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Defined Contribution Plan Administrator Jobs (NOW HIRING)

PNC Bank

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 ...

Ascension

Retirement Administrator

$72K - $100K/yr

Collaborates with external vendors in order to administer and manage programs for highly ... Strong defined contribution plan and Non-Qualified Deferred Compensation plans. What You Will Need ...

PNC Bank

As a Defined Contribution Product Specialist within PNC's Institutional Asset Management ... Experience with non-qualified deferred compensation plan Chartered Financial Analyst (CFA ...

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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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Defined Contribution Plan Administrator jobs near you
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.
Director, Defined Contribution Senior Consultant, Fidelity Workplace Consulting

Director, Defined Contribution Senior Consultant, Fidelity Workplace Consulting

Fidelity Investments

Covington, KY

$110K - $222K/yr

Full-time

Medical, Retirement, PTO

Posted 28 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.

Do you excel at helping clients solve challenging issues? Do you have knowledge of the Defined Contribution Plan benefits industry? As part of our Data Consulting team, your work will help provide clients high quality, comprehensive and cost-effective quality solutions regarding their benefit programs.

The Role

The Director, Defined Contribution Senior Consultant is responsible for business development and overall service delivery of data consulting services to the client. The Senior Data Consultant will communicate directly with clients as well as participate in project status meetings with the Consultant. Additionally, they will work with the Consultant and the internal Fidelity team, as needed, in identifying and reviewing the client's data and custom administration needs and propose solutions to meet them. The Senior Data Consultant will be accountable for program management of the client assignment working in a deadline-oriented environment.

  • Building, managing and expanding client relationships by delivering a superior level of customer satisfaction with every engagement.

  • Leading the creation and delivery of value-add proposal to the client, up to and including client contract sign-off and approval.

  • Ensuring project team members deliver realistic project plans including scope, duration and effort.

  • Providing oversight to the program to ensure it is tracking to the strategy, plan and budget.

  • Identifying risk areas and lead team to appropriate solutions when obstacles are encountered.

  • Identifying, defining, obtaining, digesting and applying client specific benefit plan knowledge, inclusive of administrative procedures, systems configuration and data utilization.

The Expertise and Skills You Bring

  • 10 years of experience in a Defined Contribution benefit consulting, client management or an administration team manager role (corporate benefits, outsourcing or consulting firm)

  • 3 years of business development experience

  • 5 years focused on program/project management

  • Understanding of Defined Contribution plan benefits and record keeping administration is required. Defined Benefit, Stock Plan, Health Savings Account, Health and Welfare administration, payroll/HRIS systems experience is a plus.

  • You excel at leading the initial new business development process from prospecting to closure.

  • You have strong relationship management skills including relationship building, influencing, negotiation and a consultative approach.

  • You have strong problem solving and exceptional program management skills.

  • You have an expansive depth and breadth of the Defined Contribution industry.

The Team

The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic benefits. This is a fast-growing business within Fidelity, providing a broad variety of services that touch on every area of benefits design, strategy, funding, communication, and delivery! While we focus on working with the Fortune 1000, we also work with Fidelity clients of all sizes.

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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