Benefits Analyst

Responsibilities

• Performs professional-level administration and analytical support for retirement and health programs.
• Ensures plan integrity through rigorous compliance monitoring, vendor management, and data-driven insights.
• Serves as the primary administrator for the 401(k) retirement plan, ensuring compliance with federal regulations and company policy.
• Partners with recordkeeper to resolve issues and optimize plan operations.
• Coordinates annual activities such as internal and external audits and Form 5500 filings.
• Conducts regular data audits between internal HRIS and vendor systems to ensure seamless file integration and deduction accuracy.
• Aids in the review and interpretation of plan documents and summary plan descriptions and prepares language to reflect changes in plan design and administration.
• Solves department questions regarding the benefits program.
• Trains/mentors new and incumbent department associates.
• Provides input on the recruitment of benefits specialists.
• Performs financial reconciliation of plan assets and premium payments; identifies and resolves discrepancies to ensure fiscal accountability.
• Responsible for maintaining timeline of regulated activities (e.g., SMM/SPD disbursement, QDIA mailing, and non-discrimination testing).
• Maintains departmental contracts, vendor contacts, and oversees the general organization of plan documents, associate records, and the like.
• Works with vendors to resolve issues as necessary.
• Assists in the administration of Health and Welfare programs.

Qualifications

• Bachelor’s degree in Human Resources, Business Administration, or related field preferred.
• Minimum of 3 years of experience in benefits administration, with direct 401(k) plan administration experience preferred.