Having never used Plex transcoding I can't answer it definitively - but it seems that the GT1030 lacks the required NVENC hardware encoder.
From doing a bit of searching, there seem to be two schools of thought on this. The first is the use of a supported NVIDIA card in the system (which needs the NVENC hardware) and the second is devoting a separate small-form-factor machine to Plex, using an Intel 7th-gen or higher consumer CPU with the HD 630 iGPU. Quick Sync performance and quality are reported to be significantly improved with that generation of hardware.
As far as which option is better, I would have to defer to someone with actual experience.