Retirement TPA - Defined Benefits

This is a remote position.

MGKS – Phoenix, Arizona

Retirement Plan Administrator - Defined Benefit

Company: With thousands of clients in Arizona and hundreds of others scattered throughout the United States, MGKS has figured out a thing or two about retirement solutions for businesses of any size. We have dedicated the past 30 years to helping business owners implement retirement plans that meet their objectives, control costs, and give employees a sense of security. Our goal as a third party administrator is to take the confusion and frustration out of a retirement plan and to provide consulting and technical expertise to empower you to make better decisions. If you are a high energy, self-driven individual looking for a career home in a dynamic, fast-moving organization; we should talk!

MGKS is seeking an experienced DB Retirement Plan Administrator. The successful candidate will be responsible for maintaining solid customer relationships by performing all day-to-day work that is required for retirement plan administration. The ideal candidate will have DB pension/retirement plan administration experience, strong attention to detail, and superior customer service skills. The candidate must also have excellent organizational, communication, and problem-solving skills.

The position offers a competitive salary and benefits package. In-office, hybrid, or remote work options are available.

Job Description: The candidate must:

• Handle all aspects of qualified retirement plan administration for Defined Benefit Plans for assigned caseload
  

• Perform partial annual administration on assigned DC plans (part of combo DB-DC plans)
  

• Perform full annual administration for DB plans, including preliminary actuarial valuation and the contribution calculations for review by actuary
  

• Complete annual trust accounting and plan valuations including Form 5500 and all required schedules
  

• Perform 416, 401(k), 401(m), 410(b), 401(a)(4) and 415 tests
  

• Calculate employer contributions, determine participant eligibility and allocate earnings and contributions, and review all plan distributions
  

• Resolve any plan, transaction, and/or distribution issues by clarifying, determining the root cause, selecting and explaining the best solution, and expediting correction or adjustment; following up to ensure resolution
  

• Communicate plan changes to clients, advisors, CPA’s, and/or ERISA attorneys
  

• Display a positive, team-oriented attitude to help create a friendly environment for clients and team members
  

Requirements: The candidate will:

• Have 5 or more years Defined Benefit administration experience including both calculation work and client communications
  

• Hold a Bachelor’s Degree or have comparable professional work experience
  

• Demonstrate strong understanding of all facets of Defined Benefit plan administration
  

• Have the ability to multi-task and solve complex problems in a fast paced, deadline driven environment; handling all requests in a confidential and professional manner
  

• Possess strong financial acumen and the ability to put accounting principles into practice
  

• Demonstrate strong customer focus and an excellent phone manner
  

• Have strong attention to detail, organization, multi- tasking, and follow up skills
  

• Demonstrate superior interpersonal, written and verbal communication skills
  

• Thrive in a team environment and be a positive team member
  

• Have technology and computer proficiency in Microsoft Office and ASC, FT William & PensionPro experience helpful
  

• ASPPA or NIPA designation helpful; willingness to pursue pension actuarial credentials strongly preferred
  

No phone calls to MGKS, please.