401k administrator

NOW HIRING! 401(k) Administrator (Direct Hire)

Location: Monroe Township, NJ (On-Site)

Schedule: Monday-Friday, 8:30 AM-5:00 PM

Pay Range: $60,000-$65,000

Position Overview

We are seeking a detail-oriented and customer-focused 401(k) Administrator to support the administration, compliance, and ongoing management of retirement plans, including Pre-Tax and Roth 401(k), SIMPLE IRA, and 403(b) plans.

Key Responsibilities

• Support the administration and regulatory compliance of retirement plans, including 401(k), Roth 401(k), SIMPLE IRA, and 403(b) plans.
• Serve as the primary point of contact for assigned client accounts, plan participants, trustees, and third-party vendors.
• Interpret, analyze, and communicate retirement plan provisions, policies, and procedures.
• Build and maintain strong relationships with clients and vendors to ensure effective plan administration.
• Investigate and resolve complex participant, client, and vendor inquiries and issues.
• Calculate employer matching contributions and perform annual true-up calculations.
• Reconcile retirement plan contributions and transmittals with trustees and vendors.
• Upload contribution and census files directly to plan providers and vendors.
• Prepare, review, and distribute retirement plan communications, enrollment materials, notices, and participant correspondence.
• Assist with plan audits, compliance testing, regulatory filings, and annual reporting requirements.
• Support the preparation and review of Form 5500 filings, Summary Annual Reports, Annual Funding Notices, and other required documentation.
• Maintain accurate participant records, files, and retirement plan databases.
• Identify and resolve participant account discrepancies and loan-related issues.
• Assist with the development, implementation, and communication of plan documents, amendments, and Summary Plan Descriptions (SPDs).
• Generate and analyze reports to support plan administration and client needs.
• Support special projects and additional operational initiatives as assigned.
• Adapt to changing priorities while effectively managing multiple client accounts and deadlines.

Qualifications

• 2-3 years of experience administering or supporting 401(k) or retirement plans.
• Experience managing assigned client accounts in a B2B environment.
• Working knowledge of ERISA and compliance regulations related to qualified retirement plans.
• Strong organizational, analytical, problem-solving, and critical-thinking skills.
• Excellent verbal and written communication skills.
• Intermediate proficiency in Microsoft Excel and proficiency with Microsoft Office applications.
• Ability to manage multiple priorities while maintaining a high level of accuracy and attention to detail.
• Ability to work independently and collaboratively within a team environment.