Rea is a growing Top 100 business advisory & accounting firm providing our clients services in tax, accounting, and business consulting. We have a ‘People First’ culture and we focus on our employees’ well-being and professional development. With over 400 professionals and locations throughout Ohio and Florida, our firm has a culture that respects a work-life balance for our team. We also provide competitive compensation and a robust benefits plan.
The Senior Plan Consultant serves as a resource for matters related to ERISA compliance, plan design and governmental reporting. This person is the single point of contact for employer, financial profession and plan sponsor for their accounts. The Senior Plan Consultant will be critical member of the vertical leadership team and actively participate in the marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.
Responsibilities
- Act as a mentor to Plan Coordinators, collaborating to meet or exceed defined business objectives, firm goals and client obligations, as applicable.
- Assist clients in meeting all IRD and Department of Labor deadlines necessary for qualified retirement plan
- Assist clients with Service and IRD Plan terminations
- Maintain up-to date knowledge of present legislation and proposed legislative changes with regard to ERISA law through self-study and company-sponsored training sessions
- Complete/Assist with payroll processing as required by the products assigned
- Responsible for all aspects of valuation reports, participant statements and annual testing
- Review or perform, as needed, the annual testing for plans, including ADP/ACP, Top Heavy, 401(b), 415, 401(a)(4), deductibility, and 402(g)
- Work with assigned coordinator(s) to provide compliant and accurate valuation reports, participant statements, trust accounting, annual testing and reporting as applicable
- Review distribution paperwork and coordinate processing of distributions with asset holder
- Review loan paperwork and coordinate processing of loans with asset holder
- Review or prepares Form 5500 and coordinate with plan sponsor to help ensure timely filing
- Assist auditors if a plan is subject to an audit
- Assist IRD and DOL auditors, if the plan is subject to an IRS or DOL audit
- Coordinate with all applicable parties, both internal and external, to ensure accurate conversion process for new clients (including but not limited to actuaries, financial advisors, attorneys)
- Assist clients with all initial and ongoing plan design and document support, including understanding their responsibilities with IRS and Department of Labor regulations
- Supervises, trains, and manages workload of Coordinators and Consultants on all projects
- Reviews work prepared by Coordinators and Consultants and provide review comments
- Assist with other tasks and projects as assigned
