401(k) Reconciliation Specialist

Our client is looking for a 401(k) Reconciliations Specialist who will be responsible for reconciling incoming funds to the 401(k) Plan and providing customer service to benefits administrators and other employees regarding processing and logistical support for daily transactions across the plan.This is a long term contract position (expected to continue for at least two years) with a hybrid schedule that requires at least 3 days/week on-site at their offices in Arlington, VA.Job Responsibilities:Reconcile incoming funds such as 401(k) Plan contributions, loan repayments, rollovers with daily data reports to ensure accuracyCoordinate with internal business partners and benefits administrators to verify and reconcile dataProvide phone and e-mail support to benefits administrators to obtain complete information for problem resolutionProcess simple adjustments including annual true-ups and individual past service adjustmentsJob Qualifications:At least 2-4 years of experience in 401(k) plan administration with exposure to incoming funds and responsibility for reconciliationExperience with the Omni Plus recordkeeping platform is requiredGeneral knowldge of defined contribution plan administration processes and proceduresAbility to learn new systems and processes quicklyAbility to communicate effectively, both verbally and in writing, with a diverse membership and employees in a clear and precise mannerMathematical aptitude for distribution calculationsProficiency with Microsoft Office tools (Excel, Word, Power Point)

Created: 2025-01-25