American Pensions, Inc.

There is something for everyone in sunny South Carolina. American Pensions, Inc. is a daily retirement plan administration and consulting firm located in Mount Pleasant, SC, just over the famous Arthur Ravenel Jr. Bridge from historic Charleston and surrounded by miles of gorgeous beaches in every direction. As a wholly owned subsidiary of The South Financial Group, Inc., API operates as an independent Third Party Administration and SEC Registered Investment Advisory Firm. API is a sister corporation of Carolina First Bank in South/North Carolina and Mercantile Bank in Florida.

American Pensions, Inc. offers a competitive salary and an exceptional benefits package. Our outstanding benefits include vacation, sick leave and paid holidays. The majority of our medical, dental and vision insurance is paid by API. In addition, API covers each individual for short and long term disability, life and AD&D insurance. Under our cafeteria plan, employer-matched dependent care reimbursement is offered along with a medical reimbursement account. The 401k plan offers immediate eligibility with a current match of up to 6% of compensation after one year of service. Participation in an ESOP and tuition reimbursement is also included after one year, as well as an optional Employee Stock Purchase Plan. We are members of ASPPA and continuing education is highly supported and encouraged. API covers the cost of professional dues and continuing education.

Daily 401(k) Administrator
American Pensions, Inc. has an immediate opening for an experienced Daily 401(k) Administrator. The primary responsibilities of the position include the following:

Act as dedicated contact for book of 20-30 Daily Valuation Plans
Respond to employer inquiries regarding retirement plan administration, plan document and compliance issues
Track and review eligibility and vesting
Manage daily processing of plan distributions and payroll information
Perform compliance testing
Review and reconcile contribution and census data
Perform periodic investment allocations
Prepare contribution calculations
Prepare quarterly participant statements and client reports
Consult with clients regarding plan design and operation

The ideal candidate will hold a 4-year degree in Accounting, Business or Finance. A candidate with substantial relevant experience is also encouraged to apply. In addition, a successful candidate will possess exceptional customer service skills and be well versed on Microsoft office products. Accordingly, the abilities to work independently and communicate effectively are a must. A strong knowledge of ERISA and retirement plan operations is required. Experience with Relius Administration is a plus.