Analyst Benefits, Retirement Plans - Human Resources
Washington University in St. Louis
Location: UNIVERSITY CITY, Missouri
Internal Number: JR68089
Serves as a subject matter expert in retirement plans and deferred compensation administration. Leads compliance activities for 403(b) and the deferred compensation plans; manages payment and funding processes for the retirement plans and tuition; and provides day-to-day operations support and customer service.
This position is a hybrid work environment (on campus and remote); regular business hours with extra hours, as needed; and must have the ability to travel to various WashU campus locations.
Primary Duties and Responsibilities
Lead annual 403(b) compliance activities including audit and 5500 reporting and SARs in collaboration with finance and external auditors; ensure compliance with all notice requirements, responsible for nondiscrimination testing.
Responsible for all aspects of the deferred compensation (457b, 457f) plans including enrollment, contributions, and distributions.Â
Monitor the supplemental retirement payments to ensure accuracy, as needed.
Coordinate with executive compensation team for information and support needed for board meetings.
Remit retirement plan contributions and funding in accordance with plan rules and standards after payroll and ad hoc as needed.
Make adjustments (mistake of facts), transfer files, process contributions and funding and associated financial entries for retirement plans, including the deferred compensation plans and tuition plans.
Request payment from the revenue credit account.
Process vendor payments and accruals.
Perform retirement plan data analysis and periodic data entry.
Proactively identify, propose solutions to, and correct issues that may arise.
Complete retirement plans projects, as assigned.
Assist employees with complex retirement plan questions.
Perform other duties as assigned.
Prior experience administering large and complex retirement plans and deferred compensation plans.
Third party administration experience.
Experience working with retirement plan vendors.
Advanced experience working with Microsoft Excel
Workday system experience.
Demonstrated effective analytical skills.
Demonstrated effective verbal, written, and interpersonal communication skills - including the ability to communicate highly technical content.
Effective critical thinking and problem solving skills.
Attention to detail.
Focus on compliance and adherence to various legal and regulatory requirements.
Five to seven years of previous experience with benefits.
$25.90 - $41.46 / HourlyThe salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.
Washington University in St. Louis is committed to providing a comprehensive and competitive benefits package to our employees. Benefits eligibility is subject to employment status, full-time equivalent (FTE) workload, and weekly standard hours. Please visit our website at https://hr.wustl.edu/benefits/ to view a summary of benefits.
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the Universityâ™s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.
Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment â“ fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.
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Washington University in St. Louis, a medium-sized, independent university, is dedicated to challenging its faculty and students alike to seek new knowledge and greater understanding of an ever-changing, multicultural world. The University offers more than 90 programs and almost 1,500 courses leading to bachelor's, master's and doctoral degrees in a broad spectrum of traditional and interdisciplinary fields, with additional opportunities for minor concentrations and individualized programs. The faculty is composed of scholars, scientists, artists and members of the learned professions. They serve society by teaching; by adding to the store of human art, creativity, understanding, and wisdom; and by providing direct services, such as health care.