Consultant, Retirement Benefits (*remote consideration)
Radnor, PA, US
Alternate Locations: Radnor, PA (Pennsylvania)
Â
 Work Arrangement:
Hybrid/Flexible : Work at home and use the office as appropriate for in-person collaboration.
Â
Relocation assistance: is not available for this opportunity.
Â
Requisition #: 73349
Â
The Role at a Glance
Â
Responsible for providing efficient administration, implementation and maintenance of Lincoln Financial Group (LFG) benefits programs focusing on 401(k) and pension programs. This position will consult/analyze and deliver on complex assignments/projects for the assigned area(s) of responsibility. This position will also act as a resource to applicable internal/external stakeholders ensuring the programs meet employeesâ needs and provide important governance, compliance and financial responsibilities related to the programs.
Â
What you'll be doing
Â
What youâll be doing:
- Manage the daily administration and maintenance of LFGâs defined benefit and defined contribution retirement plansÂ
- Manage relationships between LFG, participants, consultants, trustee and vendors, as applicable
- Help ensure that retirement plans are administered according to plan provisionsÂ
- Ensure benefits related compliance (e.g., ERISA, DOL, IRS, SEC) through the development, implementation, documentation and monitoring of compliance related matters
- Prepare and submit government required notices, reports, and forms (e.g. 5500s, SPDs, SARs, PBGC filings, etc.)
- Provide actuaries and auditors with information and reports for plan valuations and audits. Serve as the point contact for annual plan audits
- Ensure accurate recordkeeping. Develop and maintain various retirement plan reports and develop ad-hoc reports
- Initiate payments and redemptions within the Master Trust for invoicing and rebalancing purposes while maintaining accurate accounting records
- Partner closely with internal stakeholders including fiduciary committees, HR, Tax, Legal, Payroll, Finance and Information Technology
- Provide clear and effective counsel to employees, participants, retirees and management, in person and in writing, and answer questions timely regarding retirement programs and policies
- Develop communications and ensure they are up to date and regularly maintained
- Complete benefit surveys and provides management with the information obtained from the results
Â
What weâre looking for
Â
What weâre looking for:
Must haves:Â
- 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)Â
- 3-5 years of experience working with 401(k) & defined benefit plans and the vendors/trustees that support the plansÂ
- Understanding of regulations (ERISA, IRS & DOL) âŚ
This job isn't fresh anymore!
Search Fresh JobsJob Profile
Relocation assistance not available
Benefits/Perks401K and employee benefits Career tracks Clearly defined career tracks Competitive 401K and employee benefits Defined career tracks Effective productivity/technology tools and training Employee Assistance Program Financial counseling Flexible work hybrid situations Free financial counseling Health coaching Hybrid work Leadership development Leadership development and virtual training opportunities Productivity/technology tools and training PTO/parental leave Remote work environment Remote work environment and flexible work hybrid situations Training opportunities Tuition Assistance Tuition assistance program
Tasks- Administer retirement plans
- Develop communications
- Ensure compliance
- Manage stakeholder relationships
- Recommend process improvements
401(k) Accounting Compliance ERISA Finance Information Technology Leadership Development Life Insurance Marketing Microsoft Office Microsoft Office Suite Organizational Payroll processes Project Management Relationship Management
Experience3 - 5 years
Education4 year degree Bachelor's degree Business Equivalent work experience Information Technology
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9