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AZ - Retirement Benefits Specialist (On-Site)

Vensure Employer Solutions

AZ - Retirement Benefits Specialist (On-Site)

Chandler, AZ
Full Time
Paid
  • Responsibilities

    About Us

    Founded in 2004, Vensure Employer Services provides PEO solutions and human resource outsourcing to small and mid-market businesses across the country. Through its subsidiaries, including VensureHR, the company processes more than $19 Billion in payroll and supporting more than 874,770 worksite employees. With services including payroll, medical and voluntary benefits, workers' compensation, risk management and HR administration, Vensure companies support a broad spectrum of industries, allowing small business owners to cost-effectively manage HR functions and turn their attention to growth and profitability initiatives.

    Position Summary

    The Retirement Benefits Specialist position is responsible for assisting Vensure’s Retirement Team by providing administrative support to client sponsored retirement plans and Vensure’s 401(k) Multiple Employer Plans (MEP). In this role, you will be involved in all aspects of the day-to-day operations, including plan compliance, supporting clients and participants, retirement-related payroll adjustments and setting up new retirement plans. The Retirement Benefit Specialist partners directly with retirement vendors to resolve issues and find improvements to plan processes.

    Essential Duties and Responsibilities

    • Assist with administration of retirement plans by uploading contribution files, resolving file errors, navigating retirement provider websites, and remitting payments.
    • Support the Vensure MEPs through daily administration including reviewing and approving distributions and participant loans, enrolling new participants, and correcting contribution errors.
    • Communicate with internal and external customers regarding 401(k) administration, providing subject matter expertise and support for Vensure products and services.
    • Ability to both follow and create process documents.
    • Coordinate with Vensure’s retirement vendor to perform due diligence on Vensure’s MEP and resolve issues.
    • Work with multiple departments including Payroll, Client Relations, and Benefits to coordinate timely administration of retirement plans.
    • Annual Form 5500 and audit support
    • Maintain accuracy while working with high volumes in a hyper-growth environment

    Knowledge, Skills, and Abilities

    • Organizational skills• ERISA knowledge• Strong written and oral communication skills• Willingness to learn• Interpersonal skills• Detail oriented• Proactive• Teamwork

    Education & Experience

    • Associates Degree or equivalent combination of experience, skills, education (including other relevant non-traditional degree programs, certifications, or job training programs) preferred.
    • 2+ years of retirement plan experience
    • Multiple Employer Plan (MEP) experience a plus.
    • Retirement related credentials a plus (ASPPA, CEBS, etc.)