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

Summary

Slavic401k is a retirement plan services company seeking an Analyst, Testing & Analytics to perform retirement plan compliance testing, employer contribution calculations, client-data analysis, and plan-document review. The role manages assigned workloads, communicates testing outcomes and corrective requirements, supports stakeholders, and contributes to process, reporting, documentation, control, and automation improvements.

Responsibilities

• 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

• **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.**
• **Work Schedule:** Monday – Friday, Shift Varies between 8:00 AM – 8:00 PM EST
• 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
• ·       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
• ·       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
• ·       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
• ·       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
• ·       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
• ·       Intermediate Excel experience required; advanced Excel experience preferred
• ·       Experience using FIS Relius, proprietary retirement plan systems, Jira, and Microsoft Office highly preferred
• ·       QKA preferred

Qualifications

Must Haves

• **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.**
• **Work Schedule:** Monday – Friday, Shift Varies between 8:00 AM – 8:00 PM EST
• 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
• ·       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
• ·       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
• ·       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
• ·       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
• ·       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

Nice to Haves

• ·       Intermediate Excel experience required; advanced Excel experience preferred
• ·       Experience using FIS Relius, proprietary retirement plan systems, Jira, and Microsoft Office highly preferred
• ·       QKA preferred

Benefits

• 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)