Benefits Specialist
Responsibilities:
Performs the day-to-day administration of the company's retirement plans including 401(k) and pension; defined benefit retirement plan includes preparation of benefit calculations, managing record keeper relationship
Analyzes current benefits offerings evaluating the usage, services, coverage, effectiveness, cost, plan experience, and competitive trends in benefits programs
Accesses employee pay information as it relates to 401k, life insurance, and other related areas
Ensures that all procedures and processing are in compliance with government regulations and plan provisions
Maintains integrity of participant data as entered in the company’s information systems
Works with record keeper and other consultants in preparation of non-discrimination tests and communicates corrective actions
Prepares required regulatory notices, such as Summary Annual Report, Annual Funding Notice, etc. and ensures accurate and timely communication to plan participants
Performs timely submission of Forms 5500 and other regulatory filings
Responds to inquiries from employees and retirees and performs one-on-one employee training and group employee training
Qualifications:
4-year degree required or equivalent work experience
3-7 years 401(k) and Defined Benefit Plans experience
Strong computer skills including Microsoft Excel, Outlook, and Word
Excellent customer service skills
Strong organizational and time management skills
Excellent written and verbal communication skills
Analytical and detail-oriented
Personal attributes: Learning Orientation, Efficiency, Commitment / Dependability, Attention to Detail, Integrity, Team Player
Travel:
Able to travel 10% of time