OPT Retirement Plan Administration Jobs
Retirement Plan Administration jobs involve managing 401(k) plans, pension funds, and employee benefits compliance under ERISA regulations. F-1 OPT students with finance, accounting, or actuarial science degrees qualify for these roles, which commonly sponsor H-1B visas given their specialized degree requirements and ongoing regulatory complexity.
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Description:
Job Description For Posting
Under supervision, work with Client Executives, Principals and/or Client Managers in the Retirement Services Division to provide professional service in all areas relating to employer sponsored qualified and non-qualified retirement plans and to develop a working relationship with the clients of MMA as assigned.
Essential Duties & Responsibilities
- Assist Client Executives, Principals and/or Client Managers with retirement plan provider selection for new clients or existing plan transfers.
- Prepare administration pricing of accounts.
- Analyze proposals, inclusive of costs and benefits.
- Review with Client Executives, Principals and/or Client Managers the results of the bidding process.
- Provide Client Executives, Principals and/or Client Managers with recommendations on the proposal(s) to be presented.
- Maintain and organize the customer relationship management system, Salesforce.
- Track Plan Transfers and Broker of Record changes.
- Coordinate and prepare materials required for formal presentation by Client Executives, Principals and/or Client Managers.
- Accompany Client Executives, Principals and/or Client Managers on off-site presentations.
- Prepare and coordinate announcement material for enrollment process on sold or transferred business.
- Work with Carrier Representatives to coordinate all activity for a smooth implementation of new plans.
- Conduct employee open enrollment meetings.
- Attend sales meetings as requested.
- Coordinate “Administrative Installation” with plan provider representatives. Accompany the plan provider representative to meetings.
- Prepare files and other records needed for MMA.
- Keep abreast of the marketplace.
- Maintain the professional standards established of MMA when working with clients.
- Share information with Benefit Analysts and others to create a first-rate network of information within the Department.
- All other duties as assigned.
Education and/or Experience
- Requires a college graduate and/or minimum of three years securities background, preferably within the qualified retirement planning arena.
- Obtain or maintain a valid, unrestricted Series 65 securities license through the FINRA and meet the continuing education requirements.
- Excellent communication skills, both verbal and written with the ability to do oral presentations.
- Above average analyzing, problem solving and planning techniques are essential.
- Strong math skills are required.
- Must be dependable and a good team player.
- Must be detail-oriented and have the ability to multi-task.
- Ability to maintain confidentiality with client information.
- Ability to exercise independent judgment and initiative within established guidelines.
- Strong proficiency in Microsoft Word, Excel and PowerPoint. Average skill in navigating the Internet.
- A valid California Drivers License & a dependable transportation required.
The applicable base salary range for this role is $41,200 to $76,800. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
Company:
Description:
Job Description For Posting
Under supervision, work with Client Executives, Principals and/or Client Managers in the Retirement Services Division to provide professional service in all areas relating to employer sponsored qualified and non-qualified retirement plans and to develop a working relationship with the clients of MMA as assigned.
Essential Duties & Responsibilities
- Assist Client Executives, Principals and/or Client Managers with retirement plan provider selection for new clients or existing plan transfers.
- Prepare administration pricing of accounts.
- Analyze proposals, inclusive of costs and benefits.
- Review with Client Executives, Principals and/or Client Managers the results of the bidding process.
- Provide Client Executives, Principals and/or Client Managers with recommendations on the proposal(s) to be presented.
- Maintain and organize the customer relationship management system, Salesforce.
- Track Plan Transfers and Broker of Record changes.
- Coordinate and prepare materials required for formal presentation by Client Executives, Principals and/or Client Managers.
- Accompany Client Executives, Principals and/or Client Managers on off-site presentations.
- Prepare and coordinate announcement material for enrollment process on sold or transferred business.
- Work with Carrier Representatives to coordinate all activity for a smooth implementation of new plans.
- Conduct employee open enrollment meetings.
- Attend sales meetings as requested.
- Coordinate “Administrative Installation” with plan provider representatives. Accompany the plan provider representative to meetings.
- Prepare files and other records needed for MMA.
- Keep abreast of the marketplace.
- Maintain the professional standards established of MMA when working with clients.
- Share information with Benefit Analysts and others to create a first-rate network of information within the Department.
- All other duties as assigned.
Education and/or Experience
- Requires a college graduate and/or minimum of three years securities background, preferably within the qualified retirement planning arena.
- Obtain or maintain a valid, unrestricted Series 65 securities license through the FINRA and meet the continuing education requirements.
- Excellent communication skills, both verbal and written with the ability to do oral presentations.
- Above average analyzing, problem solving and planning techniques are essential.
- Strong math skills are required.
- Must be dependable and a good team player.
- Must be detail-oriented and have the ability to multi-task.
- Ability to maintain confidentiality with client information.
- Ability to exercise independent judgment and initiative within established guidelines.
- Strong proficiency in Microsoft Word, Excel and PowerPoint. Average skill in navigating the Internet.
- A valid California Drivers License & a dependable transportation required.
The applicable base salary range for this role is $41,200 to $76,800. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
See all 33+ OPT Retirement Plan Administration Jobs
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Get Access To All JobsTips for Finding OPT Sponsorship in Retirement Plan Administration
Target ERISA-regulated employers directly
Third-party administrators, record-keepers, and large plan sponsors file the most H-1B petitions for retirement roles. Focus your search on firms managing 401(k), 403(b), and defined benefit plans, where specialized compliance knowledge makes sponsorship straightforward to justify.
Emphasize your actuarial or ERISA coursework
Employers justify H-1B sponsorship by proving the role requires a specific degree. Highlight coursework in pension mathematics, benefits law, or tax-qualified plans in your resume to reinforce that your background directly matches the specialty occupation requirement.
Pursue relevant certifications early
The ASPPA Associate credentials, including QKA and QPA, signal serious commitment to plan administration. Earning or actively pursuing these during OPT strengthens your candidacy and gives employers additional justification to sponsor your H-1B after your work authorization period ends.
Start your H-1B conversation before your OPT expires
H-1B cap registration opens in March for an October 1 start date. If your OPT expires before October, discuss cap-gap protection with your employer early so payroll and compliance teams can plan ahead without interruption to your employment.
Apply to firms with established immigration programs
Large record-keepers and benefits consulting firms process H-1B petitions regularly and have internal legal resources. These employers move faster and with less friction than smaller administrators encountering sponsorship for the first time during your OPT window.
Frame your niche expertise in interviews
Retirement plan administration covers compliance testing, Form 5500 filing, and participant recordkeeping. Demonstrating command of one specific area, such as nondiscrimination testing or plan document restatements, signals depth that supports the specialty occupation case employers must make to USCIS.
Retirement Plan Administration OPT: Frequently Asked Questions
Do Retirement Plan Administration jobs typically sponsor H-1B visas?
Yes, many do. Retirement plan administration qualifies as a specialty occupation because it requires specific knowledge of ERISA, tax-qualified plan regulations, and actuarial concepts typically gained through a finance, accounting, or actuarial science degree. Third-party administrators and large financial services firms are the most active H-1B sponsors for these roles. You can browse verified sponsoring employers on Migrate Mate.
What OPT work authorization documents do I need before starting a Retirement Plan Administration job?
You need your Employment Authorization Document (EAD) card, which authorizes you to work for any employer within your authorized OPT period. Your employer will verify this through Form I-9. Your job must directly relate to your degree field, so roles in retirement plan administration should align with a finance, accounting, business, or actuarial science program to satisfy STEM or standard OPT requirements.
Does Retirement Plan Administration qualify for STEM OPT extension?
It can, depending on your degree classification. If your degree falls under an approved STEM field, such as actuarial science, financial mathematics, or certain accounting and business analytics programs, you may qualify for the 24-month STEM OPT extension. Your role must also meet the formal training plan requirements under the STEM OPT regulations, which your employer completes using Form I-983.
What happens to my employment if I'm in cap-gap and the H-1B lottery results are delayed?
Cap-gap automatically extends your OPT status and EAD if your H-1B petition is filed before your OPT expires and the requested start date is October 1. Your employment can continue uninterrupted through September 30 of the fiscal year even if USCIS hasn't adjudicated the petition yet. If your petition is rejected in the lottery, cap-gap protection ends and you'd need to stop working or find an alternative visa pathway.
What degree backgrounds do employers expect for Retirement Plan Administration roles on OPT?
Most employers hiring for retirement plan administration look for degrees in finance, accounting, actuarial science, business administration, or mathematics. Some roles focused on compliance or benefits consulting also accept economics or legal studies backgrounds. The closer your degree is to the core regulatory and quantitative demands of the role, the stronger your OPT eligibility argument and any future H-1B specialty occupation case.