Paralegal, QDRO
Overview
A leading independent technology and service platform supporting savings plans across America is seeking a detail-oriented and experienced Paralegal to join their Plan Solutions Servicing team. This role involves reviewing and determining the qualified status of Domestic Relations Orders (DROs) in accordance with the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). The position requires experience with retirement plans and a strong understanding of legal compliance related to Qualified Domestic Relations Orders (QDROs).
Responsibilities
- Review Service Agreements to confirm inclusion of QDRO review and determination services in client contracts.
- Review Domestic Relations Orders submitted for qualification under applicable retirement plans.
- Determine whether DROs meet the requirements of a Qualified Domestic Relations Order under ERISA and the IRC.
- Communicate with plan participants, alternate payees, attorneys, and internal departments regarding the QDRO qualification process.
- Draft correspondence explaining deficiencies in proposed orders and suggest appropriate revisions.
- Maintain accurate records of all QDRO-related activity.
- Provide support to client service teams to assist plan administrators with compliance and procedural updates.
- Ensure all determinations are consistent with plan provisions and applicable federal law.
- Monitor developments in QDRO regulations and best practices.
- Assist in developing and maintaining QDRO procedures.
Qualifications
- Associate’s or Bachelor’s degree; Paralegal certification preferred.
- Minimum of 3 years of paralegal or legal assistant experience, specifically with QDROs or retirement plan administration.
- Working knowledge of ERISA, IRC, and other laws affecting retirement plans.
- Strong analytical and legal writing skills.
- High attention to detail with the ability to manage multiple files and competing deadlines.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office and document management systems such as Workfront, Fresh Services, Chorus, IMPACT, CLIFF, and BOX.com.
Preferred Skills
- Experience with defined benefit and defined contribution plans.
- Familiarity with pension plan language and actuarial terminology.
- Experience with contract review.
Location
Not specified.
Additional Information
Candidates should be aware of employment fraud. Official communications from the employer or its hiring managers will originate from specific company email domains. The employer will never request payment or require purchase of equipment as part of the hiring process.