401(k) Data Specialist

Why US:

• Headquarters is in Charlotte, NC
• Recently expanded to nearshore
• isolved ranked for SMB Payroll in 2023 Sapient Report
• Voted top places to work in USA 2023

Job Description

The isolved 401(k) Data Specialist will be responsible for performing a variety of tasks on our 401(k) Full-Service 401(k) Operations Team. Your primary responsibilities will include Plan Conversions, fund changes, balancing accounts and daily reconciliation with our custodian, RMD and mandatory distribution processing as well as correction calculations and other tasks assigned by management. This position requires the ability to work independently and as a team player. You must be detail oriented with strong organizational skills with the ability to handle high volumes.

Core Job Duties

• This candidate will work with other recordkeepers to get conversion reports for new clients and process funds into plans accordingly.

• You will work with other recordkeepers to convert assets for plans moving to new carriers and provide necessary reporting.
• You will research fund availability when fund managers are considering making changes.
• You will process fund changes within the recordkeeping system and at the custodian when fund managers make changes to their fund lineups.
• You will do a daily reconciliation between the recordkeeping system and custodian to ensure plans are in balance.
• You will research any cash balances being carried at the custodian.
• You will facilitate the quarterly participant statement process.
• You will monitor dividends to ensure all post properly.
• You will calculate corrections, lost earnings and QNECs and work with the client to ensure they are funded.
• You will import and balance any outside assets held by clients with other carriers.
• You will calculate and process RMDs and Mandatory Force Out Distributions.
• You will monitor terminated employee accounts for 5-year break in service.
• You will monitor daily jobs queue to ensure all jobs complete successfully and research any errors that occur
• You will provide daily reporting to the MEP fund manager.
• Support with other projects as needed

Minimum Qualifications

• Minimum 2 years of experience in the retirement plan industry.
• Excellent computer skills required: Excel, Word, Adobe and Email
• Experience with the FIS Administration Systems a plus.
• Excellent verbal and written communication skills required.
• Experience with SalesForce a plus
• Experience with Mid Atlantic Trust a plus
• Ability to handle high volumes and multiple tasks.
• Strong organizational skills.
• Strong analytical skills.
• Detail oriented.
• Ability to work independently and as a team.

About isolved

isolved is an employee experience leader, providing intuitive, people-first Human Capital Management technology. Our solutions are delivered directly or through our partner network to more than five million employees and 145,000 employers - who use them every day to boost performance, increase productivity, and accelerate results while reducing risk. No matter the industry, we help high-growth organizations employ, enable and empower their workforce by transforming employee experience for a better today and a better tomorrow. For more information, visit www.isolvedhcm.com.

EEO Statement

isolved is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. isolved is a progressive and open-minded meritocracy. If you are smart and good at what you do, come as you are.

Disability Accomodation

Visit www.isolvedhcm.com/careers for more information regarding our incredible culture and focus on our employee experience. Visit www.isolvedeebenefits.com for a comprehensive list of our employee total rewards offerings.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions outlined above.

Current Openings for 401k Data Specialist Jobs at isolved

Job Title	Department	Location

Get Notified of New Jobs at isolved