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Retirement Plans Jobs (NOW HIRING)

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right ...

Sr. Benefits Analyst, Retirement Plans Work Mode: Onsite Location:  Onsite, four days per week - Kohler, WI Opportunity Reporting to the Director of US Benefits, the Sr. Employee Benefits Analyst ...

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Sr. Benefits Analyst, Retirement Plans

Kohler, WI · On-site

$73K - $96K/yr

Onsite, four days per week - Kohler, WI Opportunity Reporting to the Director of US Benefits, the Sr. Employee Benefits Analyst - Retirement Plans is a key member of the Kohler Co. Global Benefits ...

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Retirement Plans information

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$31.5K

$62.7K

$100K

How much do retirement plans jobs pay per year?

As of Aug 22, 2026, the average yearly pay for retirement plans in the United States is $62,680.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,000.00 and $66,000.00 per year, depending on experience, location, and employer.

What is a retirement plan?

Retirement plans are financial arrangements designed to help individuals save and invest money for their retirement years. These plans can be sponsored by employers, such as 401(k) and pension plans, or set up individually, like IRAs (Individual Retirement Accounts). Contributions to these plans may offer tax advantages, and the funds grow over time to provide income after retirement. Choosing the right retirement plan depends on factors like employment status, income, and retirement goals.

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

To thrive as a Retirement Plans Specialist, you need a solid understanding of retirement plan regulations (such as 401(k) and IRA), financial analysis, and often a degree in finance or a related field. Familiarity with recordkeeping platforms, compliance systems, and certifications like ASPPA or CEBS are highly valuable. Strong interpersonal skills, attention to detail, and the ability to explain complex concepts clearly help distinguish top performers in this role. These skills ensure accurate plan administration, regulatory compliance, and effective client communication, which are crucial for maintaining trust and long-term relationships.

What types of teams or departments do retirement plans professionals typically collaborate with, and how does this impact daily responsibilities?

Retirement Plans professionals often work closely with payroll, human resources, compliance, and finance departments to ensure plan accuracy and regulatory adherence. Collaboration may also extend to external vendors, such as recordkeepers or investment advisors. This teamwork means daily tasks can include coordinating data transfers, resolving participant questions, and implementing process improvements. Strong communication skills and being detail-oriented are essential, as these interactions directly affect plan administration and participant satisfaction.

What is the difference between Retirement Plans vs Financial Advisors?

AspectRetirement PlansFinancial Advisors
Primary FocusDesigning and managing retirement savings optionsProviding comprehensive financial planning and investment advice
CredentialsOften require knowledge of retirement products and regulationsCertifications like CFP, CFA, or CPA
Work EnvironmentHR departments, financial institutions, or consulting firmsIndependent or firm-based financial planning firms
Industry UsageEmployer-sponsored retirement programs, insurance companiesFinancial planning, investment management

Retirement Plans focus on creating and managing specific retirement savings options, while Financial Advisors offer broader financial planning services, including investments, estate planning, and tax strategies. Both roles are essential in helping individuals secure their financial future but serve different functions within the financial industry.

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What cities are hiring for Retirement Plans jobs?

Cities with the most Retirement Plans job openings:

What are the most commonly searched types of Retirement Plans jobs?

The most popular types of Retirement Plans jobs are:

What states have the most Retirement Plans jobs?

States with the most job openings for Retirement Plans jobs include:

Infographic showing various Retirement Plans job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $62,680 per year, or $30.1 per hour.

Actuary - Cash Balance Plans/Retirement Plans

Alerus

Remote

$120K - $160K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


Alerus rating

7.4

Company rating: 7.4 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

106th of 171 rated banks


Job description

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.
CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus
ABOUT THE ROLE:
The Cash Balance Actuary assists sales team with design and communication of technical ERISA aspects of Cash Balance, Defined Benefit, and Defined Contribution plans. Produces and presents projections for new business proposals based on input from prospects and sales consultants. Able to explain Defined Benefit and Cash Balance funding strategies, PBGC and non-PBGC plans, limits and minimums, plan adoptions, and any new legislation. Manages a book of existing and newly implemented clients, including data review, testing, valuation preparation, and required government and regulatory filings.
WHAT YOU'LL BE DOING:
  • Utilize analytical software to review employee census data, existing 401(k) and Profit Sharing plan documents, and ownership data to design a Defined Benefit, Cash Balance, and/or 401(k)/Profit Sharing plan that fulfills the client's desires and objective while also complying with all the various limitations, coverage, and nondiscrimination testing requirements found in ERISA. These include, but are not limited to, benefit limitations of IRC 415, coverage requirements of IRC 410, nondiscrimination testing of IRC 401(a)(4), compensation limits of IRC 414, minimum benefits of IRC 401(a)(26), deduction rules of IRC 404, and all accompanying regulations.
  • Identify and implement changes and/or amendments needed to plan documents to address client needs and/or resolve client requests.
  • Monitor receipt of client's census information to prioritize completion of annual reporting requirements.
  • Coordinate and assist administrators with timely completion of discrimination compliance testing.
  • Provide input and guidance to colleagues assigned to administration for both a 401(k) and cash balance or defined benefit plan.
  • Provide internal training to Alerus Sales and Administration Staff.

WHAT YOU SHOULD HAVE:
  • Bachelor's degree or equivalent related experience as an enrolled actuary approved by the Joint Board for the Enrollment of Actuaries in Active Status
  • 10+ years of experience in complex defined contribution plan administration such as non-qualified plans, cross testing allocations, and other unique plan designs
  • Member of American Academy of Actuaries, Society of Actuaries and/or the American Society of Pension Professionals & Actuaries
  • Possess ASPPA's MSEA certification or equivalent
  • Ability to perform all aspects of retirement plan compliance testing and allocations with minimal review
  • Ability to prioritize tasks, manage multiple projects, and meet deadlines in a fast-paced environment
  • Excellent written/oral communication, organization, and client service skills required
  • Maintain professional working relationships with internal and external clients
  • Work independently and set priorities\
  • Excellent analytical and problem-solving skills with a high level of attention to detail
  • Advanced knowledge of Microsoft Word and Excel

WHAT WE BRING TO THE TABLE:
  • Competitive compensation including base salary, bonus and/or incentive opportunities.
  • Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.\
  • Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.
  • Learning and development resources for personal and professional career development, and advancement opportunities.
  • Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
  • Support for the communities we live in through paid volunteer time and a company donation match opportunity.

BASE PAY:
$120,000 - $160,000 per year based on experience. Candidates with extensive knowledge in the industry will be reviewed for an increased compensation range.
WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.
Alerus is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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