Full-Time

Retirement Plan Administration

Discontinuance Specialist

Posted on 5/20/2024

Vestwell

Vestwell

201-500 employees

Digital 401(k) recordkeeping and savings solutions

Fintech

Mid

Austin, TX, USA + 2 more

Required Skills
Communications
Requirements
  • 2 years experience in the retirement industry working on plan administration
  • Excellent written & oral communication skills
  • Meticulous attention to detail & organization
  • Passion for helping people
  • Proficient in Microsoft Office Suite & G suite
  • Proven ability to think analytically & operate independently within set deadlines
  • Team player
  • Shows ownership and initiative in all aspects of work
  • QKA certifications, preferred
  • FT Williams experience, preferred
Responsibilities
  • Year-end testing for DC plans that are in plan termination status
  • 5500s for DC plans in plan termination status (EZ, SF, and large)
  • Answer questions from the client service team on retirement plan subjects
  • Assist with EPCRS corrections for plans in termination status
  • Prepare and provide reporting for plans in a termination status
  • Prepare documentation for the withdrawals team to distribute assets
  • Provide notices to plan participants regarding the plan termination
  • Prepare plan termination amendment for sponsor
  • Coordinate with the billing department regarding the final invoicing of terminating plans
  • Provide consulting services to sponsors and advisors as needed
  • Stay up to date with plan termination rules and regulations

Vestwell, a digital 401(k) recordkeeper, is an excellent workplace for individuals passionate about empowering small business retirement savings. With a modern API-based platform that offers extensive integrations, configurable solutions, and a commitment to fiduciary oversight, the company stands out in its field for both technology deployment and commitment to compliance. Employees can thrive in a technologically sophisticated environment that prioritizes innovation and effective service delivery in the financial sector.

Company Stage

Series D

Total Funding

$289.9M

Headquarters

New York, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

17%

1 year growth

31%

2 year growth

49%
INACTIVE