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Defined Contribution Plan Jobs (NOW HIRING)

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Defined Contribution Plan information

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$30.5K

$68.9K

$146K

How much do defined contribution plan jobs pay per year?

As of Jul 7, 2026, the average yearly pay for defined contribution plan in the United States is $68,945.00, according to ZipRecruiter salary data. Most workers in this role earn between $47,500.00 and $80,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by professionals managing Defined Contribution Plans, and how can they be addressed?

Professionals managing Defined Contribution Plans often encounter challenges such as ensuring regulatory compliance, educating plan participants about investment options, and keeping up with evolving technology platforms. Addressing these issues typically involves ongoing professional development, collaborating closely with legal and compliance teams, and leveraging participant education programs. Success in this role also relies on strong communication skills and the ability to adapt to changing retirement plan regulations and industry best practices.

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

AspectDefined Contribution PlanRetirement Plan Administrator
Primary RoleDesigns, manages, and oversees individual employee retirement accountsAdministers and processes retirement plan operations and compliance
CredentialsFinancial certifications (e.g., CFP, CFA) often preferredPlan administration certifications (e.g., ERPA, CPFA) beneficial
Work EnvironmentFinancial institutions, HR departments, consulting firmsFinancial services firms, HR departments, third-party administrators
Employer UsageEmployers offer and manage contribution plans like 401(k)Employers rely on administrators for plan compliance and recordkeeping

The main difference is that a Defined Contribution Plan refers to the type of retirement savings plan, while a Retirement Plan Administrator is a professional who manages and processes these plans. The administrator ensures compliance, accurate recordkeeping, and smooth operation of the plan, whereas the plan itself defines how contributions are made and benefits are accrued.

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

To excel as a Defined Contribution Plan Administrator, you need a solid understanding of retirement plan regulations, compliance, and benefits administration, often backed by a degree in finance, business, or a related field. Familiarity with recordkeeping systems, payroll software, and compliance tools such as ERISA guidelines and ASPPA or CEBS certifications is typically required. Attention to detail, analytical thinking, and effective communication are critical soft skills for managing complex plan data and client interactions. These skills ensure accurate plan administration, regulatory compliance, and strong client satisfaction in a highly regulated environment.

What are Defined Contribution Plans?

Defined Contribution Plans are retirement savings plans in which employees, employers, or both make regular contributions to individual accounts. The final benefit depends on the amount contributed and the investment performance of those funds over time. Common examples include 401(k), 403(b), and 457 plans. Unlike defined benefit plans, which promise a specific payout at retirement, defined contribution plans do not guarantee a particular retirement benefit, making investment choices and account management important for participants.
More about Defined Contribution Plan jobs
What cities are hiring for Defined Contribution Plan jobs? Cities with the most Defined Contribution Plan job openings:
What states have the most Defined Contribution Plan jobs? States with the most job openings for Defined Contribution Plan jobs include:
What job categories do people searching Defined Contribution Plan jobs look for? The top searched job categories for Defined Contribution Plan jobs are:
Defined Contribution Administration Manager

Defined Contribution Administration Manager

Definiti

Erie, PA โ€ข On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Job description

Job Type
Full-time
Description
Why join our team at Definiti? If you enjoy tackling challenges and believe in delivering exceptional client service, Definiti may be perfect for you. You can make a difference by helping to improve and secure many retirements, while also helping to grow a dynamic organization. Most roles are fully remote, so you need to be comfortable using technology, be productive in a home office with a reliable internet connection to stay in touch with your team and deliver high-quality service to our clients. Definiti supports your professional growth through comprehensive training and industry credentials and certifications.
Definiti is a national retirement services company that helps clients manage and administer their retirement plans. We help clients define what's possible and what's next for their retirement plans.
PURPOSE OF POSITION
The Defined Contribution Administration Manager is a role designed for a motivated, detail-oriented retirement plan professional with strong leadership skills. The Manager will oversee a team of retirement plan administrators and be responsible for managing workflow and ensuring deadlines, service, and compliance expectations are met.
PRIMARY DUTIES AND RESPONSIBILITIES
  • Manage a team of 8 to 15 retirement plan administrators
  • Motivate, lead, and support team members to provide excellent customer service while meeting internal and regulatory deadline
  • Interface with other DC Administration Managers on a regular basis to coordinate continuous and holistic process improvement
  • Clearly document processes and update as needed
  • Assist and support company goals and objectives
  • Resolve and provide solutions for internal questions and issues that arise within team
  • Communicate with clients, financial advisors, CPAs, and other professionals on escalated service or compliance related items regarding your team
  • Develop alternatives that will improve efficiency, make recommendations for changes, and assist in implementing changes to the DC administration team
  • Train and mentor staff members. Be a subject matter expert in compliance testing and industry knowledge
  • Monitor team productivity and deadlines
  • Assist team with FTW and Pension Pro software related questions surrounding plan administration
  • Point of contact for a small block of key client relationships on the team
  • Review and consult on plan sponsor requests and administration
  • Lead special projects and initiatives as needed
  • Perform annual performance reviews and set personal goals for team members to achieve

Requirements
COMPETENCIES REQUIRED
โ€ข Excellent knowledge of ADP/ACP, 415, 410(b), Top Heavy and 401(a)(4) non-discrimination testing
โ€ข Ability to manage staff located in remote locations
โ€ข Coach, motivate, and mentor employees to achieve company goals in a results-oriented team environment
โ€ข Key contributor to the improvement of the company's operations processes and procedures
โ€ข Must be detailed and possess strong organizational skills
โ€ข Time management focused adhering to deadlines and timelines
โ€ข Ability to analyze a situation and provide solutions
โ€ข High proficiency with Microsoft Office applications
โ€ข Demonstrated excellence in written and verbal communication
โ€ข Conveys a professional and positive attitude while leading a team in a fast-paced environment
EDUCATION AND QUALIFICATIONS
โ€ข High school diploma or GED required
โ€ข Bachelor's degree preferred
โ€ข 5+ years in retirement industry (TPA) with demonstrated career growth, having taken on increasing responsibilities, contributing to strategic goals and objectives, assisting and training employees and helping shape company processes and procedures
โ€ข 2+ years in a supervisory, team lead or management position within the retirement plan industry
โ€ข Accustomed to using Microsoft Teams or virtual-meeting applications to work with colleagues regularly on video and use the chat feature for quick communications
โ€ข Proven handling of client and financial advisor escalation
โ€ข FTW and Pension Pro software preferred
โ€ข Broad knowledge of the retirement plan industry, ASPPA and/or NIPA credentials preferred
โ€ข Occasional travel limited to a few times a year
REMOTE WORKING REQUIREMENTS
As a remote-first company, we have compiled expectations for a successful remote work environment:
  • Ability to build rapport with others remotely while working productively with limited in-person interaction
  • Have access to a reliable and consistently strong, high-speed internet connection suitable for remote work. A stable, high-speed internet connection is essential for effective communication, collaboration, and productivity while working remotely
  • Designate a quiet, and well-lit space free of as many distractions as possible
  • Be online and available to work during designated business hours in local time zone
  • Accustomed to using Microsoft Teams (or similar virtual-meeting applications) to meet with colleagues regularly on video and use the chat feature for quick communications. We utilize many Microsoft Teams features (such as Channels and file storage) for announcements, relevant conversations, and file sharing. Familiarity with Microsoft Teams is a plus
  • Accustomed with file-storage and file-sharing tools such as Microsoft SharePoint

BENEFITS
Definiti has a dynamic, growth-focused culture, and we are committed to offering attractive employee-centric benefits, including:
  • A virtual-first work philosophy for most jobs
  • 401(k) with up to 4% match
  • Flexible PTO allows you to take the time you need for wellness, vacations, and personal matters. We foster a trusting environment where employees manage their workloads responsibly. Time off doesn't accrue.
  • 12 paid holidays, 2 paid floating holidays, and your birthday is a holiday
  • Paid Parental Leave
  • A variety of medical, dental and vision plan options including Definiti subsidized premiums
  • Company-paid life insurance and short-term disability insurance
  • Bonus plan eligibility