Quanta Services Sr. Benefits Analyst – Retirement in Houston, Texas
Responsible for successful support and administration of the company retirement plans: 401(K) and senior management deferred compensation plan (as required). Provides input in the plan design and improvement to ensure compliance and alignment with the overall goal of the Total Rewards Group.
ESSENTIAL/ NON-ESSENTIAL JOB FUNCTIONS:• Researches, analyzes, administers and maintains company 401(K) retirement plan.• Advises employees on eligibility, coverage, and other 401(K) retirement plan matters.• Functions as a liaison between vendors, HR, employees and Operational Units.• Provides support to Operating Units in a variety of 401(K) related functions.• Compiles and maintains 401(K) related records and documents.• Researches and works with record keeper to investigate and correct processing issues in accordance with regulations.• Researches and works with record keeper and participants to resolve participants’ issues.• Researches and resolves non-routine problems.• Supports retirement group regarding work pertaining to plan documents and amendments, quarterly internal audit, annual plan audit, year-end testing and preparation of annual 5500 Form.• Administers participant loans in compliance with Plan requirements.• Assist in developing employee communications for participation solicitation, changes in regulations, processing or other important information• Enforces policies and procedures to ensure accuracy of the gathering, validation and integration of data necessary to support retirement plan.• Produces and maintains a variety of reports and queries utilizing appropriate reporting tools.• Seeks opportunities for process improvement and efficiencies.• Stays abreast of applicable 401(K) legislation.• Adheres to internal standards, policies and procedures.• Assists with special projects and performs other related duties as requested by supervisor.
Required Education and Experience:High school diploma or equivalent and minimum of 3-5 years of experience with 401(k) benefits and administration, or 6+ years of experience in benefits or 401(K) plan administration.Preferred Education and Experience:Bachelor’s degree (4-year college degree) and 1-3 years of experience with 401(k) benefits and administration.
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Requisition ID 2021-2507
of Openings 1
Category Human Resources