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Vensure Employer Solutions, the largest privately held HR technology and services organization, is seeking a Retirement Benefits Specialist to support its Retirement Team. The company serves over 95,000 businesses and processes over $135B in annual payroll.
In this role, you will provide administrative support to client-sponsored retirement plans, including Vensure's 401(k) Multiple Employer Plans (MEP) and Pooled Employer Plans (PEP). You will manage day-to-day operations including plan compliance, client and participant support, retirement-related payroll adjustments, and setup of new retirement plans.
Key responsibilities include:
- Administering retirement plans by uploading contribution files, resolving file errors, navigating retirement provider websites, and remitting payments
- Supporting MEPs and PEPs through daily administration: reviewing and approving distributions and participant loans, enrolling new participants, and correcting contribution errors
- Communicating with internal and external customers regarding 401(k) administration and providing subject-matter expertise on Vensure products and services
- Creating and following process documents to ensure consistent, accurate procedures
- Partnering with retirement vendors to perform due diligence on MEP/PEP plans and resolve issues
- Coordinating with Payroll, Client Relations, and Benefits departments to ensure timely plan administration
- Coordinating year-end compliance testing and reporting for various 401(k) plans
- Providing Form 5500 and audit support
- Maintaining accuracy while working with high volumes in a hyper-growth environment
You will need strong organizational and interpersonal skills, excellent written and oral communication, attention to detail, and a proactive, collaborative approach to teamwork.
REQUIREMENTS:
- Associate's degree or equivalent combination of experience, skills, and education (including relevant non-traditional degree programs, certifications, or job training programs) preferred
- 2+ years of retirement plan experience
- Group retirement plan (MEP/PEP) experience a plus
- Retirement-related credentials a plus (ASPPA, CEBS, etc.)
- Prism HRIS software experience a plus
- ERISA knowledge required
