“Although we all work in different locations, TBA is truly a team, and we work great together completing the many puzzles that come along with the world of 401(k) third-party administration.”
I’m one of three Trust Accountants for TBA. Trust Accounting is part of our annual cycle of service provided to our clients. Our main goal is to balance a plan’s assets each year. My job is similar to working a puzzle every day as each plan and account presents a different scenario. I enjoy the challenge of piecing together the “puzzle pieces” that help complete the plan’s accounting for the year. We do comparison analysis between data collected from the client and data reported from the custodial fund companies, identify variances, and prepare a trust reconciliation at a plan level. We make sure variances, accruals, receivables, non-record kept loan balances are all carried forward by changing the accounting formulas to balance correctly for the next plan year. Needless to say, we keep ourselves busy.
I have more than 20 years of accounting experience and have been in 401(k) administration since 2011. Prior to working for TBA, I worked for a small third-party administrator company as a 401(k) Administrator. When applying for my current position, I felt very comfortable communicating with Amy right from the start. I could tell she was extremely proud of The Benefit Advantage and took great pride in the employees who composed TBA’s team. Although we all work in different locations, TBA is truly a team, and we work great together completing the many puzzles that come along with the world of 401(k) third-party administration.
Even though I work remotely, I have formed many friendships with the other remote employees, as well as the TBA office staff. It’s always nice coming together for our annual TBA holiday party to celebrate our yearly accomplishments. The chance to spend quality time together after our busy and hectic deadlines throughout the year is something that I treasure.
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