Retirement Plan Administration Associate - Hybrid

McGregor & Associates, Inc. has been providing administration and compliance services for employer sponsored benefit plans for 30 years. Our services span a range of benefits from Flexible Spending Accounts, Health Reimbursement Arrangements, Health Savings Accounts, COBRA, Affordable Care Act, ERISA, and Retirement Plan Administration. At McGregor we solve employer challenges through trusted relationships, benefits expertise and quality personalized service. Since benefits is our focus, we're also committed to providing our employees with a highly competitive benefits package.

Job Purpose:
Responsible for the daily administration of retirement plans with a focus on assisting participants with benefit inquiries. This position will work closely with the retirement plan account managers, retirement plan 3(16) Administrator and will report to the Retirement Plans Department Manager.

Responsibilities and duties include:

• Routine correspondence (Customer Service) with retirement plan participants including emails, phone calls, etc.;
• Preparing and sending necessary distribution forms to participants/clients (terminations/hardships/loans) on a timely basis;
• Processing distributions upon receipt of completed forms on a timely basis;
• Maintaining an accurate database to track status of distribution requests;
• Preparing and processing Required Minimum Distributions (RMDs) by the applicable deadline date each year;
• Updating participant records such as vesting at recordkeepers;
• Requesting and collecting census data from clients on the applicable quarterly, semi-annual, annual basis;
• Following up with client on missing census information;
• Entering census data and verifying accuracy;
• Checking and verifying receipt of applicable Trust Statements on a monthly basis;
• Preparing and sending required Notices such as Safe Harbor Notices, QDIA, Auto-Enrollment, Supplemental PPA Statements and others by the applicable deadline date;
• Preparing and sending required 1099-Rs by applicable deadline date;
• Any other assigned tasks given by the appropriate Retirement Plan Account Manager and/or Supervisor.

Qualifications:

• Education – Bachelors Degree or equivalent experience preferred. Experience with Retirement Plan Administration is a plus;
• Customer Service;
• Strong Word, Excel, and Outlook skills;
• Strong mathematical aptitude;
• Attention to detail;
• Strong time management skills;
• Ability to multi-task;
• Excellent problem solving and analytical skills;
• Relationship builder;
• Effective communication skills.

Employee Benefits:

• Employer funded health insurance benefits
• Group sponsored dental insurance
• Employer paid vision insurance for employee, spouse & dependents
• Employer paid life, short-term disability and long term disability insurance
• Employer funded Health Savings Account (HSA)
• Employer funded Health Reimbursement Arrangement (HRA)
• Flexible spending account benefits
• Up to 5 weeks vacation leave
• Paid sick leave
• Holiday pay
• 401(k) retirement plan benefits including matching employer contributions
• Performance bonuses
• Flex schedules
• Office hours are Monday-Thursday 8am-5pm & Friday 8am-3pm.

You can also apply at mcgregoreba.bamboohr.com/careers or by visiting our website at www.mcgregoreba.com/careers.

Job Type: Full-time

Pay: From $20.00 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Work Location: Hybrid remote in Lexington, KY 40513

Salary : $20