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Retirement Benefits Specialist
2 months ago
Human Resource Dimensions is seeking a dedicated Retirement Benefits Specialist to oversee the administration of our Defined Contribution Plans (401(k)). This role will ensure the smooth operation of these crucial retirement programs, fostering financial well-being for our employees.
As a key member of our team, you will collaborate closely with internal stakeholders, including payroll, HR technology, and record-keeping partners. Your responsibilities encompass a wide range of tasks, from processing biweekly and semi-monthly funding to conducting in-depth data analysis and resolving employee inquiries.
Key Responsibilities:- Plan Administration: Manage the day-to-day operations of our 401(k) plans, ensuring timely and accurate processing of contributions, distributions, and other transactions.
- Data Integrity: Conduct meticulous data reviews to maintain the accuracy of employee and plan information. Identify and resolve discrepancies promptly.
- Financial Analysis: Analyze financial data related to the plans, including funding levels, investment performance, and participant activity. Prepare reports for internal stakeholders.
- Problem Solving: Investigate and resolve employee inquiries and issues regarding their retirement benefits in a timely and professional manner.
- Process Improvement: Continuously evaluate existing processes and identify opportunities for enhancement to improve efficiency and accuracy.
We are seeking a highly organized and detail-oriented individual with a strong understanding of retirement plan administration.
- Education: Associate's degree in HR, Finance/Accounting, or a related field preferred; relevant experience may be substituted for education.
- Experience: Three to five years of experience in Retirement/401(k) Benefits and/or benefits administration.
- Technical Skills: Proficiency in Microsoft Office Suite, particularly Excel. Familiarity with HRIS systems is a plus.