Benefits Analyst, Retirement

JOB DESCRIPTION

The Benefits Analyst, Retirement is responsible for administering and supporting the company’s 401(k) and 409(A) retirement plans, including processing, calculating, and submitting plan funding in coordination with payroll, HRIS, and the plan administrator. This position analyzes and resolves retirement financial and data file errors, manages contribution adjustments, refunds, withdrawals, and other administrative plan changes, and serves as a liaison between plan participants, beneficiaries, and the plan administrator. The analyst communicates retirement plan policies, procedures, and legal requirements to team members while addressing escalated retirement-related questions and issues. Responsibilities also include processing and reconciling recordkeeper invoices, performing ongoing and ad hoc reporting and audits using the retirement recordkeeping platform and company HRIS system, and assisting with annual 401(k) audits by identifying opportunities for improvement and developing action plans. The role supports testing for plan changes and annual bonus files, participates in retirement plan meetings, and continuously reviews and improves administrative processes. Additionally, the analyst ensures accurate employee records across HRIS and recordkeeping systems, including employees covered by Collective Bargaining Agreements, supports the annual 409(A) Open Enrollment process, processes permissible withdrawal forms, completes additional compliance activities as requested, and performs other duties as assigned.

REQUIRED SKILLS AND EXPERIENCE

- 3+ years of direct Benefits administration experience

- Experience in retirements

- Intermediate to advanced Excel skills (will have to take an assessment)

- Ability to work independently and effectively prioritize work and manage deadlines

- Ability to multitask successfully

NICE TO HAVE SKILLS AND EXPERIENCE

- Experience with Workday