Job description

Form 5500 Specialist

Form 5500 Specialist exercises discretion and independent judgment over the tasks, duties and job responsibilities outlined below.
The position has significant importance due to the critical nature of the employee benefit administration function performed by Wrangle for its clients. The position requires a professional relationship and professional communication with plan sponsors, brokers and Wrangle staff.

Responsibilities:

Primary responsibility is to review the prepared 5500 and SAR, and post those to the plan sponsor and/or broker. The key tasks and duties are listed below, but are not limited to the following:

Take the next Ready to Review 5500 and perform a comprehensive review. Once the review has been completed and any needed updates made, post the 5500 and SAR out per the broker and/or plan sponsor instructions.
The 5500 Specialist must understand the broker, the plan sponsor, the plans and the benefit/insurance data, and work collaboratively with the consultant and data collections contacts as necessary to address any questions or open items.
Make necessary updates on a daily basis on files that are sent back for updates/corrections.
Check with the Consultant as needed to ensure only updates that would be in accordance with the Form 5500 Instructions are made.
Assist with peer 5500 reviews as needed to assist the flow of prepared 5500s.
Have primary responsibility for preparing, reviewing and posting amended 5500s as well as Ticking and one-year DFVCs.
Assist with or take responsibility for efiling on a daily basis. Assist with preparing Form 5558 Extensions.
Assist and support Consultants, other 5500 Specialists and Data Collections as necessary and as directed by the office manager to optimize the Wrangle process.

This position requires a significant amount of self-management in terms of following Wrangle’s Best Practices Form 5500 Timeline, responding to emails in a timely manner and ensuring that all data is reviewed and the correct responses provided.

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Required profile