Retirement Plan Administrator (Telecommuter)

Company: AMERICAN SYSTEMS
Location: Chantilly
Posted on: May 25, 2023

Job Description:

Are you an experienced retirement plan administrator with an eye for numbers, impeccable accuracy and a drive for continuous improvement? Then we have the perfect opportunity for you. Join us as the Retirement Plan Administrator for our Employee Stock Ownership Plan (ESOP) at our award-winning, 100% employee-owned federal contracting company!As a Retirement Plan Administrator you will:Work with a team of driven, supportive and highly skilled professionals at one of the largest ESOP companies in the U.S.Receive a robust benefits package that includes, of course, Employee Stock Ownership Plan!Be able to work remotely from anywhere within the United StatesEnjoy flexibility managing your work hours and personal needs with a single accrual leave plan.A week in the life of a Retrirement Plan Administrator:Serve as the ESOP Internal Point of Contact and maintain high level of ESOP knowledgeCollect, organize, reconcile, and review detailed data for annual census (for approximately 2,000 active employees) and questionnairesCalculate/project detailed eligible compensation and prepare complicated ESOP contribution and allocation calculations; Review, validate, ensure accuracy, and approve detailed year-end data and reports from third-party administrator (TPA)Calculate distribution amounts for potential thousands of participants; Monitor distribution process; Coordinate stock/cash contributions and redemptions with all parties involved; maintain accurate ESOP transaction records and reportsProvide accurate cash projections to CFO/treasury; Provide written status reports to ESOP Administrative Committee and TrusteeCoordinate annual ESOP statement preparation process covering 3,500 to 4,000 participantsPrepare and review ESOP documents, including Distribution Policy, Summary Plan Description, and Plan AmendmentsPrepare/update/present ESOP training and educational informationDevelop complex repurchase obligation projections at least annuallyPrepare clear/concise projections, analyses, summaries, and recommendations for potential changes to policies and assumptionsFounded in 1975, AMERICAN SYSTEMS is one of the largest employee-owned companies in the United States. We are a government services contractor focused on delivering Strategic Solutions to complex national priority programs with 100+ locations worldwide. Through our focus on quality, strong cultural beliefs and innovation we deliver excellence every day.Company Awards:Forbes National Best Midsize CompaniesEnergage National Best WorkplacesWashington Post Best Workplaces,Veteran Hiring Awards:U.S. Department of Labor Hire Vets MedallionBEST FOR VETS by Military TimesTOP 10 MILITARY FRIENDLY COMPANY by MilitaryFriendly.comAMERICAN SYSTEMS is committed to pay transparency for our applicants and employee-owners. The salary range for this position is $80k - $130k. Actual compensation will be determined based on several factors permitted by law. AMERICAN SYSTEMS provides for the welfare of its employees and their dependents through a comprehensive benefits program by offering healthcare benefits, paid leave, retirement plans (including ESOP and 401k), insurance programs, and education and training assistance.AMS1#LI-JB2#CJPOSTJob RequirementsMinimum bachelor's degree (BS / BA) in business-related fieldTwo years experience in retirement plan administration for either a company plan sponsor or a Third Party Administrator (TPA)Advanced spreadsheet skills (Excel); demonstrated ability to create complicated spreadsheets, ability to compare and analyze data from various databases or worksheets, and high degree of skill in using advanced Excel functions and capabilitiesSuperb analytical and logic skills, highly detail-oriented, strong organizational skillsAbility to mange shifting priorities and meet deadlines, while maintaining high degree of accuracyExcellent verbal and written skills to communicate complicated policies to ESOP participantsEOE Minorities/Women/Disabled/Veterans/Gender Identity/Sexual Orientation or EEO M/W/D/V/GI/SO

Keywords: AMERICAN SYSTEMS, Chantilly , Retirement Plan Administrator (Telecommuter), Other , Chantilly, Virginia