Benefits Analyst, Retirement

Sunbelt Rentals, Inc.•Fort Mill, SC

4d•$64,790 - $89,087

About The Position

Sunbelt Rentals is hiring a Benefits Analyst, Retirement, to administer its 401(k) and 409(A) retirement plans. The role processes funding, analyzes and researches retirement file errors, manages contribution adjustments and refunds, and coordinates with payroll, HRIS teams, plan administrators, participants, and beneficiaries. It also supports plan compliance, auditing, reporting, testing, enrollment, and accurate maintenance of participant records in HRIS and recordkeeping systems. The analyst explains plan policies and requirements, handles elevated team member issues, reconciles recordkeeper invoices, and assists with audits and annual enrollment. The role reports improvement opportunities and action plans to the Manager and performs other duties as assigned. Sunbelt Rentals offers a comprehensive benefits package to full-time employees.

Requirements

Bachelor’s degree in human resources or a related field, or equivalent work experience.
At least 3 years of direct benefits administration experience.
Ability to understand Sunbelt Rentals’ culture and leverage it positively to achieve objectives.
Ability to work independently, prioritize work effectively, and manage deadlines.
Ability to multitask successfully.
Strong follow-through and ability to resolve issues in a fast-paced environment.
Excellent verbal and written communication, organizational, planning, and problem-solving skills, including the ability to handle multiple tasks simultaneously.
Ability to maintain highly confidential employee information and files.
Experience with Workday.

Responsibilities

Process, calculate, and submit 401(k) and 409(A) funding to the plan administrator, coordinating with payroll and HRIS teams as needed.
Analyze and research retirement financial and indicative file errors.
Serve as a liaison between participants, beneficiaries, and the plan administrator as needed.
Manage contribution adjustments, refunds, and other administrative changes for retirement plans.
Explain retirement benefit plan policies, procedures, and legal requirements to team members and beneficiaries.
Address elevated team member issues related to 401(k) and 409(A) retirement plans.
Process and reconcile 401(k) recordkeeper invoices accurately and on time.
Perform ongoing and ad hoc reporting and audits using the retirement recordkeeping platform and company HRIS system.
Assist with 401(k) audits, identify improvement opportunities, and present detailed action plans for resolutions to the Manager.
Test plan changes and annual bonus files.
Attend retirement plan meetings, review and enhance standard processes, and ensure accurate setup and maintenance of team member records in HRIS and recordkeeping systems, including records for team members covered by a Collective Bargaining Agreement.
Assist with annual 409(A) Open Enrollment and ensure yearly elections are accurately updated in the HRIS system.
Process permissible withdrawal forms as needed.
Perform additional compliance items provided by the Manager and other duties as assigned.