Manage the day-to-day operations of the administration of Clark’s retirement plans. Execute retirement compliance requirements including annual ERISA Plan Audits, annual government disclosures/filings, Summary Plan Descriptions, internal audits, non-discrimination testing and determination of highly compensated employees. This includes responsibility for understanding and ensuring compliance in the plan administration function with all applicable federal and state laws such as Davis Bacon, ERISA... more details
The Retirement Plans Manager works with the Total Rewards team to execute Clark’s strategy for its benefits and wellness programs.
Responsibilities
Manage the day-to-day operations of the administration of Clark’s retirement plans
Execute retirement compliance requirements including annual ERISA Plan Audits, annual government disclosures/filings, Summary Plan Descriptions, internal audits, non-discrimination testing and determination of highly compensated employees. This includes responsibility for understanding and ensuring compliance in the plan administration function with all applicable federal and state laws such as Davis Bacon, ERISA and the Internal Revenue Code
Supervise retirement team
Oversee the 401(k) funding, including 401(k) match and annual company contribution calculation. Ensure adherence to internal governance process
Partner with accounting to forecast Retirement Plans 401(k) match and company contribution expense as needed
Participate in Retirement Plan subcommittee on investment options
Manage complex and escalated retirement issues
Oversee employee communications through multiple delivery channels
Prepare and review monthly, quarterly and annual plan performance reports
Collaborate with HRIS team on retirement plan configuration.
Develop relationships with plan administrators, financial advisors, and other service providers and vendors as well as internal departments including Payroll, Finance and HR
Monitor retirement plan trends, developments, best practices, and legal and regulatory changes in retirement planning and administration
Lead periodic vendor RFPs
Qualifications
Retirement plan experience in progressive roles
Bachelor’s degree preferred in finance/accounting, human resources or related discipline.
3 years of progressive team leadership or supervisory experience
Strong knowledge of defined contribution retirement program regulations, including ERISA, DOL and IRS guidelines
Experience with Workday preferred.
SHRM-CP/SCP, S/PHR, PSCA or related/similar certifications
Knowledge of Spanish helpful
Competencies
Ability to work independently and in a collaborative environment.
Takes initiative and ownership of projects
Ability to problem solve and negotiate outcomes
Strong research and data analysis techniques, including high proficiency with Excel, and ability to interpret and communicate data
Excellent communication skills and the ability to explain complex retirement concepts to diverse audiences
Strong decision-making skills
Able to confidentially maintain personal information. Understands and respects the sensitive nature of information and manages this responsibility to ensure issues are handled discreetly, effectively and efficiently
Exceptional attention to detail and insistence on accuracy
Able to manage multiple projects and activities simultaneously, with a strong ability to prioritize, organize and work effectively with minimal supervision in a fast-paced environment
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