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Senior Benefits Administrator
4 months ago
Summary/Objective:
The Senior Multi-Employer Benefits Administrator will work in the companys administration department which processes transactions for retirement plans and conducts annual compliance testing/filings for both Defined Contribution and Multi-Employer plans. This position may lead a team of Multi-Employer Benefits Administrators.
Essential Functions:
The candidate will be the main point of contact for Taft-Hartley/Multi-Employer Plans, will prepare and attend Board meetings, and will provide advice on complex retirement plan issues. The ideal candidate will have a strong understanding of ERISA, IRS, and DOL regulations related to qualified retirement plans. The candidate will interpret plan documents and offer plan design consulting for new plans and amendments. An ASPPA, NIPA, or CEBS designation or equivalent experience is highly desirable.
Responsibilities include daily trading and trust reconciliation, payroll processing, distribution and loan processing, customer support, plan conversions, compliance testing, tax form preparation (5500, 8955-SSA, 5330, etc.), audit support, and conducting annual compliance and nondiscrimination testing. Additional duties may be assigned as necessary.
Other knowledge, skills, and abilities:
Seeking candidate with exceptional attention to detail, preferred knowledge of Defined Contribution plans and Schwab Retirement Technologies (SRT), strong communication and editing abilities, deadline-driven mindset, critical thinking skills, proficiency in numbers and accounting, self-motivation, and advanced Excel proficiency.
Union Affiliation
This position is covered under a Collective Bargaining Agreement with UFCW, Local 21, and requires this employee to become a union member in good standing.
