- Advises clients and/or employees on policies and procedures for the third-party 401(k) program, the benefits of maintaining a 401(k) plan, plan options and designs, and other financial services to include meeting with clients/employees to process open enrollments and to ensure plan compliance with Federal and state laws and reporting requirements.
- Provides enrollment support for all clients who adopt the company 401(k).
- Processes and enters all necessary adjustments on the carrier sites/HRP. Assists with all needed HPR updates upon client renewals.
- Maintains program deductions to include submitting deductions to the third-party administrator, reconciling deductions to transfers and transfers to payments.
- Processes monthly client account reconciliations. Processes distributions, rollovers, and loans.
- Gathers, calculates, and regularly reports metrics on general business activities relative to performance and quality assurance and performs yearly plan audits.
- Stays abreast of current regulations and new pension plan laws by attending seminars, professional association meeting, and/or other training activities.
- Performs all other duties as assigned.
- High School Diploma or equivalency required.
- Bachelor's Degree in Human Resources, Business Administration, Accounting, or related field of study from an accredited four-year college or university preferred.
- Minimum of three (3) years of 401(k)/defined contribution retirement plan administration and/or design, or related experience preferred.
- Experience working in accounting, payroll, and/or human resources preferred.
- Proficient in 401(k) statements, payroll contributions, and distributions.
- Proficient general accounting knowledge.
- Strong reconciliation skills.
- Excellent organizational and multi-tasking skills with attention to detail.
- Excellent presentation skills.
- Strong interpersonal skills.
- Excellent verbal and written communication skills.
- Strong analytical and organizations skills.
- Able to exercise sound judgement and formulate decisions.
- Able to work independently with minimal supervision.
- Able to grasp and understand business concepts and issues.
- Able to comprehend complex technical topics and specialized information.
- Proficient Microsoft Office skills, including Outlook, Word, and Excel.
- Able to travel locally or nationally by car or plane.
- Sit for long periods of time performing sedentary activities.
- Stand, stoop, and kneel to file for long periods of time.
- Competitive overall compensation package
- Work/Life balance
- Employee engagement activities and recognition awards
- Years of Service awards
- Career enhancement and growth opportunities
- Emerging Professionals and Mentor Program
- Continuing education and career certifications
- Variety of healthcare coverage options
- Traditional and Roth 401(k) retirement plans
- Lucrative Wellness Program
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Retirement Plan Administrator - Bulverde, United States - SWBC
Description
SWBC is seeking a talented individual to administer the SWBC PEO 401(k) program for client companies and shared employees by working with assigned corporate clients to coordinate services being provided by a third-party administrator.
Essential duties include the following:
Serious candidates will possess the minimum qualifications:
SWBC offers*:
*Based upon employee eligibility
