Plan Administrator

Posted 3 Days Ago
Be an Early Applicant
11 Locations
In-Office or Remote
55K-70K Annually
Junior
Financial Services
The Role
The NQ Plan Administrator manages client non-qualified benefit plans, ensuring accuracy in record keeping and facilitating daily financial transactions. They respond to inquiries and maintain client relations.
Summary Generated by Built In

Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plansinsurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive.

Job Summary:  NQ Plan Administrator is an integral part of the client services team that plans, develops, delivers and services clients’ corporate non-qualified plans.

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

  • Perform duties to implement, track, monitor, and maintain client non-qualified benefit plan accounts, fund investments and distributions.
  • Responsible for developing and maintaining full understanding of day to day workflow processes required for client plans assigned.
  • Facilitate daily transactional activity with the Trustee and trading desk.
  • Serve as initial escalation point for participant call center inquires, and has responsibility for responding in accordance with published standards while acting as a liaison with the client and Newport to ensure accuracy of plan recordkeeping and data.

Management Responsibilities

  • None

Required Education, Experience and Certificates, Licenses, Registrations

  • Bachelor’s degree in a business related field or industry experience, or a combination of education and industry experience.
  • 2+ years’ experience working in a related position in the retirement services sector.
  • Strong MS Office skills to include Excel, Word, PowerPoint, and Adobe.
  • Have the ability to work under pressure in a very fast paced environment and demonstrated track record of consistently meeting and/or exceeding performance expectations.

Preferred (but not required) education or skills for this role

  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. 
  • Ability to write reports, business correspondence, and procedure manuals.
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Ability to apply advanced mathematical concepts utilizing current spreadsheet and accounting database software programs.

Competencies

  • Analytical
  • Avid Leaner
  • Detail oriented
  • excellent verbal and written communication skills
  • Planning and organizing
  • resourceful
  • team plalyer
  • Time Management

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

The national average salary range for this role is $55-70k in base pay, exclusive of any bonuses and benefits. This base salary range represents the low and high end of the salary range for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis.  Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc.  For more information, please visit careers.ascensus.com/#Benefits. 

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Skills Required

  • Bachelor's degree in a business related field or industry experience
  • 2+ years' experience in the retirement services sector
  • Strong MS Office skills including Excel, Word, PowerPoint, and Adobe

Ascensus Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ascensus and has not been reviewed or approved by Ascensus.

  • Flexible Benefits Flexible and remote options are positioned as a meaningful part of the overall rewards experience and can help offset base-pay concerns for some roles.
  • Healthcare Strength Healthcare coverage is presented as broad and modern, including medical, dental, vision, mental-health resources, and navigation support programs.
  • Parental & Family Support Family-oriented benefits stand out through paid parental leave and practical supports like breast-milk shipping for traveling, breastfeeding employees.

Ascensus Insights

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The Company
HQ: Dresher, PA
4,629 Employees
Year Founded: 1980

What We Do

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. We’re also one of the savings plan industry’s leading providers of outsourced services. Our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com.

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