Sr Retirement Plan Administrator (U.s)

Sr Retirement Plan Administrator (U.S)
Description -
The Sr. Retirement Plan Administrator position is responsible for performing day-to-day and complex administrative duties related to 401(k), Defined benefit pension, and Non-Qualified plans for HP Plans in U.S., Canada. and Puerto Rico.
Please note this position will be hybrid, with 2-3 days onsite for work collaboration.
Specific responsibilities include:

• Support bi-weekly 401(k) plan funding process and accounting reconciliation.
• Assist with research, reporting, and data collection for internal and external audits.
• Process annual/monthly distributions and funding to HP's legacy and frozen Retirement Plans.
• Calculate, process and audit company match contributions.
• Oversee Plan non-discrimination testing process with vendors.
• Resolve participant inquiries through internal HR Ticket system.
• Perform monthly reconciliation of non-qualified plan including eligibility status review, and ensuring contributions are aligned between all systems.
• Review, track and oversee vendor invoice processing.
• Work with the Legal Department on benefit claims and appeals.
• Assist US Retirement Manager in Non-Qualified Plan annual enrolment.
• Update Summary Plan Description (SPD) for all plans annually.
• Draft revisions to plan documents for review by Retirement Plans Manager.
• Partner with Retirement Plans Manager in support of all vendor relationship management activities.
• Counsel executives and staff members approaching retirement about the impact to their Retirement Plans. Create, facilitate, and produce educational modules and presentations.
• Work closely with the Retirement Plans Manager on compliance matters, mandated testing, and audits. Review Form 5500's, Schedules and other IRS forms for submission to Retirement Plans Manager.
• Ensure all plans are administered in accordance with plan documents and in compliance with Federal laws and regulations.
• Assist with resolving plan service requests and file feed errors in a timely manner.

Education and Experience Required:

• Bachelor's Degree in Human Resources or related field or equivalent professional experience.
• 5+ years of experience in administration of defined contribution Retirement Plans, preferably 403(b) and/or money purchase plans.
• Proven experience interpreting plan documents.
• Thorough understanding of applicable pension plan regulations.
• Excellent verbal and written communication and presentation skills.
• Exceptional organizational skills, ability to meet deadlines and attention to detail.
• Superior customer service, teamwork and interpersonal skills.
• Strong problem solving skills with demonstrated proactive initiative in tackling issues.
• Strong vendor relationship management skills

Knowledge and Skills Required:

• Generates and analyzes statistical data reports.
• Reads and comprehends Retirement Plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations.
• Develops, prepares, and manages project plan through completion.
• Communicates activity progress to involved parties.
• Resolves issues that arise involving client, when appropriate.
• Expert level in Word, Excel, Outlook, and PowerPoint.

Job -
Human Resources
Schedule -
Full time
Shift -
No shift premium (United States of America)
Travel -
Relocation -
Equal Opportunity Employer (EEO) -
HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).
Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.
If you'd like more information about HP's EEO Policy or your EEO rights as an applicant under the law, please click here: Equal Employment Opportunity is the Law Equal Employment Opportunity is the Law - Supplement