Retirement Plan Specialist

Rockville, MD
Jul 09, 2019
Oct 08, 2019
Analyst, Research
Full Time
Westat is an employee-owned corporation providing research services to agencies of the U.S. Government, as well as businesses, foundations, and state and local governments. Westat's research, technical, and administrative staff of more than 2,000 is located at our headquarters in Rockville, Maryland, near Washington, DC.

Job Summary:

Westat is seeking a Retirement Plan Specialist to work on all aspects of our 401K and Employee Stock Ownership Plan (ESOP) administration.

Job Responsibilities

· Enroll staff in retirement programs.

· Review employee contributions to ensure compliance with company and IRS regulations.

· Update and maintain deferred compensation data in accounting system.

· Maintain retirement plan schedules to support audit.

· Conduct meetings both over the phone and in person with active and non-active participants.

· Educate internal staff and clients regarding retirement plan options and issues.

· Review and analyze annual retirement plan testing.

· Coordinate annual notice mailings.

· Interact with record keeper regarding participant and plan level data.

· Verify and approve distributions and loans prior to being processed.

· Work with supporting departments to research and resolve issues as required.

· Perform other duties as assigned.

Basic qualifications:

· A bachelor's degree, preferably in Business or Communications with 3 or more years of experience in retirement plan administration.

Preferred qualifications:

· Prior retirement plans administration and Costpoint experience.

The candidate must have strong attention to detail and excellent verbal and written communication and interpersonal skills, especially the ability to listen and explain complex subjects to individuals with different skill sets and backgrounds. Candidates should also be proficient in Microsoft Office software application.

Westat offers competitive benefits with ESOP, 401k, Health, Dental, paid vacation, sick and holiday leave, professional development as well as other benefits.

Any offer of employment may be contingent upon receipt of acceptable results from a post-offer background screening, if required for the position, based on the specific position which may include, for example, identity verification, employment history, or criminal records history.

Westat is an Equal Opportunity Employer and does not discriminate on the basis of race, creed, color, religion, sex, national origin, age, veteran status, disability, marital status, sexual orientation, citizenship status, genetic information, gender identity, or any other protected status under applicable law.

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