Bethesda, MD, USA
11 days ago
Manager, Retirement Plans

The Retirement Plans Manager works with the Total Rewards team to execute Clark’s strategy for its benefits and wellness programs.

Responsibilities

Manage the day-to-day operations of the administration of Clark’s retirement plans

Execute retirement compliance requirements including annual ERISA Plan Audits, annual government disclosures/filings, Summary Plan Descriptions, internal audits, non-discrimination testing and determination of highly compensated employees. This includes responsibility for understanding and ensuring compliance in the plan administration function with all applicable federal and state laws such as Davis Bacon, ERISA and the Internal Revenue Code

Supervise retirement team

Oversee the 401(k) funding, including 401(k) match and annual company contribution calculation. Ensure adherence to internal governance process

Partner with accounting to forecast Retirement Plans 401(k) match and company contribution expense as needed

Participate in Retirement Plan subcommittee on investment options

Manage complex and escalated retirement issues

Oversee employee communications through multiple delivery channels

Prepare and review monthly, quarterly and annual plan performance reports

Collaborate with HRIS team on retirement plan configuration.

Develop relationships with plan administrators, financial advisors, and other service providers and vendors as well as internal departments including Payroll, Finance and HR

Monitor retirement plan trends, developments, best practices, and legal and regulatory changes in retirement planning and administration

Lead periodic vendor RFPs

Qualifications

Retirement plan experience in progressive roles

Bachelor’s degree preferred in finance/accounting, human resources or related discipline.

3 years of progressive team leadership or supervisory experience

Strong knowledge of defined contribution retirement program regulations, including ERISA, DOL and IRS guidelines

Experience with Workday preferred.

SHRM-CP/SCP, S/PHR, PSCA or related/similar certifications

Knowledge of Spanish helpful

Competencies

Ability to work independently and in a collaborative environment.

Takes initiative and ownership of projects

Ability to problem solve and negotiate outcomes

Strong research and data analysis techniques, including high proficiency with Excel, and ability to interpret and communicate data

Excellent communication skills and the ability to explain complex retirement concepts to diverse audiences

Strong decision-making skills

Able to confidentially maintain personal information.  Understands and respects the sensitive nature of information and manages this responsibility to ensure issues are handled discreetly, effectively and efficiently

Exceptional attention to detail and insistence on accuracy

Able to manage multiple projects and activities simultaneously, with a strong ability to prioritize, organize and work effectively with minimal supervision in a fast-paced environment

Proficiency with Google Suites

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