Retirement Plan Administration Consultant

We are currently seeking a talented and enthusiastic individual to join our Retirement Plan Administration team as a Retirement Plan Administration Consultant. This team provides qualified plan consulting and administration services to ensure our clients’ retirement plans are compliant with the IRS and DOL. This team also assists clients in developing and analyzing competitive benefit programs (ESOP and 401(k) plans).

The Retirement Plan Administration Consultant is responsible for assisting the department with retirement plan administration, testing, and compliance and may participate in special projects requested by clients. Tasks are conducted under limited direct supervision but under the review of department leadership. This position may also involve working cross-departmentally with other Boulay Departments to effectively accomplish projects and tasks

With offices in Minnesota (Eden Prairie, Minneapolis, Mankato) and a remote workforce in 20+ different states, Boulay offers a diverse work environment that empowers you to work where you want and how you want. Together, we strive to help you achieve your professional goals while allowing you the flexibility to reach your personal milestones.

Responsibilities:

• Prepare Forms 5500 and related schedules 

• Responsible for plan administration, including trust accounting and other related projects 

• Possess technical skills that are required to perform allocations and compliance testing for qualified plans, including ADP/ACP discrimination testing, top heavy testing, 409(p) and 415 testing 

• Perform ERISA research relating to employee benefit plans and payroll issues 

• Prepare employer contribution calculations using various allocation methods (i.e. pro-rata, permitted disparity, and cross-tested formulas) 

• Respond to client questions or inquiries in a timely manner  

• Draft and develop client communications  

Required:

• 2+ years of applicable experience with retirement plans  

• Knowledge of ERISA and IRS regulations pertaining to retirement plans 

• Ability to understand plan document language and apply accounting concepts and theory.

• Strong computer skills  

• Exceptional analytical skills, strong attention to detail, organizational skills and can prioritize work to meet client timelines 

Preferred:  

• Bachelor’s Degree in Accounting, Finance, Business Administration or related field 
• Experience with:
• Employee Stock Ownership Plans (ESOPs) 
• Relius software 
• Forms 5500 and 1099-R and proficiency with preparation 
• Compliance testing (including ADP/ACP discrimination testing, top heavy testing, and 402(g) and 415 testing) 
• ASPPA, CEBS, or NIPA certification(s) 
• QKA certification or actively working towards it 

The targeted salary range for this position is: $72,000 - $102,000. It’s uncommon for an individual to be hired at the top end of the pay range.This salary range reflects the anticipated responsibilities and qualifications of a successful candidate for this role. Final compensation may vary depending upon an individual’s experience, knowledge, and skills. Individuals may be eligible for additional compensation in the form of incentives, commissions, profit sharing, and more, depending on the role. Boulay offers a wide range of benefits such as medical, dental, vision, 401k, flexible schedules, hybrid (or remote, as applicable) work environment, paid time away, and more. 

Boulay is committed to providing reasonable accommodation to all applicants. If you require any accommodation, contact Maria at mploen@boulaygroup.com. 

Boulay is committed to attracting and developing highly talented professionals while providing a premier and inclusive candidate experience. Our Talent Acquisition Team strives to source and recruit diverse talent with an entrepreneurial mindset who will help contribute to the Firm's continued success.

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance