Retirement Plans Manager
PRIMARY FUNCTION:
The Mgr.
Retirement Plans as a human resources leader is responsible for developing and supporting the strategy, design, and development of all retirement plan programs.
This role partners with the organization's leaders and HR teams to implement and drive retirement standard processes and procedures ensuring programs are competitive, sustainable, scalable, and have a positive impact on short and long-term performance of the entire organization.
The Mgr.
Retirement Plans directs the day to day activities of a staff of retirement plan professionals to ensure consistency in practices and communication of all related programs.
RESPONSIBILITIES AND TASKS:
oEvaluate the effectiveness of all retirement programs, policies, guidelines and procedures and recommend plan revisions or new plans that are cost-effective and consistent with trends and corporate objectives,'oCoordinate communication, implementation and provide guidance surrounding retirement program guidelines to employees; retirement programs include and are not limited to 401k plans, non-qualified plans, traditional retirement plans, etc.
, oDevelops deep relationships with advisors, plan sponsors, and third-party administrators.
This role is the strategic partner to our clients and advisors to provide creative solutions that meet business goals of retention, growth, and retirement readiness.
oOversee the communications activities of a team focused on the day-to-day administration of the company's retirement programs, providing guidance and direction to ensure work performed is compliant with all applicable policies, regulations and legal requirements.
oProvide consulting expertise to clients on matters such as plan design, fiduciary responsibility, and operational compliance of legacy retirement matters for the company.
oSupport the Director of Benefits in Benefit related projects and implementations.
oDevelops and executes routine communications to all employees regarding the company's retirement plans, retirement planning and educational resources, vendor-provided services, etc.
oCoordinates the planning and execution of all Retirement Committee meetings, to include the agenda, meeting material, invitations and minutes.
oEnsure that all retirement plans are routinely reviewed for compliance, and audits are scheduled as needed.
oCoordinate all annual filings that are required by the IRS and other agencies, ensuring that the company is in compliance with all annual retirement plan filings.
oConduct review with the company's 401(k) administrator and retirement plans manager at least annually, providing clear feedback and direction to these vendors, and hold them accountable for any agreed upon action plans.
oMay participate in meetings and relevant sub-committees for the development of related programs that improve employee participation, reduce company and employee costs; identify opportunities for improvement (i.
e.
processes, programs, cost savings, etc.
); develop, implement and communicate as appropriate.
oAssist in the identification of compliance issues in retirement plans, calculate corrections and draft submissions for the IRS and DOL correction programs.
oPartner with local leadership in negotiating retirement related terms for collective bargaining agreements (CBAs) as needed.
oInterpret and apply laws, regulations, judicial precedent and other guidance.
oMentor, coach and train/ cross-train employees encouraging career development; provide consistent feedback concerning strengths and areas in need of improvementoPerform additional relevant duties as assigned SUPERVISOR
Responsibilities:
(select one)oThis role is a Leader of People role with required competencies:
Sizing up People, Delegation, Planning, Customer Focus and Conflict Management.
EDUCATION and CERTIFICATIONS:
oRequired Education:
Bachelors' degree in Human Resources, Finance or other relevant discipline from an accredited institution or minimum of 10 years directly related experience; Masters' degree in related field preferred.
oCEBS, PHR/SPHR preferredEXPERIENCE AND SKILLS:
oMinimum seven (7) years' experience in the design and administration of multiple Retirement programs, oDemonstrated leadership experience including knowledge of timekeeping requirements, policy adherence, conflict resolution and the ability to resolve issues efficiently and effectivelyoKnowledge of federal, state and local regulations and compliance requirements related to retirement (such as ERISA, Fiduciary responsibilities)oExperience with vendor relations and multi-state employers with the ability to negotiate favorable terms and conditionsoExperience in managing multiple benefit programs for union and non-unionoStrong computer knowledge of MS Office (Word, Excel, PowerPoint) and HCM systems; experience with Workday preferredoAbility to design and present information to all levels of the organizationoStrong customer focus with exceptional communication skills, both verbal and written, with the ability to fluently communicate effectively with internal and external customers in a timely and professional manneroSelf-starter who demonstrates strong initiative and sense of urgency and is comfortable with multi-tasking, able to manage multi-step procedures, handle frequent interruptions in work flow and prioritization in a fast-paced environmentoAbility to effectively interact with staff at all levels in a fast-paced environment, exhibiting professionalism and composure in stressful situations with a high level of confidentialityoStrong attention to detail and organizational skills with the ability to prioritizeoAbility to work collaboratively with others, possessing tact and discretion and demonstrate a high level of confidentiality in all mattersSAFETY REQUIREMENTS:
oFollow and ensure others follow departmental and company safety policies and programsoWear required protective equipment in all areas where mandatoryPHYSICAL REQUIREMENTS:
oAbility to remain stationary for extended periods of intense concentrationoAbility to work weekends, holidays and extended shifts as neededoTravel up to 15%#LI-KP1#LI-HybridWe are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Recommended Skills Administration Attention To Detail Auditing Calculations Certified Employee Benefit Specialist Coaching And Mentoring Estimated Salary: $20 to $28 per hour based on qualifications.
The Mgr.
Retirement Plans as a human resources leader is responsible for developing and supporting the strategy, design, and development of all retirement plan programs.
This role partners with the organization's leaders and HR teams to implement and drive retirement standard processes and procedures ensuring programs are competitive, sustainable, scalable, and have a positive impact on short and long-term performance of the entire organization.
The Mgr.
Retirement Plans directs the day to day activities of a staff of retirement plan professionals to ensure consistency in practices and communication of all related programs.
RESPONSIBILITIES AND TASKS:
oEvaluate the effectiveness of all retirement programs, policies, guidelines and procedures and recommend plan revisions or new plans that are cost-effective and consistent with trends and corporate objectives,'oCoordinate communication, implementation and provide guidance surrounding retirement program guidelines to employees; retirement programs include and are not limited to 401k plans, non-qualified plans, traditional retirement plans, etc.
, oDevelops deep relationships with advisors, plan sponsors, and third-party administrators.
This role is the strategic partner to our clients and advisors to provide creative solutions that meet business goals of retention, growth, and retirement readiness.
oOversee the communications activities of a team focused on the day-to-day administration of the company's retirement programs, providing guidance and direction to ensure work performed is compliant with all applicable policies, regulations and legal requirements.
oProvide consulting expertise to clients on matters such as plan design, fiduciary responsibility, and operational compliance of legacy retirement matters for the company.
oSupport the Director of Benefits in Benefit related projects and implementations.
oDevelops and executes routine communications to all employees regarding the company's retirement plans, retirement planning and educational resources, vendor-provided services, etc.
oCoordinates the planning and execution of all Retirement Committee meetings, to include the agenda, meeting material, invitations and minutes.
oEnsure that all retirement plans are routinely reviewed for compliance, and audits are scheduled as needed.
oCoordinate all annual filings that are required by the IRS and other agencies, ensuring that the company is in compliance with all annual retirement plan filings.
oConduct review with the company's 401(k) administrator and retirement plans manager at least annually, providing clear feedback and direction to these vendors, and hold them accountable for any agreed upon action plans.
oMay participate in meetings and relevant sub-committees for the development of related programs that improve employee participation, reduce company and employee costs; identify opportunities for improvement (i.
e.
processes, programs, cost savings, etc.
); develop, implement and communicate as appropriate.
oAssist in the identification of compliance issues in retirement plans, calculate corrections and draft submissions for the IRS and DOL correction programs.
oPartner with local leadership in negotiating retirement related terms for collective bargaining agreements (CBAs) as needed.
oInterpret and apply laws, regulations, judicial precedent and other guidance.
oMentor, coach and train/ cross-train employees encouraging career development; provide consistent feedback concerning strengths and areas in need of improvementoPerform additional relevant duties as assigned SUPERVISOR
Responsibilities:
(select one)oThis role is a Leader of People role with required competencies:
Sizing up People, Delegation, Planning, Customer Focus and Conflict Management.
EDUCATION and CERTIFICATIONS:
oRequired Education:
Bachelors' degree in Human Resources, Finance or other relevant discipline from an accredited institution or minimum of 10 years directly related experience; Masters' degree in related field preferred.
oCEBS, PHR/SPHR preferredEXPERIENCE AND SKILLS:
oMinimum seven (7) years' experience in the design and administration of multiple Retirement programs, oDemonstrated leadership experience including knowledge of timekeeping requirements, policy adherence, conflict resolution and the ability to resolve issues efficiently and effectivelyoKnowledge of federal, state and local regulations and compliance requirements related to retirement (such as ERISA, Fiduciary responsibilities)oExperience with vendor relations and multi-state employers with the ability to negotiate favorable terms and conditionsoExperience in managing multiple benefit programs for union and non-unionoStrong computer knowledge of MS Office (Word, Excel, PowerPoint) and HCM systems; experience with Workday preferredoAbility to design and present information to all levels of the organizationoStrong customer focus with exceptional communication skills, both verbal and written, with the ability to fluently communicate effectively with internal and external customers in a timely and professional manneroSelf-starter who demonstrates strong initiative and sense of urgency and is comfortable with multi-tasking, able to manage multi-step procedures, handle frequent interruptions in work flow and prioritization in a fast-paced environmentoAbility to effectively interact with staff at all levels in a fast-paced environment, exhibiting professionalism and composure in stressful situations with a high level of confidentialityoStrong attention to detail and organizational skills with the ability to prioritizeoAbility to work collaboratively with others, possessing tact and discretion and demonstrate a high level of confidentiality in all mattersSAFETY REQUIREMENTS:
oFollow and ensure others follow departmental and company safety policies and programsoWear required protective equipment in all areas where mandatoryPHYSICAL REQUIREMENTS:
oAbility to remain stationary for extended periods of intense concentrationoAbility to work weekends, holidays and extended shifts as neededoTravel up to 15%#LI-KP1#LI-HybridWe are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Recommended Skills Administration Attention To Detail Auditing Calculations Certified Employee Benefit Specialist Coaching And Mentoring Estimated Salary: $20 to $28 per hour based on qualifications.
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