HR Analyst/ Retirement Administrator from System One
Hershey, PA
About the Job
System One is hiring an HR Analyst with experience in Retirement and Pension administration for our global client in Hershey! This is a 12 month contract role!
Hybrid work schedule
HR Analyst overview
Administer all aspects of employee pension and 401(k) in accordance with Company policy and/or state, federal or local laws for U.S. employees, while providing instruction, guidance and excellent customer service to employees, managers, and human resources professionals. Role will support Canada as needed for English-speaking employees. Role additionally supports other Benefit areas as needed.
HR Analyst Responsibilities:
Hybrid work schedule
HR Analyst overview
Administer all aspects of employee pension and 401(k) in accordance with Company policy and/or state, federal or local laws for U.S. employees, while providing instruction, guidance and excellent customer service to employees, managers, and human resources professionals. Role will support Canada as needed for English-speaking employees. Role additionally supports other Benefit areas as needed.
HR Analyst Responsibilities:
- Work directly with 3rd party administrators on all issues related to 401(k) and Pension.
- Weekly funding of U.S. 401(k) and Canada Registered Retirement Savings Plan (RRSP)
- Weekly and quarterly audits of 401(k), RRSP, pension vendor files
- Monthly pay out of 8% Supplemental Retirement Contribution benefit
- Semi-annual Supplemental Retirement Contribution (SRC) process for U.S.
- Annual Core Retirement Contribution (CRC) process for U.S., Puerto Rico, and Canada benefit
- Primary contact for planning and administration of legally required communications and all communications associated with special payment processes (SRC, CRC, etc.)
- Monitor and respond to 3rd party administrator tickets timely and effectively.
- Run monthly queries to create and complete self-bill invoices for US. And Canada disability and life insurances
- Pay monthly bills received from benefit vendors
- Serve as subject matter expert on pension and 401(k)/RRSP for participants, managers, askHR, HR Consultants, Total Rewards, Finance, and Payroll.
- Assist with internal/external auditor and Sarbanes-Oxley (SOX) and 5500 requests and proactively ensures data integrity.
- Participate on various work teams examining the enhancement of programs, procedures, policies, processes, workflows, automation related benefits.
- Provide ongoing support to former employees/retirees by answering simple to complex questions related to pension and 401(k).
- Excellent computer skills - especially Excel and data analytics tools
- Bachelors Degree or equivalent training or experience.
- Working knowledge of 401(k) and pension rules and requirements.
- Ability to effectively communicate with employees, managers, IT, vendors, legal and payroll quickly and efficiently.
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