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Defined Contribution Plan Administrator Jobs (NOW HIRING)

The Defined Contribution Investment Director leads the investment team within the AMG Investment ... This role is responsible for investment strategy, fiduciary oversight, retirement plan advisor ...

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Defined Contribution Plan Administrator information

What does a pensions administrator do?

A pensions administrator manages and maintains pension plan records, processes contributions and benefit payments, and ensures compliance with regulations. They often use specialized software and require attention to detail to handle member data accurately and efficiently.

How much does a 401k plan administrator make?

A 401(k) plan administrator's salary typically ranges from $50,000 to $85,000 annually, depending on experience, location, and employer size. Senior administrators or those with specialized certifications may earn higher salaries, and the role often requires knowledge of retirement plan regulations and administrative software.

What is the highest paid administrative job?

The highest paid administrative jobs are often executive-level roles such as Chief Administrative Officer or Chief Executive Officer, which can earn salaries in the high six or seven figures. These positions typically require extensive experience, leadership skills, and advanced education, and may involve overseeing multiple departments or organizations.

What is the difference between Defined Contribution Plan Administrator vs Recordkeeper?

AspectDefined Contribution Plan AdministratorRecordkeeper
Primary RoleOversees plan compliance, manages plan documents, and ensures regulatory adherenceMaintains participant records, processes transactions, and provides account statements
CredentialsTypically requires plan administration experience, possibly certifications like ERPAOften requires financial or recordkeeping certifications, familiarity with plan systems
Work EnvironmentConsulting firms, plan sponsors, financial institutionsFinancial institutions, third-party administration firms

While both roles support retirement plans, the Defined Contribution Plan Administrator focuses on plan compliance and management, whereas the Recordkeeper handles participant data and account processing. They work closely but serve distinct functions within the retirement plan ecosystem.

Who is the plan administrator of a defined benefit plan?

The plan administrator of a defined benefit plan is typically an employer, a plan sponsor, or a designated third-party administrator responsible for managing plan operations, ensuring compliance, and maintaining records. They oversee plan funding, participant communications, and regulatory filings, often working with financial and legal professionals. The administrator's role is crucial for the plan's proper administration and adherence to federal regulations such as ERISA.

What are some typical challenges a Defined Contribution Plan Administrator may face when managing multiple client plans?

Defined Contribution Plan Administrators often manage several client plans simultaneously, which can present challenges such as keeping up with frequent regulatory changes, ensuring timely and accurate processing of contributions, and addressing unique plan design requirements for each client. Balancing these responsibilities requires strong organizational skills, attention to detail, and effective communication with both internal teams and external clients. Staying updated on compliance deadlines and proactively resolving discrepancies are key to maintaining client satisfaction and plan integrity.

What is a Defined Contribution Plan Administrator?

A Defined Contribution Plan Administrator is a professional responsible for overseeing and managing employer-sponsored retirement plans, such as 401(k) or 403(b) plans. Their duties include ensuring the plan complies with government regulations, handling participant enrollments, processing contributions and distributions, and preparing required reports. They also serve as a liaison between plan participants, employers, and service providers to address questions and resolve issues. The administrator plays a crucial role in maintaining the plan's operational integrity and ensuring participants' retirement savings are managed accurately.

What are the key skills and qualifications needed to thrive as a Defined Contribution Plan Administrator, and why are they important?

To thrive as a Defined Contribution Plan Administrator, you need a strong understanding of retirement plan regulations, compliance, and plan design, typically supported by a degree in finance, accounting, or a related field. Proficiency with recordkeeping systems, payroll software, and knowledge of relevant IRS and ERISA regulations, as well as credentials like the QKA (Qualified 401(k) Administrator) certification, are highly valued. Attention to detail, analytical thinking, and strong client communication skills set top performers apart in this role. These skills and qualities ensure accurate plan administration, regulatory compliance, and effective service to plan sponsors and participants.
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What states have the most Defined Contribution Plan Administrator jobs? States with the most job openings for Defined Contribution Plan Administrator jobs include:
Infographic showing various Defined Contribution Plan Administrator job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 11% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution.
Defined Contribution Senior Consultant

Defined Contribution Senior Consultant

Fidelity Investments

Westlake, TX • On-site

$110K - $222K/yr

Full-time

Medical, Retirement, PTO

Posted 4 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 266 frontline employees who took The Breakroom Quiz

17th of 148 rated financial services


Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

As a Sr. Consultant in Workplace Consulting (Retirement Practice), you will be consulting with large defined contribution clients on strategies to align retirement benefit programs with business objectives and goals under overarching ERISA or other regulatory requirements. This includes facilitating strategic discussions with clients to understand their business and employee benefit programs, as well as project development, implementation, and delivery. While working in a team-focused and dynamic work environment, you will have an opportunity to apply your skills to help engage associates and encourage a satisfying and productive work atmosphere. Additionally, you may be involved with creative solutioning for new and prospective clients to the firm and growing existing client relationships.

You bring a unique blend of resilience, initiative, and critical thinking that enables you to thrive in fast-paced, ambiguous environments. A self-starter who takes ownership of challenges and opportunities alike, with a strong predisposition toward action and continuous improvement.

  • High-reaching and Creative: Approach problems with curiosity and creativity, always looking for innovative solutions and new ways to add customer value.

  • Standout Colleague: Work well across teams, valuing varied perspectives and encouraging a culture of trust and shared success.

  • Resourceful and Organized: Adept at balancing multiple priorities-while staying focused and organized.

  • Proactive and Curious: Take initiative, ask thoughtful questions, and actively seek out learning opportunities to grow.

  • Thrive in ambiguous situations: Succeed in settings where the direction may not be straightforward, relying on astute reasoning and flexibility to maneuver through uncertainty.

  • Strong Communicator: Bring clarity and confidence to both written and verbal communication, ensuring alignment and momentum across collaborators.

  • Leadership-Oriented:Held leadership roles that required vision, accountability, and the ability to inspire and mobilize others toward a common goal.

The Expertise and Skills You Bring

  • Bachelor's Degree, preferably in mathematics, economics, business, or another quantitatively thorough subject

  • 12+ years of experience in retirement benefits industry and/or consulting large companies. QKA, QKC, CPC or CEBS exams (a plus)

  • Well-practiced knowledge of qualified Defined Contribution plan program design, legislative and regulatory requirements (ERISA/ IRS/DOL), and plan administration

  • Experience and/or strong understanding in ascertaining employer plan allocations (e.g., match, true-up and/or non-elective contributions) and performing annual nondiscrimination testing for defined contribution plans

  • Experience with reading and interpreting qualified plan documents, SPDs, and other required employee benefit plan material

  • Experience in leading client relationships, and identifying opportunities to grow those relationships

  • Experience with IRS/DOL self-corrections correction programs (e.g. EPCRS)

  • Strong capability to balance and prioritize multiple projects in a fast-paced work environment

  • Strong critical thinking and problem-solving skills

  • Strong oral and written communication skills

  • Outstanding partnership skills and ability to inventively influence others across groups

The Team

The Fidelity Workplace Consulting Group is made up of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, offering a broad range of services that span benefits design, strategy, funding, communication, and delivery. Many of our team leaders bring experience from other leading consulting firms. While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $110,000-$222,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:Category:Consulting

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