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ASC Compliance Analyst at Enrich And Enlight Business Consulting
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Home›Jobs›IT & Software›ASC Compliance Analyst
Enrich And Enlight Business Consulting logo

ASC Compliance Analyst

Enrich And Enlight Business Consulting

RemoteFull timeMid levelPosted today
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About the role

About This Role

This role involves performing comprehensive compliance testing, documenting support, and preparing government forms for complex retirement plan clients. The analyst ensures that assigned plans remain tax-qualified by meeting all IRS and DOL reporting and testing requirements, including reporting on all accounting and financial activity for the plan. It requires communicating with plan sponsors to update and correct necessary data for various government-regulated tests.

Responsibilities

  • Investigate and clarify client data or census problems
  • Prepare non-discrimination tests, top-heavy tests, coverage tests, and 415 annual addition tests on larger and more technically complex plans, including additional compliance testing such as 401(a)4
  • Review testing and/or Government Forms
  • Complete testing and ensure quality control audit is performed
  • Serve as technical expertise to compliance analysts and provide resolutions to support business
  • Allocate employer profit sharing, matching, and/or money purchase pension contributions based upon plan provisions and submit to plan sponsor for approval
  • Calculate contribution corrections or top-heavy minimum contributions for plan sponsors
  • Communicate test results and recommend solutions to client when specific failures are identified
  • Prepare Form 5500 and related schedules using government forms software
  • Submit financial reports and Form 5500 package for review, correction, approval, and submission to client and governing agency
  • Maintain current awareness and understanding of legislative changes, IRS rulings, and expert opinions related to the processing of retirement plans
  • Consistently meet and/or exceed performance expectations with the ability to work under pressure in a very fast-paced environment

Requirements

  • 5+ years experience in compliance testing, contribution calculations and allocations
  • Minimum of 2-3 years of experience using ASC Compliance software for testing/allocations

Nice to have:

  • ASPPA certification

Important Details

  • Team: 2+ years of experience
  • Interview: In Person

Other Conditions

  • Work Mode: WFO

About the Company

Performs full beginning to end compliance testing, document support and government forms preparation for complex retirement plan clients.

Job details

Workplace

Remote

Employment

Full time

Seniority

Mid level

Headquarters

Chennai

Posted

Posted today

About company

Headquarters

Chennai

Open jobs

18

Website

enejobs.com

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