The Sr. Analyst, Retirement Plan administers multiple complex defined contribution plans and provides support for defined benefit plans. Uses reporting tools and data analysis skills to monitor plans and ensure compliance with plan documents and ERISA/DOL requirements. Works closely with HR Business Partners, Payroll, and external vendors to resolve escalated retirement plan issues and support various projects.
Requirements
- Administer 401(k) plans and certain pension plan functions
- Partner with plan vendors to ensure compliance, implement plan changes/new groups as needed, troubleshoot problems and process non-recurring specialized transactions
- Respond to escalated inquiries from employees, HR representatives, and third parties
- Gather and analyze data from multiple payroll systems and recordkeepers to ensure compliant operation of plans
- Perform data analysis to support business needs including labor negotiations and benchmarking
- Coordinate annual compliance events including: annual report filing and SAR/Fee Disclosure and SPD distribution, audits, and year-end testing for 401(k) plans
- Provide support for quarterly Benefits Committee meetings
- Compose/maintain participant communications and presentations for employees and HR
- Develop and execute annual education plan with 401(k) recordkeeper
- Promote financial wellness offerings and education on company intranet
- Support the compensation team with data analysis and regular audits of data
Benefits
- Medical and prescription coverage
- Dental and vision insurance
- Life and AD&D insurance
- Disability coverage
- Flexible spending accounts
- 100 percent paid maternity leave for up to 12 weeks
- Parental leave
- Family leave
- Other paid time off
- Voluntary benefits
- Employee discount programs
- Optional pet insurance