Job Description

U.S. Retirement & Benefits Partners (USRBP) is one of the largest independently owned insurance brokerage firms in the country providing a full range of employee benefits, compliance, and HR consulting services, along with retirement solutions for both the private and public sectors. The business was formed in 2008 and today serves over three million participants nationally in the K-12, Corporate and Government markets. For more information about USRBP, please visit our website: .

Pension Planning Consultants (PPC) has been a full service TPA headquartered in Albuquerque, NM with employees in 17 states since 1971. PPC focuses on client services and quality work.

USRBP is hiring a Defined Contributions Administrator for our Partner Firm, Pension Planning Consultants located in Albuquerque, NM.

Position Overview:

The Defined Contributions Administrator will assist a staff of Pension Administrators with the responsibilities listed below while learning the work of pension administration and the supporting software programs. This is an entry level position which can start a motivated candidate on the path to a fulfilling career.

A candidate with the qualifications listed below, and a sincere desire to learn, will be taught all of the regulations and processes. The successful candidate will, over time, grow into a Pension Administrator, which will include studying for and passing exams that qualify for designations from the American Society of Pension Professionals and Actuaries (ASPPA).

Responsibilities include:

• Ability to consult with clients on the requirements of all types of loans and distributions
• Learn the different types of distributions and the rules for each (Termination, In Service, Hardship, Death, and Required Minimums)
• Using the criteria that are specific to the plan, determine a participant’s eligibility for loans and allowable amounts
• Coordinate the processing with the Support Services Department
• Perform basic Trust Accounting
• Reconcile client’s deposits and withdrawals
• Read and record activity from brokerage statements
• Reconcile loan payments to amortization schedules
• Learn the specific rules for various types of nontraditional assets
• Manage a client load of Solo 401(k) Plans
• Draft new plan documents on template software
• Consult with clients on various plan issues
• Collaborate with asset custodian
• Prepare IRS Form 5500-EZ
• Manage client deadlines
• Assemble Annual Reports for either paper or electronic delivery
• Submit accurate and timely billings

Qualification Include:

• Bachelor’s Degree preferred
• Excellent command of the English language, both oral and written
• Desire to help clients and provide excellent customer service
• Strong attention to detail
• Ability to create, edit, and modify documents in Word, Excel, and Adobe
• Willing and able to follow directions and established procedures
• Ability to read and interpret legal plan documents
• Ability to apply regulations to various fact patterns
• Ability to effectively prioritize multiple tasks
• Able to work efficiently and provide good turnaround times
• Work well with others
• Prior work or knowledge of qualified plans a plus
• Bilingual (Spanish) a plus

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