Utica Physicians' Association, Ltd. · 1 week ago
Vice President, Retirement Plan Services
Tulsa, OK
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expUtica Physicians’ Association, Ltd. (UPAL) has been providing quality service in financial planning and retirement plans for over 40 years. The Vice President of Retirement Plan Services will oversee all aspects of plan administration, compliance, and client services related to retirement plans, IRA, and personal brokerage accounts.
Financial Services
Responsibilities
Design/amend/restate retirement plan documents
Interpret plan documents and research retirement plan issues
Incorporate new legislative changes into administration
Develop and maintain administrative checklist
Develop policies and procedures
Communicate with plan sponsors regarding new legislation
Perform nondiscrimination testing (including but not limited to 402(g), 415(c), ADP, and Top Heavy)
Communicate and prepare all information requested by the IRS and/or DOL
Review preparation of Form 5500, 5330, Schedules SSA and SAR
Prepare and track all Safe Harbor Notices
Prepare and track all 408 Fee Disclosures for participants and plan administrators
Prepare account splits per QDROs
Ensure census data ties to UPAL and client records
Gathering census data for annual administration
Prepare funding requirements per the retirement plan document
Communicate funding requirements and resolve problems with the client
Prepare and communicate contribution and forfeiture allocations to BOK
Receive, verify and communicate all retirement plan contributions to BOK
Organize Plan transfers to/from other providers
Maintain tracking spreadsheet for all deadlines (including but not limited to 5500 filing, final funding, forfeiture allocation, late contributions and extensions)
Review all distributions from retirement plans
Determine eligibility and review all online and routine distributions from retirement plans
Extensive client contact
Assist employees with investment selection
Attend Financial Management Committee dinner meetings – 4 each year
Attend Board of Directors Meetings when needed
Provide backup support for – calculation and collection of fees assessed on the Charles Schwab participant accounts
Provide back-up support for a variety of in-house duties, including retirement plan billing
Assist and/or complete other financial, accounting and related projects as assigned
Assist with Asset Allocations and Financial Planning support
Qualification
Required
Bachelor's degree plus minimum 10 years of relevant retirement plan administration experience
Direct supervisory responsibilities over the plan administration staff
Stay up to date on rules, regulations, and ERISA requirements
Preferred
Series 65, Investment Advisor Representative Certification preferred but not required
Company
Utica Physicians' Association, Ltd.
With over 30 years of experience and nearly 800 members in 18 states, UPAL offers low cost retirement plan and investment solutions provided through one centralized source-the UPAL staff.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase