Retirement Plan Consulting Operations Manager (Remote Work Option)

About Wealth Enhancement Group

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

We have an excellent opportunity for a Retirement Plan Consulting Operations Manager to assist advisors in supporting internal sales support, on-boarding new clients and providing ongoing client/advisor service for defined contribution and defined benefit plan opportunities. The Operations Manager position partners closely with RPC team and works directly with WEG advisors and internal compliance and suitability departments. (This is a remote work opportunity.)

The salary target for this role is $90,000.00 - $100,000.00 depending on experience. This role is eligible for an annual bonus.

We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one. 

Primary Job Functions

Internal Sales Support and Onboarding Oversight

• Provide excellent client and advisor experience during the sales and implementation phase for retirement plan opportunities.

• Review new plan opportunity materials and generate/request proposals to provide to advisors/clients.

• Complete plan provisions and set-up paperwork for plans

• Participate in discussions with advisors and WEG clients to provide clarity around retirement plan solutions.

Vendor Management

• Function as the primary liaison between recordkeeping partners and internal advisors and WEG clients.

• Establish and maintain service support models with recordkeeping partners.

• Collaborate closely with all other vendors to ensure error free flow of information and data between plans and systems.

• Participate in recurring calls with vendors to develop and enhance ongoing service offerings.

Ongoing Retirement Plan Oversight

• Provide ongoing support across all facets of retirement plan oversight, including compliance, administration, plan design, investments, fiduciary support, governance and employee education services.

• Generate periodic plan reports using various investment analytical software and plan oversight tools.

• Review plan demographics and present plan design concepts.

• Create and support various participant education and guidance opportunities.

Product Enhancements

• Works closely with the RPC team to develop, drive, and manage product strategies, objectives, priorities, and timeframes.

• Build out and support established WEG corporate retirement plan solutions.

• Construct retirement plan product or program definition and clarity, work with other departments to initiate enhanced solutions, and clearly communicate solutions across WEG’s team of advisors.

• Identify new tools and resources, conduct analysis on effectiveness of tools.

• Collaborate with Sales, Marketing, Advisory, and Compliance to drive results and mitigate risks.

Education/Qualifications

• Bachelor’s degree (or equivalent experience) and five or more years of 401(k) industry experience preferred.

• Strong understanding of retirement plan operations, procedures and regulations; Retirement Plan Credentials (preferred).

• Strong analytical and problem-solving skills.

• Excellent written and verbal communication skills

• Excellent time management, organizational skills, and ability to multi-task

• Strong interpersonal and customer service skills.

• Ability to maintain a positive and professional work environment.

• Ability to work independently and self- start projects.

• A team player.

• Ability to maintain high degree of confidentiality and integrity.

• Ability to travel as needed up to 15%.

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Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development

• Medical, dental and vision coverage

• 401k – with match and profit sharing

• Health care spending and savings accounts

• Dependent care and transit spending accounts

• Wellness programs and resources

• Life and AD&D insurance – employer paid and voluntary options

• Short-term and long-term disability – employer paid

• Employee assistance plan

• Accident and critical illness

• Pet insurance

• Identity theft

• Paid Time Off

• 12 paid holidays each year

• Paid parental leave and paid caregiver leave

• Tuition reimbursement

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.

Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.