401(k) Administrator

Responsibilities

• Manage day-to-day administration of the company's 401(k) plan.
• Process enrollments, eligibility updates, terminations, beneficiary changes, and employee record maintenance.
• Administer participant loans, hardship withdrawals, rollovers, and distributions.
• Serve as the primary point of contact for employees and plan vendors regarding retirement plan matters.
• Manage bi-weekly data feeds to Fidelity, including new hires, terminations, and leave of absence updates.
• Reconcile payroll deductions and retirement plan contributions.
• Maintain retirement plan documentation and compliance records.
• Support annual audits and compliance testing activities.
• Ensure compliance with ERISA, fiduciary, and regulatory requirements.
• Coordinate 401(k) committee meetings and maintain meeting documentation.
• Prepare materials, agendas, and follow-up action items.
• Manage relationships with Fidelity and other retirement plan vendors.
• Aid in employee communications and educational materials related to the 401(k) plan.

Qualifications

• 5+ years administering 401(k) or retirement plans.
• Experience working with Fidelity or another retirement plan recordkeeper.
• Form 5500 coordination experience.
• Payroll reconciliation and contribution processing experience.
• Knowledge of ERISA and retirement plan compliance requirements.

Desired Skills and Experience

• 401(k) Administration.
• Retailment Plan Administration.
• Form 5500.
• ERISA.
• Fidelity Investments.
• Benefits Administration.
• Payroll Reconciliation.
• ADP Workforce Now.
• Compliance Auditing.
• Employee Benefits.