsibilities include troubleshooting client issues, assisting in plan design recommendations, and supporting annual plan reviews.
Qualifications
- Comprehensive knowledge of Retirement Planning and Defined Benefit plans
- Experience with Defined Contribution plans and related compliance processes
- Attention to detail, analytical problem-solving skills, and the ability to work independently
- Proficient in Microsoft Office Suite, particularly Excel
- ASPPA or other industry-related certifications are a plus
- Bachelor's degree in Business, Finance, Accounting, or a related field is preferred up