ERISA Compliance Analyst (7868BR) Westwood, Massachusetts
Responsibilities: The Compliance Analyst will perform a range of accurate compliance tests and analyses for our defined contribution compliance clients. The successful candidate must be able to coordinate with contacts to perform compliance-related tasks, and will be expected to proactively develop and maintain the technical and regulatory knowledge required to perform these functions, including applicable Internal Revenue Codes, regulations, and testing procedures.
• Bachelor's degree • Ideally five to seven years of industry experience • Strong ERISA knowledge • Ability to communicate clearly to non-technical audiences on defined contribution compliance issues. • Ability to acquire the technical knowledge needed to provide compliance consulting services. • Ability to assess problems and appropriately apply technical knowledge to deliver accurate solutions for general compliance issues. • Ability to prioritize, organize, and work on multiple issues simultaneously. • Knowledge of and experience with: ADP testing (IRC section 401(k)); ACP testing (IRC section 401(m)); Elective Deferral limit (IRC section 402(g)); Annual Additions limit (IRC section 415(c)(1)); Highly Compensated Employee determination (IRC 414(q)); Annual Compensation limit (IRC section 401(a)(17)); General discrimination (IRC section 401(a)(4)); Coverage testing (IRC section 410(b)) • Knowledge of and experience with: Form 5500 and related schedules for defined contribution and defined benefit plans including handling of annual audit requests • Prior management experience of both IRS and DOL audits • In depth knowledge of EPCRS/VFCP/DFVC – IRS and DOL correction programs