Specialist, DC Compliance & Documentation
Your Opportunity
Your opportunity
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s)
Schwab Retirement Plan Services provides third party recordkeeping and retirement plan administration to small, mid and large size employers nationwide. Schwab believes the provider matters, and we are committed to the financial fitness of all participants and clients. We assist plan sponsors to ensure the plans are operated in accordance with the Internal Revenue Code and ERISA, following IRS and DOL regulations and plan provisions.
Our group is responsible for preparing ADP/ACP testing, Top Heavy testing, Coverage testing, 401(a)(4) Nondiscrimination testing, and Form 5500s within the statutory timelines established by the code. We also assist clients with preparation of allocations of employer contributions and specialized testing. Our department partners closely with the Client Services department to assist with higher level client issues and to assist with external auditor requests.
The position is Specialist on the ERISA Compliance team for our Richfield, Ohio and/or Austin, Texas location. The position entails:
What you are good at:
- Full responsibility for ADP/ACP and other required annual plan testing and preparation of contribution allocations for medium complexity plans.
- Preparation of the Form 5500 and support external auditor requests.
- This value-add position will have direct contact with plan sponsors and their external auditors.
- Additional departmental project responsibilities are also included.
What you have
To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- The candidate must have a strong commitment to the highest level of client service
- Strong problem solving skills
- Ability to meet stringent deadlines
- Excellent verbal and written communication skills.
- Knowledge and experience with Microsoft Excel.
Preferred Qualifications:
- Accounting, Finance or Math background
- Direct experience in the qualified retirement plan industry
- 2+ years preferred, with experience in providing ERISA Compliance testing and reporting services.
- Knowledge of the IRS & DOL Code and Regulations for 401(k) plans. Experience with the ASC testing system is helpful.
- ASPPA QKA designation preferred.
In addition to the salary range, this role is eligible for bonus or incentive opportunities.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- The candidate must have a strong commitment to the highest level of client service
- Strong problem solving skills
- Ability to meet stringent deadlines
- Excellent verbal and written communication skills.
- Knowledge and experience with Microsoft Excel.
Preferred Qualifications:
- Accounting, Finance or Math background
- Direct experience in the qualified retirement plan industry
- 2+ years preferred, with experience in providing ERISA Compliance testing and reporting services.
- Knowledge of the IRS & DOL Code and Regulations for 401(k) plans. Experience with the ASC testing system is helpful.
- ASPPA QKA designation preferred.
In addition to the salary range, this role is eligible for bonus or incentive opportunities.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.