ESOP Plan Administration Specialist

REMOTE, IL | Fully Remote

Posted: 10/08/2024 Industry: Employee Benefits & Retirement Services Job Number: SA23.6.28.1 Pay Rate: $80,000 - $120,000 Remote: Remote Experience:

Job Description

Job Summary:

Leading ESOP provider is hiring a dedicated and detail-oriented ESOP Plan Administration Specialist. In this role, you will be responsible for ensuring the smooth operation and compliance of ESOP plans while providing guidance and support to plan sponsors. The ideal candidate has a strong understanding of ESOP administration, excellent analytical skills, and a passion for helping employees achieve financial security and success.

Responsibilities:

  • Oversee the day-to-day administration of the ESOP, including 409(p) compliance reporting.
  • ESOP accounting, repurchase liability studies, and plan design.
  • Serve as the main point of contact for plan sponsors, providing guidance on plan features, investment options, and distribution strategies.
  • Monitor and stay up-to-date on regulatory changes and best practices related to ESOP administration, implementing necessary updates to maintain compliance.

Strong Benefits which include 12 weeks paid maternity leave and additional week of vacation in December.

Salary $80k - $120k, plus bonus

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Meet Your Recruiter

Steve Anderson
Retirement Svcs Recruiter - Section Manager

Steve Anderson is a nationally recognized retirement services recruiter with over 20 years of experience. Steve started in 1996 and has facilitated partnerships with many of the industry leading providers for CPS Inc. He brings a candid communication style that delivers proven results and company leading levels of new & repeat business. 

Steve has a simple business philosophy – make it easy for businesses to work with him while bringing value through his work ethic, industry knowledge, and contacts. His integrity, transparency, and commitment to finding the best hire has enabled him to be a leader within the retirement industry and CPS Inc. He is an advocate for qualified candidates at all levels of experience. 

Steve recruits at all levels of experience within the qualified and nonqualified retirement plan industry. His expertise includes Talent Acquisition, Employee Onboarding & Assessment, Staff Development, Salary Analysis, Management Consulting, Career Consultation, and Candidate Generation. 

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