Job Description:

The Role

As a Plan Consultant (PC), we draft and execute Fidelity’s Pre-Approved Plan Document. We interpret plan provisions from outside plan documents and recognize potential issues in document and operational integrity. We also execute the contract (Service Agreement) between the client and Fidelity. During this process, the PC may need to negotiate the contract language.

• Analyze plan documents to determine compatibility with Fidelity's Pre-Approved Plan Document, identifying IRC Section 411(d)(6) protected benefits, and ensuring that plan documents have been timely amended and updated for required law and regulation changes.
• Review plan provisions as well as Fidelity services with employers (and consultants or attorneys, if they have one) to facilitate the selection of plan features.
• Draft, negotiate, and finalize the creation of the Pre-Approved Adoption Agreement and Service Agreement
• Communicate within the department and to appropriate business partners project progress, issues, and accomplishments.
• Review and negotiate document exceptions to the Fidelity Pre-Approved Plan Document.
• Negotiate service exceptions including modifications to the terms of the contract (Service Agreement).
• Sign documents on behalf of FMTC and Fidelity Workplace Services.
• Participate in process improvement and companywide initiatives.

The Expertise and Skills You Bring

• Previous Defined Contribution retirement plan document experience preferred.
• Strong understanding of ERISA and regulatory issues especially related to 401(k)/403(b) plans.
• College Degree or equivalent experience preferred.
• CEBS, ERPA or ASPPA designation(s), a plus.
• Strong contract negotiation skills: ability to articulate a point of view in a compelling & succinct manner
• Excellent written and verbal communication skills
• Application knowledge: Microsoft Office, Zoom, Microsoft Teams, Salesforce, Plan Central, XTRAC
• Ability to handle multiple projects at one time, applying proper time management skills and using good judgment to determine order of task completion
• Demonstrated problem solving and client management abilities
• Possess the ability to apply learning and comprehend and explain technical concepts

The Team

We are part of the Workplace Investing Implementation group. We work on conversions and corporate actions for plans in all market segments using the Fidelity Pre-Approved Plan Document. We work directly with employers, consultants, advisors, attorneys, and internal business partners. Our success mitigates risk for the client and Fidelity.

Please see below for the salary range for work locations in Colorado only:

$64,000 – $100,000

This position is eligible for incentive compensation or an annual bonus opportunity.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award(opens in a new tab), we have been recognized by our employees as a Best Place to Work in 2022. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

As a result of COVID-19, many of our associates are continuing to work remotely. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working(opens in a new tab).”

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.