Sr. Retirement Benefits Analyst

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Sunbelt Rentals strives to be the customer's first choice in the equipment rental industry. From pumps to scaffolding to general construction tools, we aim to be the only call needed to outfit a job site with the proper equipment. Not only do we offer a vast fleet that ranks among the best in the industry, we pair it all with a friendly and knowledgeable staff. Our employees are our greatest asset, and although we present a comprehensive equipment offering, our expertise and service are what truly distinguish us from the competition.

We pride ourselves on investing in our workforce and offer competitive benefits, as well as extensive on-the-job training for all eligible employees.

As a highly successful national company, we are constantly looking for talented individuals to support our growth. If you are interested in pursuing a rewarding career, we invite you to review our opportunities!

Job Description Summary

Sr. Retirement Benefits Analyst

The Benefit Analyst (Retirement) provides analytical and strategic support in the delivery and auditing of the company’s 401(k) and 409A retirement plans.  Administration includes processing weekly funding, ongoing audits and reporting, file error corrections, and daily interaction with Plan record-keeper and internal benefits team.  Support also includes data analysis and processing, responding to team member escalations, and working on special projects in support of retirement programs. Serves as subject matter expert for administration and governance of Sunbelt's retirement programs.

Position Responsibilities include, but not limited to:

• Processes, calculates, and submits weekly 401(k) and 409A funding to plan administrator working with record-keeper, payroll, and HRIS teams as needed.
• Analyzes and researches financial and indicative file errors.
• Handles or facilitates requests for contribution adjustments, refunds, and other administrative changes for the retirement plans.
• Explains retirement benefit plan policies, procedures, and legal requirements to employees and beneficiaries, as needed.
• Addresses escalated team member issues related to retirement plans.
• Processes and reconciles 401(k) record-keeper invoices, timely and accurately.
• Performs ad hoc reporting utilizing retirement recordkeeping platform and company HRIS system.
• Leads the 401(k) annual audits, identifies improvement opportunities, and presents detailed action plans for resolutions to HR senior leadership.
• Attends ongoing retirement calls, reviews and improves standard processes, and ensures team members are set-up accurately in the HRIS and record keeping systems.
• Prepares 409A Performance Base Files and tracking of stock deferral elections.
• Manages the annual 409A Open Enrollment and ensures the yearly elections are updated in the HRIS system accurately through annual and quarterly audits.
• Processes address changes, permissible withdrawal forms, as needed.
• Performs additional compliance items.
• Regularly evaluates existing processes to identify areas for improvement and collaborates with the team to make any necessary, approved adjustments.
• Stays updated with retirement industry best practices and integrates them into the workflow.
• Performs other duties as assigned
   

Education & Experience:

• Bachelor’s Degree in Human Resources or a related field or equivalent work experience plus 8+ years of direct retirement benefits administration experience.
• Experience with stock administration and Workday a plus.
• Experience with complex data analyses, benefit programs and business process recommendations is preferred.
• Ability to understand Sunbelt Rentals’ culture and leverage that as a positive means of achieving objectives.
• Ability to work independently and effectively prioritize work and manage deadlines.
• Ability to multitask successfully.
• Strong follow-through skills and ability to resolve issues in a fast-paced environment.
• Excellent verbal and written communication skills, organizational and planning skills, including demonstrated ability to problem solve, communicate effectively, and handle multiple tasks simultaneously.
• Maintain highly confidentia