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Defined Contribution Administrator - Arlington Heights

Job Description:	HPL&S, Inc. (a Northwest suburban pension and employee benefits consulting firm) is a subsidiary of First American Bank that concentrates on retirement plans for business entities. We are seeking a motivated,reliable and well-organized individual to fill the position of a Defined Contribution Administrator. We are looking for someone with 0-5 year of experience. We provide extensive training for this position. You will be responsible for the consulting and administration of defined contribution plans including Profit Sharing, 401(k), ESOP, Money Purchase, Target Benefit, Cafeteria and Welfare benefit plans. RESPONSIBILITIES: Review plan documents Compilation and review of trust financial statements Mutual fund account reconciliations and transaction processing Review and analyze employee census data received from clients Determine employer contribution requirements Prepare required compliance testing including ADP/ACP Tests, Top Heavy determinations, compliance with Section 415 and 404 limits and Cross Testing Prepare and process benefit distribution packages for terminated and retired participants Communicate with clients and their professional advisors Complete required government reporting forms (Forms 5500, 5330, 1099-R and 945) Maintain working knowledge of retirement plan legislation QUALIFICATIONS: Business experience with a Bachelors or Associates degree in Finance, Accounting or Economics is preferred. Candidate must possess strong analytical skills, strong written and oral communication skills, excellent organizational skills and attention to detail. Experience with Microsoft Word and Excel is a must. Experience with Relius Administration a plus, but not required. Additional hours required January through March and as needed for special projects. What we offer: Because our associates are our most valuable resource, we recognize their contributions through competitive salaries and complete benefits. First American Bank is an Equal Opportunity Employer
Job Location:	- Arlington Heights

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