Manager-US Benefits

As an S&C Electric team member, you’ll work on projects that have real-world impact. You’ll help transform the grid for resilient and reliable power worldwide. S&C has more than a 100-year history of innovation and has been 100% employee-owned since 2012. We continue this legacy as a trusted, forward-thinking leader in the electrical industry. You will advance a safer, more reliable, and more resilient electrical grid. Our products help the grid adapt to severe weather and transition to clean energy. We’re big enough to be a respected industry leader but small enough for you to impact our company directly. Our commitment gives you opportunities to impact on and off the job positively. 

Join S&C to make an impact on tomorrow’s energy challenges and become an employee-owner!

Hours 

• 8:00 am – 5:00 pm (Mon-Fri) Hybrid

Compensation

At S&C, we are dedicated to providing competitive and equitable compensation for all our team members, and we are committed to transparency in our pay practices. The estimated annual base salary range for this position is $113,740 - $150,647.20. Individual pay within this salary range is determined by several compensable factors, including performance, knowledge, job-related skills and experience, and relevant education or training. This role is also eligible for S&C’s annual incentive plan (AIP), subject to eligibility criteria. 

Join Our Team as a Manager - US Benefits!

The Manager – US Benefits reports directly to the Senior Manager – HR Shared Services and is responsible for overseeing the administration and compliance of all US team member benefit programs, including health and welfare, leaves of absence, and the S&C KSOP retirement plan. This leadership role oversees day-to-day operations, manages vendor relationships, and provides support to team members, while collaborating closely with the Global Benefits Director, who is responsible for global benefits design and strategy. 

Key Responsibilities:

KSOP Plan Administration

• Oversee the administration of the company’s KSOP (combined 401(k) and ESOP) plan.
• Manage plan operations, including eligibility, contributions, distributions, vesting schedules, plan documentation, and compliance testing in partnership with Finance and third-party administrators.
• Oversee the calculation and administration of all forms of employer contributions, including core, transition, and matching contributions. 
• Oversee the diversification and segregation processes and distribution requests, and ensure accurate processing in compliance with plan terms. 
• Oversee the uncashed check process, ensuring timely follow-ups and compliance with escheatment requirements.
• Ensure compliance with ERISA, IRS, DOL, and other applicable regulations by managing and maintaining retirement plan documents, including overseeing updates, amendments, and coordination with legal counsel and third-party administrators.
• Support annual audits, government filings (e.g., Form 5500), and participant communications related to KSOP benefits, ensuring timely and accurate reporting and disclosure.
• Perform detailed financial modeling and forecasting to support the budget development for the company’s KSOP plan, specifically to evaluate the company’s repurchase obligations, contribution scenarios, cash flow projections, and ESOP repurchase liabilities. 
• Conduct thorough reconciliations of plan contributions and distributions, ensuring accurate reflection of plan balances, and work with the Finance team to support financial audits.
• Assist with any ad-hoc strategic initiatives related to the KSOP plan, including the annual “KSOP Days” events.
• Act as a liaison to the plan’s Trustee Committee, lead the plan’s Administrative Committee, and support governance efforts.

US Benefits Plan Administration

• Oversee the administration of all U.S. benefit plans, including medical, dental, vision, life, disability, leave of absence, and COBRA.
• Manage vendor relationships and ensure performance through regular reviews, reporting, and escalations.
• Lead the annual/open enrollment processes, including system readiness, communication campaigns, and team member support.
• Monitor and maintain compliance with ACA, HIPAA, FMLA, and other federal/state regulations.
• Support the budget development for the company’s benefit plans, using insights and data analysis to forecast future plan costs. 
• Assist with any ad-hoc strategic initiatives related to US benefits.
• Act as a liaison to the Benefits Committee.

Team Member Support & Communications

• Support the development of HR Shared Service