Senior Benefits Analyst, Retirement
Senior Benefits Analyst, Retirement
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Job Description
Company:
US6469 Sysco Payroll Division of Sysco Resources Services LLCSales Territory:
NoneZip Code:
77077Travel Percentage:
0COMPENSATION INFORMATION:
The pay range provided is not indicative of Syscos actual pay range but is merely algorithmic and provided for generalized comparison. Factors that may be used to determine rate of pay include specific skills work location work experience and other individualized factors
Our Global Support Center/ Corporate Office is located in the Energy Corridor- off I10 and N Eldridge.
Address: 1390 Enclave Pkwy Houston TX 77077
Hybrid Role: In-office Monday Tuesday Wednesday. Work from home on Thursday and Friday.
Job Profile Summary:
The Senior Retirement Analyst will play a key role in supporting the administration and compliance of the Sysco 401 (K) & The Sysco Retirement Plan. In this role the Senior Retirement Analyst will ensure data accuracy between Workday / Vendors systems plan compliance internal & external audits and managing vendor relationships. The ideal candidate brings strong technical acumen analytical skills and a collaborative approach to working across HR Payroll HRIS and vendor teams. This role will play a key part in ensuring our retirement programs are competitive compliant and aligned with the companys overall Total Rewards strategy.
Key Responsibilities:
System & Data Management
- Serve as a subject matter expert and lead analyst for retirement plans ensuring operational excellence and compliance with ERISA IRS DOL and other regulatory bodies.
- Oversee day-to-day retirement plan administration such as resolving employee & vendor questions and issues that arise.
- Partner with HRIS to ensure successful inbound & outbound data integration between vendors and Workday.
- Collaborate with internal/ external teams to in multifaceted projects.
- Conduct audits and reconciliations to ensure employee 401 (K) elections and Loan deductions are accurate and aligned.
- Monthly review of Pension & 401 (K) data.
Retirement Administration
- Serve as a subject matter expert on retirement plans and integrations.
- Assist with system configurations testing and validation processes.
- Troubleshoot employee and vendor issues.
- Collaborate with vendors to implement data feeds changes resolve discrepancies and enhance employee experience.
Reporting & Compliance
- Lead annual retirement plan audits actuarial valuations and non-discrimination testing.
- Ability to understand complex reporting create ad hoc reports quickly and present to teams.
- Support compliance with ERISA IRS DOL and other regulatory requirements through data accuracy and documentation.
- Assist with audits filings and year-end processes including W2 reporting AFN PBGC and Form 5500 preparation.
- General understanding of how to interpret Collective Bargaining Agreements.
- Monitor legislative and regulatory developments impacting retirement plans and recommend necessary changes.
Cross-Functional Collaboration
- Work closely with Payroll HRIS and Total Rewards teams to ensure aligned processes and seamless handoffs.
- Participate in system upgrades new vendor implementations and benefits-related projects.
- Provide training and documentation for HR team members and employees as needed.
- Support M&A activities including plan integrations due diligence and transition planning.
Qualifications:
- Bachelors degree in Human Resources Business Administration Information Systems or a related field preferred.
- 2 years of experience in retirement plan administration or benefits management.
- Experience with Annual Audits for Defined Contribution & Defined Benefit Plans and in-depth knowledge of DC and DB plans.
- Experience with benefits platforms (e.g. Fidelity PSW Benefit Connect Bswift Workday Northern Trust) and file feed integrations.
- Advanced Excel skills and strong analytical capabilities.
- Exceptional attention to detail critical thinking skills and ability to manage multiple priorities.
- Excellent communication and collaboration skills.
- Understanding of ERISA IRS and DOL regulatory requirements.
- Ability to make critical decisions independently with minimum oversight.
Preferred Qualifications:
- 5 years of experience in retirement plan administration or benefits management.
- Experience in retirement benefits administration in both US and Canada.
- Experience with system testing implementation or configuration of benefits platforms.
- Experience working in a large complex organization and union populations.
- Ability to explain complex retirement concepts clearly to non-technical audiences.
- Ability to quickly respond to critical projects/ request.
BENEFITS INFORMATION:
For information on Syscos Benefits please visitOVERVIEW:
Sysco is the global leader in foodservice distribution. With over 71000 colleagues and a fleet of over 13000 vehicles Sysco operates approximately 333 distribution facilities worldwide and serves more than 700000 customer locations.
We offer our colleagues the opportunity to grow personally and professionally to contribute to the success of a dynamic organization and to serve others in a manner that exceeds their expectations. Were looking for talented hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.
AFFIRMATIVE ACTION STATEMENT:
Applicants must be currently authorized to work in the United States.
We are proud to be an Equal Opportunity and Affirmative Action employer and consider qualified applicants without regard to race color creed religion ancestry national origin sex sexual orientation gender identity age disability veteran status or any other protected factor under federal state or local law.
This opportunityis available through Sysco Corporation its subsidiaries and affiliates.
Required Experience:
Senior IC
Employment Type
Full-Time
