ESOP Administrator

  • Newport Group
  • Folsom, CA, USA
  • Dec 04, 2019
Full time Business Development

Job Description

Newport Group has a great opportunity for a Administrator in our ESOP group. The ESOP Administrator will be responsible for reviewing census information and determination of eligibility, reconciliation of trust asset, compliance testing under code sections 404, 415, 410(b), and 416, allocation of employer contributions and posting of other participant activity to individual accounts and preparation and review of Form 5500 and related schedules

S/he will update all information into recordkeeping system DST, allocate investment gains/losses, allocate employer contributions and forfeitures, and balance summary of accounts to trust assets.


  • Bachelor’s degree in accounting or business related equivalent or the equivalent of related experience in the administration of retirement plans
  • ASPPA designation a plus
  • Excellent written and oral communication skills.
  • Proficient using Excel, Word, PowerPoint, and Adobe
  • Must have strong analytical, problem solving and organizational skills
  • Must have a demonstrated track record of consistently meeting and/or exceeding performance expectations with the ability to work under pressure in a very fast paced environment