Retirement Plan Services Operations Supervisor
First Bank & Trust - Brookings, SD
Hiring: Retirement Plan Services Operations Supervisor Company: First Bank & Trust Location: Brookings, SD Job Posted Time: 2026-09-11 13:32:14 Target Skills & Keywords : Microsoft Excel About the job Required Skills: •Lead the team and develop an atmosphere of teamwork, open communication, and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained, evaluated, and motivated to perform their responsibilities in an effective and progressive manner. •Supervise, coach, train, and develop Retirement Plan Services Administrators; set priorities, monitor workloads, evaluate performance, and support a collaborative, accountable team environment. •Oversee daily retirement plan administration and recordkeeping activities, including contribution processing, distributions, loans, rollovers, trading activity, compliance testing, participant statements, reconciliations, and annual reporting. •Provide technical guidance and quality review for complex transactions, plan administration questions, operational issues, and participant or plan sponsor inquiries. •Ensure work is completed accurately, timely, and in compliance with ERISA, IRS, Department of Labor, internal policy, and applicable plan document requirements. •Coordinate annual Form 5500 preparation, tax reporting, participant notices, audits, compliance reviews, and related regulatory or government reporting requirements. •Support system updates, reporting needs, plan conversions or deconversions, product changes, and process improvements that strengthen service quality, efficiency, and control. •Develop, maintain, and improve department procedures, controls, documentation, and training resources for retirement plan administration activities. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!