Job description

Benefits Specialist| Remote Job | $78/hr

Shift schedule: Mon - Fri 8 AM to 5 PM

REMOTE SET UP!

6 months to 1 year Contract!

Primary Responsibilities:

• Manage and maintain vendor 401(k) relationships to ensure service levels are met according to contractual agreement, including consultants and third-party administrators.

• Perform analysis of 401(k) plan, including data comparisons, error trending, participation track and trending, eligibility, and plan compliance analysis.

• Administer and maintain 401(k) compliance requirements.

• Administer all components of the 401(k) plan, including provide data to vendor and accurate & timely funding of the plan. 

• Manage 401(k) related projects.

• Ensure annual non-discrimination testing and 5500 filing accuracy.

• Facilitate annual 401(k) match process timely and accurately.

• Participate in annual auditing processes with external auditors, and internal finance and auditing partners.

• As 401(k) SME, handle routine benefits inquiries from associates, related to plan detail, eligibility, enrollment, and claim issues.  Able to resolve complex and escalated issues.

• Review and audit benefit deductions and ensure deductions for various benefit plans are funded accurately into associate’s account. 

• Reconcile 401(k) data to ensure transmitted contributions match Payroll deductions.

• Oversee vendor contractual adherence and renewals in coordination with procurement team to ensure timely invoice remittance within annual budget.

• Responsible for research and feedback to escalated customer service issues with third party suppliers. 

• Identify trends and develops solutions to improve customer experience.

• Assist the Benefits team and other stakeholders (i.e., Labor Relations, HRBPs) in gathering, organizing, and analyzing data from multiple sources using Excel spreadsheets and other analytical tools.

• Analyze results, interpret data and summarize findings and implications using PowerPoint, Word, and other written communication formats. 

• Maintain/oversee compliance with company policies, state and federal regulations.

• Act as back up to Pension Plan administration and vendor management.

• Ad hoc projects as required, assigned, or requested to continue optimizing plans effectiveness and efficiency.

Minimum Qualifications:

• Bachelor’s degree or equivalent relevant experience preferred

• 3 years of experience analyzing 401(k) benefit plans

• Advanced knowledge in MS applications, including Excel, Word, Outlook, PowerPoint

• An understanding federal and state regulations governing benefits plans

• Knowledge of health/ welfare, retirement and leave benefit products, services and tools

Apply now! Over the phone initial process!

Job Type: Contract

Salary: $78.00 per hour

Schedule:

• 8 hour shift

Education:

• Bachelor's (Preferred)

Experience:

• analyzing 401(k) benefit plans: 3 years (Required)
• Workday HCM & Payroll: 2 years (Preferred)

Work Location: Remote

www.colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, www.colinoncars.com is the ideal place to find your next job.