Retirement Account Administrator - PEP Specialty
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:
This role with assist with the Pooled Employer Plan assigned clients, previous experience with PEP's would be preferred. Help foster a cohesive service team by directing workflow, supporting strong communication and displaying good judgment and leadership to ensure the proper administration of all plans. Responsible for client service, compliance and Form 5500 reporting of an assigned group of retirement plans typically 70-75 plans.
WHAT YOU’LL BE DOING:
Monitor receipt of plan census data to prioritize completion of non-discrimination testing and/or Form 5500 reporting for an assigned book of business.Work with Manager/Senior Account Administrator to resolve technical, service, and compliance issues to ensure client satisfaction.Understand and interpret plan document and contract provisions and apply experience to situational problem resolution.Facilitate plan amendment requests.Ensure all assigned compliance work is completed accurately and within prescribed time standards.Research items pertaining to Form 5500 and non-discrimination testing using available technical resources.
WHAT YOU SHOULD HAVE:
3+ years experience in defined contribution plan administration.Applicable ASPPA designations or similar certifications preferred.Ability to prioritize tasks and meet deadlines in a fast-paced environment.Good written/oral communication, organization, and client service skills required.Maintain professional working relationships with internal and external clients.Work independently and set priorities.Good analytical and problem-solving skills with a high level of attention to detail.Basic 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.
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.
BASE PAY RANGE:
$65,000 - $75,000 annually
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 value 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.
Apply Now
CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus
ABOUT THE ROLE:
This role with assist with the Pooled Employer Plan assigned clients, previous experience with PEP's would be preferred. Help foster a cohesive service team by directing workflow, supporting strong communication and displaying good judgment and leadership to ensure the proper administration of all plans. Responsible for client service, compliance and Form 5500 reporting of an assigned group of retirement plans typically 70-75 plans.
WHAT YOU’LL BE DOING:
Monitor receipt of plan census data to prioritize completion of non-discrimination testing and/or Form 5500 reporting for an assigned book of business.Work with Manager/Senior Account Administrator to resolve technical, service, and compliance issues to ensure client satisfaction.Understand and interpret plan document and contract provisions and apply experience to situational problem resolution.Facilitate plan amendment requests.Ensure all assigned compliance work is completed accurately and within prescribed time standards.Research items pertaining to Form 5500 and non-discrimination testing using available technical resources.
WHAT YOU SHOULD HAVE:
3+ years experience in defined contribution plan administration.Applicable ASPPA designations or similar certifications preferred.Ability to prioritize tasks and meet deadlines in a fast-paced environment.Good written/oral communication, organization, and client service skills required.Maintain professional working relationships with internal and external clients.Work independently and set priorities.Good analytical and problem-solving skills with a high level of attention to detail.Basic 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.
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.
BASE PAY RANGE:
$65,000 - $75,000 annually
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 value 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.
Apply Now