Benefits Compliance Manager
Voyig LLC
Welcome page Returning Candidate? Log back in! Benefits Compliance Manager Job Locations US-Remote Posted Date 7 hours ago(7/23/2024 1:16 AM) Job ID 2024-5392 # of Openings 1 Category Human Resources Overview
requiring compliance with the rules and regulations set forth under the Employee Retirement Income Security Act (“ERISA”) to include but not be limited to form 5500 and M-1 filings.Act as back-up for the (Ally’s position) Benefits Coordinator to ensure eligibility (newly hired and/or terminated employees) is being communicated to our 401(k) vendor timely and accuratelyAct as back-up for the (Ally’s position) Benefits Coordinator to ensure PrismHR is utilized as intended by building eligibility and triggering the auto-enrollment functionality setup when necessaryActs as back-up for the (Ally’s position) Benefits Coordinator to ensure weekly funding is completed timely and accuratelyAct as back-up for the (Ally’s position) Benefits Coordinator to ensure enrollments/contribution changes are processed timely in PrismHRAct as back-up for the (Ally’s position) Benefits Coordinator to ensure retirement loans are processed timely in PrismHR and review of the Loan Monitoring reportResponsible for creating and maintaining Wrap SPDs, partnering with the Benefits Administration Team to distribute according to the guidelines set under ERISA.Responsible for monitoring Questco’s COBRA/State Continuation processes to ensure compliance.Responsible for creating and maintaining annual compliance notices (i.e. Medicare Part D, etc.) and partnering with the Benefits Administration Team to distribute according to the guidelines set under ERISA.Responsible for the creation and distribution of the ACA Forms 1095C and 1094C by partnering with the Benefits Administration Team to ensure timely delivery.Complete with excellence all other duties as assigned
The Benefits Compliance Manager is a highly responsible, detail-oriented individual who is accountable
for the administration of 401(k) plans for Questco client companies and ensures compliance for Questco
client companies’ Health and Welfare plans. This position requires an individual who can successfully
partner with Clients, Plan Sponsors, and our Investment Advisory Board to ensure compliance and timely
updates for 401(k) plan administration; and partner with the Benefits Department to achieve an overall
goal of data accuracy, minimal premium loss and timely delivery of compliance notices.
requiring compliance with the rules and regulations set forth under the Employee Retirement Income Security Act (“ERISA”) to include but not be limited to form 5500 and M-1 filings.Act as back-up for the (Ally’s position) Benefits Coordinator to ensure eligibility (newly hired and/or terminated employees) is being communicated to our 401(k) vendor timely and accuratelyAct as back-up for the (Ally’s position) Benefits Coordinator to ensure PrismHR is utilized as intended by building eligibility and triggering the auto-enrollment functionality setup when necessaryActs as back-up for the (Ally’s position) Benefits Coordinator to ensure weekly funding is completed timely and accuratelyAct as back-up for the (Ally’s position) Benefits Coordinator to ensure enrollments/contribution changes are processed timely in PrismHRAct as back-up for the (Ally’s position) Benefits Coordinator to ensure retirement loans are processed timely in PrismHR and review of the Loan Monitoring reportResponsible for creating and maintaining Wrap SPDs, partnering with the Benefits Administration Team to distribute according to the guidelines set under ERISA.Responsible for monitoring Questco’s COBRA/State Continuation processes to ensure compliance.Responsible for creating and maintaining annual compliance notices (i.e. Medicare Part D, etc.) and partnering with the Benefits Administration Team to distribute according to the guidelines set under ERISA.Responsible for the creation and distribution of the ACA Forms 1095C and 1094C by partnering with the Benefits Administration Team to ensure timely delivery.Complete with excellence all other duties as assigned
Questco Expectations
Maintain a professional and respectful approach with clients and teammatesAccuracy of work and punctual per any assigned scheduleTimely completion of all administrative duties for timesheets and expense reports, as applicablePartners with all internal departments to help improve client retentionFosters an inclusive environment and collaborative approach with teammatesAlways act with integrity, abide by our Code of Ethics, Core Values and employee handbook
Required Qualifications
A minimum Bachelor’s degree or equivalent experience Benefits Compliance Manager 7/20244+ years of experience in Health and Welfare administration and related products is preferred2+ years of experience in defined contribution plans and related products is preferred.Minimum 2 years retirement plan administration experience with emphasis in 401k to include identifying contribution and match discrepancies.Prior PEO experience preferred, preferably in 401k/BenefitsKnowledge of ERISA, DOL and IRS regulations for retirement plan compliance, Form 5500 filings, overall management of retirement services
Required Skills
Experience with Adobe and intermediate to advanced Excel skills to include v-lookups, macros and pivot tableDetailed oriented and ability to handle multiple projects and deadlinesStrong interpersonal communication skills, ability to handle sensitive client situations gracefullyProfessional verbal and written communication skillsMust be able to maintain the highest level of confidentiality with the ability to handle sensitive material concerning the organization and its clients
Physical Requirements, Language Skills:
Must be able to work flexible schedules when needed to support business needsFrequent viewing of computer terminal with wrist/finger movement to operate a computer keyboard and mouseRequires sitting or standing for long periods of timeMust be able to lift and carry up to 25lbs. periodicallyBend, reach, pull, stoop, and push are all elements of physical activity for this positionFluency in English – speak, read and write
Travel:
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