AVP, Retirement Plan Administration

2 weeks ago

Allentown, United States St. Luke's University Health Network Full time


St. Luke's is proud of the skills, experience and compassion of its employees. The employees of St. Luke's are our most valuable asset Individually and together, our employees are dedicated to satisfying the mission of our organization which is an unwavering commitment to excellence as we care for the sick and injured; educate physicians, nurses and other health care providers; and improve access to care in the communities we serve, regardless of a patient's ability to pay for health care.

The AVP of Retirement Plans Administration is responsible for the leadership in administering and implementing retirement programs and activities related to the St. Luke's University Health Network retirement policies. Provide overall processes for qualified and nonqualified plans and recommend "best practices" and improved procedures. Position serves as a subject matter expert regarding plan design, eligibility, summary plan documents and compliance. Work in partnership with Senior Management, Finance, Legal, Employees and act as primary liaison with OCIO and other related consultants.

JOB DUTIES AND RESPONSIBILITIES:

  • Meet with external fund managers, plan trustees, employee representatives, accountants, legal counsel, solicitors of pension funds, actuaries, third party plan administrators, etc.

  • Supervise preparation of Summary Plan Descriptions, cure discrimination test findings, file government required documents and tax returns as appropriate to ensure Network compliance.

  • Coordinate Retirement Plans Administration Fiduciary Subcommittee.

  • Coordinate Investment Subcommittee and act as primary liaison with OCIO and other related consultants.

  • Review Board resolutions and plan amendments as appropriate.

  • Supervise preparation of retirement forecast calculations, letters related to divorce proceedings, domestic relations and/or other court ordered/legally required notices.

  • Communicate with TPA for information related to distributions, plan loans, deferred vested terminations and lump sum distributions in order to maintain detailed analysis usage and other applicable retirement resources metrics.

  • Oversee annual audit process for all retirement plans.

  • Verify accuracy of eligible plan compensation, service hours, contributions, deferrals, etc

  • Collaborates with Network Retirement Specialist.

  • Oversight regarding annual funding requirements.

  • Exhibit strong communication skills with the ability to communicate complex information to diverse audiences.​

​PHYSICAL AND SENSORY REQUIREMENTS:

Requires sitting for up to 8 hours per day, 2 hours at a time. Standing for up to 4 hours per day, 3 hours at a time. Requires occasional fingering, handling, and twisting and turning while entering data into the computer. Occasionally requires lifting, carrying, pushing, and pulling objects weighing up to 25 pounds. Occasionally requires reaching above shoulder level. Must have the ability to hear as it relates to normal conversation, eye sight/vision as it relates to general, peripheral, and near vision.

EDUCATION:

Bachelor's degree in accounting, finance, human resources, or other related field required. Master's degree or JD preferred.

TRAINING AND EXPERIENCE:

Five to seven years of experience at a law firm, benefits consulting firm, actuarial firm or tax accounting firm required. Ten plus years of senior management experience in a large corporation, hospital network or university system; in-depth knowledge of compensation, 401(a), 401(k), 403(b) and 457 plans required.

Please complete your application using your full legal name and current home address.  Be sure to include employment history for the past seven (7) years, including your present employer.  Additionally, you are encouraged to upload a current resume, including all work history, education, and/or certifications and licenses, if applicable.  It is highly recommended that you create a profile at the conclusion of submitting your first application.  Thank you for your interest in St. Luke's



St. Luke's University Health Network is an Equal Opportunity Employer.

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