401k Analyst - Testing & Analytics - WORK FROM HOME - US ONLY

While this position is fully remote, we are only registered and can proceed with qualified candidates who reside and will work in one of the following states: AL, AZ, FL, GA, MI, MS, NE, NC, OH, OK, TN, TX.  

No exceptions.  No relocation assistance is available. 

Must be eligible to work in the US without employment sponsorship.  Direct Hire only, no third-party agency applications, please. 

Job Description

Job Title: Analyst, Testing & Analytics 

Department: Data Integrity & Innovation          FLSA Status: Exempt            Job Status: FT

Reports To: Asst Manager and Mgr-5500 Audit & Report            Positions Supervised: N/A

Work Schedule: Monday – Friday, Shift Varies between 8:00 AM – 8:00 PM EST

Position Summary

The Testing & Analytics Analyst independently performs retirement plan compliance testing, employer contribution calculations, client-data analysis, and plan-document review within established procedures, regulatory guidance, and departmental controls. The role manages an assigned workload, validates results for completeness and accuracy, communicates testing outcomes and corrective requirements, and supports internal and external stakeholders. The Analyst serves as a knowledgeable resource for routine and moderately complex questions and escalates novel, ambiguous, sensitive, or higher-risk matters to a Senior Analyst or department leadership. The position also participates in approved process, reporting, documentation, control, and automation improvements.

The position requires strong analytical, organizational, technical, and communication skills, as well as the ability to support internal and external stakeholders, resolve questions, manage deadlines, and identify opportunities for process improvement and operational efficiencies.

Essential Functions

·       Perform annual non-discrimination testing, including ADP/ACP, Top Heavy, 402(g), 415, and other required compliance testing based on plan provisions.

·       Review, analyze, and validate client data for completeness and accuracy to support compliance testing, plan analytics, and contribution calculations.

·       Research, interpret, and apply plan documents and ERISA, IRS, and DOL requirements within established procedures, regulatory guidance, and departmental standards to determine testing requirements and corrective actions; escalate novel, ambiguous, or higher-risk matters to a Senior Analyst or department leadership.

·       Communicate testing results, annual expectations, deadlines, and corrective solutions professionally and accurately to internal stakeholders, account managers, clients, and partners.

·       Serve as a knowledgeable resource for routine and moderately complex questions from internal stakeholders regarding assigned plan analytics, compliance testing processes, and employer-contribution work.

·       Manage assigned workload, ticket queues, and departmental reporting to ensure adherence to internal goals, regulatory deadlines, and service-level agreements.

·       Research, investigate, and resolve testing, data, and calculation questions while escalating concerns and providing guidance to management as needed.

·       Support the investigation and resolution of internal and external client inquiries and escalations related to compliance testing, analytics, and project work; resolve matters within established authority and escalate complex, sensitive, or higher-risk issues as appropriate.

·       Identify process-improvement opportunities and participate in approved procedure, workflow, reporting, control, and automation improvements by testing changes, documenting results, and providing implementation feedback.

·       Assist with maintaining process documentation, preparing IT or internal business requests, and supporting working groups or enterprise projects as assigned.

·       Remain current on ERISA, IRS, DOL, 401(k) Testing, and plan compliance rules and regulatory changes.

·       Perform employer profit sharing, matching, safe harbor, and discretionary contribution calculations using client data and Company systems.

·       Provide expertise and consulting with the design, administration and communication of  annual employer profit sharing, matching, retro safe harbor, forfeiture and other employer contributions using data housed within company systems.

·       Collaborates closely with the plan analytics at-large team to manage an assigned caseload of profit sharing projections/calculations, proposals, reports, and, if necessary, revisions.

·       With support, demonstrates strong project management skills to manage the assigned profit sharing caseload in a timely and efficient manner. 

·       With minimal guidance, applies advanced retirement plan knowledge to prepare projections, perform calculations, and design cost comparisons – including, but not limited to, cross-tested profiting sharing, matching, match true-ups, plan aggregation, and safe harbor. 

·       Demonstrates a consultative approach toward plan designs with the client and focuses on client satisfaction, communication, and client retention.  

·       Develops proposals for potential clients highlighting benefits, such as cost savings and tax advantages, of the plan design.

·       Occasionally, performs client consultations via video conference or over-the-phone.

·       During consultations, ensuring clients are fully informed of plan limits, rules, regulations, requirements, testing principles, etc.

·       Remains up-to-date on acceptable formulas used for calculating 401(k) profit sharing calculations.

·       Provide guidance to team members related to nuanced testing and plan analytics scenarios.

·       Cross-train on other compliance-related activities and provide assistance as needed, including 5500s and plan audits and related plan analytics support.

·       Perform other duties and responsibilities as required.

Skills & Abilities

·       Working to intermediate knowledge of ERISA, IRS, and DOL requirements related to retirement-plan compliance testing and employer contributions, with the ability to apply established guidance to assigned work.

·       Strong analytical mindset with excellent computation and data analysis skills.

·       Ability to research and interpret 401(k) regulations and plan document provisions.

·       Intermediate knowledge of Microsoft Excel, including Pivot Tables, VLOOKUP, formulas, and basic calculations.

·       Strong written and verbal communication skills with the ability to explain technical information clearly and professionally.

·       Ability to organize, prioritize, and manage multiple tasks, deadlines, and competing priorities in a fast-paced environment.

·       Detail-oriented with excellent organizational, time management, and problem-solving skills.

·       Ability to work independently and collaboratively while supporting team goals and departmental objectives.

·       Ability to identify process improvement opportunities and support operational efficiencies.

·       Ability to build effective internal relationships and communicate with management, senior leadership, clients, and cross-functional teams.

Experience

·       Minimum 2+ years of 401(k), retirement plan, compliance testing, plan analytics, or related financial services experience required.

·       1+ year of client-facing or customer support experience in the financial services industry required.

·       Intermediate Excel experience required; advanced Excel experience preferred.

·       Experience using FIS Relius, proprietary retirement plan systems, Jira, and Microsoft Office highly preferred.

Education

·       Bachelor’s degree in Accounting, Finance, Business Administration, Business, or related field of study required; equivalent combination of education and experience may be considered where applicable.

Certificates & Licenses

·       QKA preferred.

·       Ability to obtain ASPPA Retirement Plan Fundamentals (RPF) I within 6 months of hire and RPF II or equivalent certificate within 1 year of hire required, based on departmental requirements.

Working Environment

·       Extended sitting and computer work

·       For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace. Additionally, there is an internet work speed requirement of 100 MBps or better. If you are unsure of your internet speed, please check with your service provider. Please ensure that you are able to meet these expectations before applying as adequate home work environment and the required internet connection is a non-negotiable requirement of remote employment.

Job Description Disclaimer

This job description is intended to describe the general nature and level of work performed. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Duties and responsibilities may change at any time based on business needs.

The Power of WE 

WE serve the individual saver and investor, know that their savings represents not only money, but the time it took to earn that money, which is forever gone. WE will prudently, cost-effectively and efficiently safeguard and invest that money for a better future for all we serve. 

WE are guided by core principles of honesty, accountability, and transparency. Consequently, we are always looking to do the right thing. 

WE will treat every customer and colleague with respect and dignity. WE will exhibit humility both as individuals and as a corporate entity.

What’s in it for you Package
This role will have a base pay range of $60,000 - $70,000. Please know, this is the base range only and does not consider other components that make up the total rewards package for this role. This position is also eligible for an annual performance bonus. 
 

Other perks in the total rewards package are:
•    Flexible work environment
•    Participation in Personal Annual Performance Bonus incentive program
•    Medical, Dental, Vision, and Life Insurance
•    75% employer coverage of Medical Premiums
•    Retirement Savings – 401(k) plan with generous company match, vested after 2 years
•    Tuition Reimbursement up to $5,250/year
•    Generous Paid Time Off upon hire – plus quarterly Work/Life Balance days and paid holidays
•    Paid Parental Leave
•    Voluntary Pet Insurance, Lifelock and More!
•    24/7 no-cost Employee Assistance Program (EAP)
 

Slavic401k is an Equal Opportunity Employer 

Slavic 401k is an equal opportunity employer with a commitment of inclusion for all qualified candidates. Slavic401k strictly prohibits unlawful discrimination based upon an individual’s race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, mental/physical disability, medical condition, marital status, veteran status, or any other characteristic protected by law.