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Retirement Plan Processor Jobs in Elmhurst, IL (NOW HIRING)

Foley & Lardner LLP

Manager, Retirement Plan

Chicago, IL · Hybrid

$116K - $175K/yr

Support retirement committee activities, governance processes, plan reviews, and participant communications. * Develop reporting, metrics, and analyses to support decision-making and program ...

Retirement Plan Advisors

Be Seen First

Accountant II / III

Chicago, IL · On-site

$90K - $125K/yr

Company Description Retirement Plan Advisors (RPA) provides investment consulting and advisory services to plan sponsors and participants, with a focus on the public sector. We act as a 3(21) or 3(38 ...

ASCENSUS

Retirement Service Consultant

Chicago, IL · On-site

Retirement Service Consultant Hiring Position Purpose: This position is responsible for providing ... Educate client regarding plan features, product capabilities or Ascensus functionality and process.

ASCENSUS

Retirement Service Consultant

Chicago, IL · On-site

Educate client regarding plan features, product capabilities or Ascensus functionality and process ... Minimum of 1-3 years direct client experience required, Retirement Services industry experience ...

Strongpoint Partners

DC Plan Administrator

Chicago, IL · On-site +1

$75K - $95K/yr

... Retirement Planners and Administrators ("RPA"), Pension Financial Services ("PFS"), Pollard ... This role has support with loans and distributions processing, plan documents, and new plan ...

The Salvation Army

Store Processor

Lincolnshire, IL · On-site

$15/hr

Store Processor - The Salvation Army Thrift Store About The Salvation Army The Salvation Army is an ... Part-Time Benefits Package Insurance & Financial Benefits * 403(b) retirement savings plan ...

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Retirement Plan Processor information

See Elmhurst, IL salary details

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How much do retirement plan processor jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for retirement plan processor in Elmhurst, IL is $16.67, according to ZipRecruiter salary data. Most workers in this role earn between $13.41 and $19.13 per hour, depending on experience, location, and employer.

What does a retirement plan processor do?

A Retirement Plan Processor is responsible for handling the administrative tasks related to retirement savings plans, such as 401(k)s and pension plans. They process participant transactions like enrollments, contributions, distributions, and rollovers, ensuring compliance with federal regulations and plan rules. The role also involves maintaining accurate records, communicating with plan participants, and assisting with audits or reporting requirements. Attention to detail and knowledge of retirement plan laws are important in this position.

What are the key skills and qualifications needed to thrive as a retirement plan processor, and why are they important?

To thrive as a Retirement Plan Processor, you need a solid understanding of retirement plan regulations, attention to detail, and experience in financial or benefits administration, often supported by a relevant degree. Familiarity with recordkeeping platforms, compliance software, and proficiency in Microsoft Excel are typically required, and ASPPA or related certifications are advantageous. Strong organizational skills, effective communication, and problem-solving abilities help you excel in managing complex transactions and client inquiries. These skills and qualifications ensure accurate processing, regulatory compliance, and high-quality client service in a detail-oriented environment.

What are some common challenges faced by retirement plan processors, and how can they be effectively managed?

Retirement Plan Processors often encounter challenges such as interpreting complex plan documents, ensuring compliance with evolving regulations, and managing tight deadlines for contributions and distributions. Staying detail-oriented and organized is crucial, as is keeping up-to-date with regulatory changes through ongoing training. Collaborating closely with compliance teams and utilizing robust workflow management tools can help address these challenges and ensure accuracy in daily processing tasks.

What is the difference between Retirement Plan Processor vs Retirement Plan Administrator?

AspectRetirement Plan ProcessorRetirement Plan Administrator
CertificationsTypically requires industry-specific certifications or trainingOften holds certifications like CFP or CPFA
Work EnvironmentMostly in office, handling transactions and data entryInvolves oversight, client interaction, and compliance
Employer & Industry UsageCommon in financial services, retirement plan providersUsed in larger firms managing multiple plans
Primary ResponsibilitiesProcessing contributions, distributions, and account updatesPlan oversight, compliance, and client communication

The main difference is that Retirement Plan Processors focus on executing transactions and data entry, while Retirement Plan Administrators oversee plan compliance and client relations. Both roles are essential in the retirement industry but differ in scope and responsibilities.

What job categories do people searching Retirement Plan Processor jobs in Elmhurst, IL look for?

The top searched job categories for Retirement Plan Processor jobs in Elmhurst, IL are:

What cities near Elmhurst, IL are hiring for Retirement Plan Processor jobs?

Cities near Elmhurst, IL with the most Retirement Plan Processor job openings:

Retirement Plan Processor jobs near you

Retirement Plan Administrator

Strongpoint Partners

Chicago, IL • On-site, Remote

$65K - $85K/yr

Full-time

Re-posted 12 days ago

Job description

Who we are:

Strongpoint Partners is tech-enabled retirement services platform serving small- to mid-sized businesses with integrated retirement third party administration, recordkeeping, payroll, and HR solutions. Recognized as one of Inc. 5000's Fastest Growing Private Companies in America and certified as a Great Place to Work, Strongpoint offers a suite of services that prioritizes accuracy, compliance, and reduction of regulatory risk for its clients, delivered by local client success teams that understand the nuances of the markets they serve. With a coast-to-coast network of 19 leading firms including HowardSimon ("HSR"), Jocelyn Pension Consulting ("JPC"), Retirement Strategies Group ("RSG"), Retirement Planners and Administrators ("RPA"), Pension Financial Services ("PFS"), Pollard & Associates ("PA"), Carlson Quinn ("CQ"), SI GROUP ("SIG"), Retirement Planning Consulting Group ("RPCG"), Karel-Gordon & Associates ("KGA"), Cash Balance Actuaries ("CBA"), Pension Consultants, Inc. ("PCI"), Actuaries Unlimited ("AUI"), California Retirement Plans ("CRP"), Benefit Equity ("BEI"), United Benefit Pensions, Inc. ("UBP"), Creative Retirement Systems ("CRS"), Associated Pension Consultants ("APC"), Allied Consultants, Inc. ("ACI"), American Retirement Plan Services, LLC ("ARPS"), and SMS Retirement ("SMS"). Strongpoint Partners combines a relentless passion for service and innovation with the experience and expertise required to make retirement work for everyone. For more information, please visit: www.strongpointpartners.com.

Position Summary:

Strongpoint Partners is seeking a skilled Retirement Plan Administrator who will take full ownership of a caseload of approx. 65–75 retirement plans. The right candidate will be confident in administering 401(k) and cross-tested plans from start to finish, have a strong command of compliance testing, and possess a detail-oriented, client-focused approach. This position offers an excellent opportunity for a self-starter who thrives in a remote work environment and is excited to grow with a firm that values innovation and excellence in client service.

PLEASE NOTE: This is a fully remote position and can be performed from anywhere within the United States. We are committed to supporting a flexible work environment and welcome candidates from all U.S. time zones.

Key Responsibilities:

  • Manage and perform A-Z administration (plan design, compliance testing, client service, etc.) of a simple to mid-level complex caseload and sensitive client cases
  • Serve as a guide to other plan administrators in supporting client requirements
  • Initiate and participate in process improvements
  • Complete leadership and/or project management courses
  • Provide strategic guidance and assist in defining strategic goals
  • Efficiently utilize technology to perform the duties of this position
  • Attend staff meetings and trainings as requested
  • Maintain team approach by assisting in areas appropriate for this position
  • Own stewardship of all assigned business relationships
  • Perform other duties as assigned

Minimum Requirements:

  • Bachelors degree from an accredited college or university or equivalent.
  • 3-5+ years of A-Z retirement plan administration experience with defined contribution plans.
  • 3-5+ years of client services experience.
  • Proficiency in Word, Excel, PowerPoint, Outlook, CRM software.
  • Must be organized and detail-oriented.
  • Exceptional approach to client service focusing on communications, timely solutions, and client needs.
  • Team player, collaborative, able to work with and through others.
  • Strong verbal and written communication skills.
  • Ability to work well under pressure with multiple priorities and deadlines.
  • Excellent analytical and problem-solving skills.
  • Ability to act with integrity, be proactive with client needs, seek to continuously improve service, constantly focus on professional growth and work collaboratively with the entire team.

Preferred Requirements:

  • QKA and/or QPA, (or similar industry certification), preferred.
  • Experience with DB/CB plans and/or Combo plans, preferred.

Pay Transparency Statement:

The anticipated pay range for this position is $65,000-$85,000 annually.

At Strongpoint Partners, our salary ranges reflect the minimum and maximum base pay for the posted position applicable to all locations across the US. Within the posted salary range, individual pay is determined by the geographic location, job related skills, experience, education, and certifications. Our total compensation package includes base pay plus a comprehensive benefits program.

Our Value-Driven Employee Experience:

  • Flexible Workplace – Hybrid and remote options available for many roles.
  • Flexible PTO – Competitive paid time off, including flexible & unlimited options.
  • Inclusive Environment – A culture that values diversity, collaboration, and respect.
  • Growth Opportunities – Support for ongoing learning and career development.
  • Comprehensive Benefits – Health, dental, vision, life, and disability coverage.
  • Workplace Perks – Incentive bonus programs, flexible hours, & more.

**Specific benefits and programs may vary by partner and position.