Loans and Distributions Specialist

Job Summary

A company is looking for a Loans & Distributions Specialist to support the administration of qualified retirement plans.

Key Responsibilities

• Coordinate and process participant distributions and loan requests for qualified retirement plans accurately and efficiently
• Communicate with plan sponsors, participants, recordkeepers, and internal teams regarding loan and distribution activity
• Maintain accurate documentation and transaction records while ensuring compliance with plan provisions and regulatory requirements

Qualifications

• Proven experience processing loans and distributions for qualified retirement plans
• Strong understanding of ERISA rules and regulations related to retirement plan loans and distributions
• Familiarity with multiple retirement plan recordkeepers and their loan/distribution procedures
• Experience with plan terminations and automatic rollover processes preferred
• Proficiency in Microsoft Excel, Outlook, and Microsoft 365