SWBC is seeking a talented individual to administer the SWBC PEO 401(k) program for client companies and shared employees by working with assigned corporate clients to coordinate services being provided by a third-party administrator.
Essential duties include the following:
Advises clients and/or employees on policies and procedures for the third-party 401(k) program, the benefits of maintaining a 401(k) plan, plan options and designs, and other financial services to include meeting with clients/employees to process open enrollments and to ensure plan compliance with Federal and state laws and reporting requirements.
Provides enrollment support for all clients who adopt the company 401(k).
Processes and enters all necessary adjustments on the carrier sites/HRP. Assists with all needed HPR updates upon client renewals.
Maintains program deductions to include submitting deductions to the third-party administrator, reconciling deductions to transfers and transfers to payments.
Processes monthly client account reconciliations. Processes distributions, rollovers, and loans.
Gathers, calculates, and regularly reports metrics on general business activities relative to performance and quality assurance and performs yearly plan audits.
Stays abreast of current regulations and new pension plan laws by attending seminars, professional association meeting, and/or other training activities.
Performs all other duties as assigned.
Serious candidates will possess the minimum qualifications:
High School Diploma or equivalency required.
Bachelor's Degree in Human Resources, Business Administration, Accounting, or related field of study from an accredited four-year college or university preferred.
Minimum of three (3) years of 401(k)/defined contribution retirement plan administration and/or design, or related experience preferred.
Experience working in accounting, payroll, and/or human resources preferred.
Proficient in 401(k) statements, payroll contributions, and distributions.
Proficient general accounting knowledge.
Strong reconciliation skills.
Excellent organizational and multi-tasking skills with attention to detail.
Excellent presentation skills.
Strong interpersonal skills.
Excellent verbal and written communication skills.
Strong analytical and organizations skills.
Able to exercise sound judgement and formulate decisions.
Able to work independently with minimal supervision.
Able to grasp and understand business concepts and issues.
Able to comprehend complex technical topics and specialized information.
Proficient Microsoft Office skills, including Outlook, Word, and Excel.
Able to travel locally or nationally by car or plane.
Sit for long periods of time performing sedentary activities.
Stand, stoop, and kneel to file for long periods of time.
SWBC offers*:
Competitive overall compensation package
Work/Life balance
Employee engagement activities and recognition awards