Retirement Plans Manager

Retirement Plans Manager Overview

• The Retirement Plans Manager will oversee the administration, governance, and compliance of the client's retirement programs.
• Collaborate with cross-functional teams to ensure seamless operations and adherence to regulations.
• Maintain vendor relationships and evaluate service options to enhance plan offerings.
• Ensure compliance with federal and state regulations, including ERISA and DOL guidelines.
• Prepare and review performance reports and oversee structured employee communications.
• Lead educational presentations and outreach to enhance employee understanding of retirement plans.
• Contribute to the development and execution of strategic initiatives for retirement plan enhancements.
• Provide expert guidance on complex participant and operational issues.

Retirement Plans Manager Key Responsibilities & Duties

• Manage day-to-day operations and administration of retirement plans, ensuring accuracy and adherence to SOPs.
• Execute compliance requirements such as ERISA audits, disclosures, and non-discrimination testing.
• Collaborate with accounting and finance teams for expense forecasting and data reconciliation.
• Monitor regulatory updates and assist in maintaining team documentation and SOPs.
• Evaluate vendor services and participate in RFPs to enhance plan offerings.
• Prepare detailed performance reports and oversee employee retirement communications.
• Lead educational sessions for new hires and provide ongoing support for employee inquiries.
• Ensure strict adherence to data accuracy and operational guidelines.

Retirement Plans Manager Job Requirements

• Bachelor’s degree in Finance, Accounting, Human Resources, or related field preferred.
• 8+ years of experience in defined contribution plan administration, with leadership experience.
• Proficiency in ERISA, SECURE Act, DOL, and IRS guidelines.
• Advanced Excel skills and exceptional analytical techniques.
• Experience with HRIS/Payroll platforms such as Workday or SAP/EC Payroll preferred.
• Professional certifications like CEBS, QKA, or SHRM-CP/SCP are advantageous.
• Strong communication skills and ability to manage sensitive information discreetly.
• Ability to build collaborative relationships and ensure operational excellence.