Manager of Defined Benefit Administration (Remote)

Company: MP RPO
Location: New York
Posted on: March 29, 2025

Job Description:

JOB SUMMARY:The Manager of Defined Benefit Administration will prepare and review actuarial valuations and administration for large Defined Benefit and Cash Balance plans. Additionally, the Manager, DB Administration will provide consulting to large plan Defined Benefit plan sponsors.ESSENTIAL RESPONSIBILITIES:

• Prepare actuarial valuations and non-discrimination testing pursuant to ERISA guidelines and IRS procedures. Perform contribution calculations to optimize tax savings.
• Perform non-discrimination testing, such as Participation Testing (401(a)(26)), Coverage Testing (410(b)), General Testing (401(a)(4)), etc.
• Prepare earned income calculations, as necessary, for self-employed Plan Sponsors.
• Prepare asset reconciliations, including trust accounting, as necessary.
• Prepare necessary government filings pursuant to IRS/DOL guidelines and requirements, including but not limited to Forms 5500 and Schedule SB.
• Provide superior client service.
• Prepare calculation of retirement distribution benefits.
• Prepare PBGC filings and notices.
• Track upcoming deadlines and follow up with clients for data.
• Familiarity with Cash Balance plans is a plus.OUR IDEAL CANDIDATE HAS:
  • Education: Bachelors Degree required
  • Experience: 5+ years of experience administering small Defined Benefit plans.
  • Skills/Knowledge: Strong computer literacy, including Excel, Word, and Adobe. Strong organizational and problem-solving skills, with the ability to track multiple tasks and issues, set goals and prioritize tasks in a fast-paced environment. Excellent verbal and written communication skills. Must be dependable and able to work both independently and with direction.
  • Desired, but not required: Enrolled Actuary (EA) highly preferred! Working knowledge of Proval and FtWilliam. Industry-related credentials such as the SOA or ASPPA preferred.ABOUT OUR CLIENT:MP's client is a leading provider of retirement plans and fiduciary outsourcing solutions nationwide. As one of America's oldest independent fiduciaries, they deliver retirement plans that run with less risk, greater efficiencies and improved outcomes. With an 80-year legacy of fiduciary expertise and oversight unmatched in the industry today, they partner with firms at the advisor, sponsor and enterprise level to bring maximum flexibility to every opportunity, offering a comprehensive array of retirement plan solutions, plan consulting, TPA services and fiduciary support.ADDITIONAL INFORMATION:
    • Compensation Range: $115,000 - $135,000 per year
    • Location: Fully remote position within the United States.
    • Benefits: Medical, Dental, Vision, Retirement Plan and more!
    • Reports to: VP of Actuarial Technical Services
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Keywords: MP RPO, New York , Manager of Defined Benefit Administration (Remote), Executive , New York, New York