401K Administrator

Job Description

Job Description

Job Title: 401K Administrator

Reports To: Corporate Director of Benefits

Location: Wall Township, NJ

Job Type: Full-Time, Monday-Friday, Exempt

Salary: $64K-$72K, based on experience

Job Summary:

The 401k Administrator, will assist in managing the day-to-day functions of the company’s retirement plan and assist the benefits team with comprehensive benefits program. In this role, you will serve as a primary contact with all related plan administration, compliance and support experience for our employees. The ideal candidate has expertise in retirement plan management, Union 401k Plan, funding arrangements and data-driven HR processes.  Excel expert and UKG a huge plus.

Essential Responsibilities and Duties:

• Responsible for the funding of the 401k plans – Union experience a plus
• Supports maintenance and administration of 401(k) benefit plan processes and provides resolution for time sensitive benefits issues.
• Provides support to employees during Annual Enrollment, including co-facilitating information sessions, responding to questions and escalations, and interacting with our recordkeepers/TPA’s to resolve issues and/or questions.
• Interacts with STA benefits vendors regarding detailed employee issues and acts as a liaison between vendors and field Human Resources and Payroll.
• Coordinates daily 401(k) benefits processing.
• Provides consultative support to current and former employees regarding 401(k) benefit plans.
• Ensure timely and accurate transactions of contributions and payments with the plan provider.
• Perform audits, testing and filings to ensure accuracy of plan administration.
• Run standard reports in UKG and create ad-hoc reports for audits and/or analysis to support 401(k) benefits compliance.
• Plan and administer all employee enrollment activities for new-hires, annual enrollment, enrollment changes and termination related to 401(k) benefits.
• Assist with the loan, hardship, and distribution review/process.
• Review census data, determine employee eligibility and participation.
• Assist with contribution calculations and asset reconciliation/trust accounting.
• Work closely with retirement vendors, benefits team, payroll and HR.
• Perform other duties as assigned.

Qualifications:

• 4+ years of 401(k) Plan Benefits administration experience – Union a Plus
• High school diploma, associate’s degree, Bachelor’s Degree in Human Resources or related field
• Experience managing benefits across multiple states or locations
• Proficient in MS Outlook, expert in Excel, Word
• UKG UltiPro experience is a Major plus

Desired Skills and Abilities:

• Knowledge of all pertinent federal and state regulations, filing and compliance requirements.
• Excellent written and verbal communication skills.
• Energetic, self-motivated to strive for professional excellence, highly professional demeanor.
• Great technical ability and proficiency within Microsoft Office
• Advanced Excel user (pivot tables, v-lookups, formulas) required.
• Be comfortable with data, running and analyzing reports.
• Proven ability for analyzing and critical thinking.
• Experience with HRIS systems: UKG (UltiPro) and Benefits Prime experience is a plus.
• Must demonstrate trustworthiness, confidentiality, initiative, and flexibility.
• Passion for delivering Benefit Services and demonstrates a Can-Do-Attitude.

The below statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. 

STA is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants; returning military are strongly encouraged to apply. Applicants will receive fair and impartial consideration without regard to race, sex, color, national origin, age, disability, veteran status, genetic data, gender identity, sexual orientation, religion or other legally protected status, or any other classification protected by federal, state, or local law.

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