KSOP Senior Administrator

Posted 10 Days Ago
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Minneapolis, MN, USA
In-Office
Senior level
Insurance • Professional Services • Consulting • Financial Services
The Role
Manage all aspects of retirement plan administration for assigned KSOP/401(k) plans, consult with sponsors/advisors, read plan documents, calculate contributions and refunds, perform compliance testing, complete Form 5500/5500-SF/5330, and assist clients with operational corrections.
Summary Generated by Built In

Description

 Want to use your skills to positively impact a fast-paced, growing business?
Looking to advance your career in an entrepreneurial environment?

 We are a professional services firm that provides third-party retirement plan administration services for companies that sponsor Employee Stock Ownership (ESOP) and 401(k) Plans. We have offices in Charlottesville, VA, Columbia, MD, Pasadena, CA, Columbus, OH, Westchester, IL and Maple Grove, MN, although our client base is nationwide. We are the leading ESOP recordkeeping and administration services firm in the country, and we are rapidly growing our 401(k) and defined benefit retirement plan business. We are seeking sharp, detail-oriented, dedicated individuals to join our team

We are hiring KSOP Senior Administrators

KSOP Senior Administrators are responsible for all aspects of retirement plan administration for an assigned group of retirement plans.

Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Manage all aspects of administration for an assigned block of plans.
  • Consult with plan sponsors and advisors regarding plan related matters
  • Ability to read and interpret plan documents
  • Calculate employer contributions (including cross-tested contributions)
  • Perform all annual compliance testing 
  • Calculate and process refunds (including 415 refunds)
  • Complete Form 5500, Form 5500-SFs, and Form 5330.
  • Assist clients with the correction of operational issues

Requirements

  • Bachelor's degree preferred.
  • 5+ years of A-Z administration is required
  • Experience working “unbundled” with national daily recordkeeping platforms is required
  • Experience with ASC, Relius, Datair, or FT Williams is required.
  • Experience with Pension Pro is a plus, but not required   
  • ESOP/KSOP knowledge is required
  • Experience using Microsoft Word, Excel, Outlook, and the ability to learn new software quickly    
  • Excellent oral and written communication skills
  • Self-starter, details oriented, motivated
  • Excellent organization, prioritization, and problem-solving skills.
  • QKA professional designation is desired or willingness to obtain
  • Must be able to provide and maintain a distraction-free work environment, a professional workspace, and reliable high-speed internet connection. 

Benefits:

We offer challenging work, a competitive salary, and an outstanding opportunity for career growth for the right candidate. Our comprehensive benefits package includes medical, dental, vision, life, disability, FSA, HSA with company contribution, 401(k) with company match, parental leave, paid time off and education/association dues assistance.   

We work hard, but we also have fun. As a Blue Ridge Associates employee, you will be a part of a company that supports charitable activities through fundraising and volunteer work. You'll enjoy quarterly virtual Happy Hours, Monthly Birthday Celebrations and Annual Social gatherings where we celebrate our successes. You'll have opportunities to shine by joining one of our committees: Charitable Action, Employee Engagement, Communications, Process Improvements or by volunteering for a special project that calls your name. And your hard work might just be enough to earn you a Star Award at our annual company meeting. Come join us!

Don't miss this opportunity to become a part of our dynamic organization!

Equal Opportunity Employer

Must be authorized to work in the US.

Skills Required

  • Bachelor's degree
  • 5+ years of A-Z retirement plan administration
  • Experience working unbundled with national daily recordkeeping platforms
  • Experience with ASC, Relius, Datair, or FT Williams
  • Experience with Pension Pro
  • ESOP/KSOP knowledge
  • Experience using Microsoft Word, Excel, Outlook and ability to learn new software quickly
  • Excellent oral and written communication skills
  • Self-starter, detail-oriented, motivated
  • Excellent organization, prioritization, and problem-solving skills
  • QKA professional designation or willingness to obtain
  • Ability to provide and maintain a distraction-free professional workspace and reliable high-speed internet
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The Company
0 Employees

What We Do

Transition Finance Strategies LLC, doing business as Blue Ridge ESOP Associates, is a leading professional services firm specializing in the administration and recordkeeping of Employee Stock Ownership Plans (ESOPs) and 401(k) plans. The company provides technology-enhanced solutions to help businesses share success with their employees, empowering them to build lasting financial security and independence through comprehensive retirement plan management and communication services.

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