Retirement Plan Consultant at Ascensus in Philadelphia, Pennsylvania

Posted in Other 17 days ago.





Job Description:


Serve as a resource to plan sponsors and financial advisors for matters related to ERISA compliance, plan design and governmental reporting. Use experience and knowledge to serve as a resource to internal associates

Essential Duties and Responsibilities:


  • Perform all tasks required as part of the Annual Valuation process for Qualified Retirement Plans, primarily Defined Contribution - PS, MP, 401k, 403b.

  • Provide superior customer service, including problem solving with minimal inconvenience to clients

  • Provides effective and timely verbal and written communications in a clear, concise and informative written manner

  • Assists the client with all initial and ongoing plan design and document support

  • Assists the clients in meeting all IRS and Department of Labor deadlines necessary for qualified retirement plan

  • Maintains up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self study and company-sponsored training sessions

  • Responsible for all aspects of valuation reports, participant statements and annual testing

  • Reviews or performs, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 410(b), 415, 414(s), 401(a)(4) general test/ new comparability , deductibility, and 402(g)

  • Reviews distribution paperwork and coordinates processing of distributions with asset holder

  • Reviews loan paperwork and coordinates processing of loans with asset holder

  • Reviews or prepares Form 5500 and coordinates with plan sponsor to help ensure timely filing

  • Assists auditors if a plan is subject to an audit

  • Assists IRS and DOL auditors, if the plan is subject to an IRS or DOL audit

  • Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients

  • As applicable, work with assistant to coordinate and oversee activities that will ensure timely and accurate completion of book of business

  • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.

  • The I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.

Minimum Requirements:


  • Bachelors degree preferred

  • ASPPA and or NIPA credentials preferred

  • 3-5 years ERISA experience in the retirement industry

  • Experience in Datair software preferred

  • Experience with DB and CB plans desirable

  • Experience in analysis of financial data required

  • Strong Word, Excel, and Outlook skills

  • Strong Adobe skills

  • Strong written and oral communication skills

  • Strong analytical and problem solving skills

  • Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters

  • Ability to effectively plan and assign work and supervise support staff

  • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.

  • The I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.



Ascensus is a place to have a career, not just a job. As the largest US independent retirement and college savings services provider, we put our focus on people. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity. When you join our team, you get to go to work every day knowing that you help over 10 million Americans save for retirement and college.



Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ("Protected Status").