Senior Benefits Analyst

Ascent Services Group - Senior Benefits Analyst

The Senior Benefits Analyst is responsible for executing the daily operations of the 401(k) program and other retirement programs.Essential Functions, Responsibilities:

• Manage 401(k) retirement plan to include administration, annual discrimination testing, audit, and 5500/SARs.
• Facilitate quarterly fiduciary committee meetings for plan review and performance.
• Analyze, validate, and resolve eligibility between multiple systems and recordkeeper.
• Project manage initiatives including auto-enrollment, plan mergers, amendments, etc.
• Lead plan mergers with recordkeeper for acquired companies.
• Prepare communications and employee touch-points about the retirement plans.
• Complete weekly payroll contribution validation and funding.
• Timely respond to employee or management inquires related to the retirement plans and larger benefit program offer.
• Document and maintain administrative procedures.
• Backup critical support services functions, as necessary.
• Other duties as assigned.

• Demonstrated working knowledge of the variety and structure of retirement plans, including pension, 401(k), IRAs, and nonqualified plans.
• Working knowledge of current benefits laws and regulations (including ERISA, HIPAA and other benefit legislation)
• Plan merger experience, a plus
• Excellent written/verbal communication skills
• Strong analytical skills and a thorough knowledge of plan designs