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Retirement Services Manager

Company: J.B. Hunt Transport Services, Inc.
Location: Lowell
Posted on: February 24, 2021

Job Description:

Job Title:Retirement Services ManagerDepartment:Human ResourcesCountry:United States of AmericaState/Province:ArkansasCity:LowellFull/Part Time:Full timeJob Summary:Under general direction, this position is responsible for managing J.B. Hunt retirement plans including internal administration for both 401k and deferred compensation plans. This position also manages and maintains vendor relations. Must actively participate in and lead the Retirement Services Committee including oversight and coordination with investment advisors, record keepers, and other committee members, material and agenda prep, recording minutes, making plan recommendations, and implementing changes.Job Description:Key Responsibilities:

  • Manage and administer company 401K, Roth, and deferred compensation plans
  • Coordinate all compliance related activities for plans including but not limited to 5500s, payroll funding, participant notices, and general communications
  • Loan/Hardship management including authorization review and authority, payoff reporting and reconciliation, amortization reporting, and default reporting and administration
  • Act as primarily liaison and consultant for outside vendors and account teams
  • Participate in weekly and bi-weekly funding processes
  • Ensure that retirement plan administration actions are completed accurately and on time, e.g. claims resolution and invoice for payments
  • Review and reconcile account rollovers, contribution changes,
  • Perform annual plan audits and non-discrimination testing
  • Evaluate and refine benefits processes; participate in the implementation of new or enhanced benefits programs
  • Maintain and audit all administrative items including meeting notes, contracts, agreements, renewals; prepare and oversee communications with enrollees, beneficiaries, and the social security administration
  • Conduct executive holdings reviews and decisions & issues meetings on a monthly and quarterly cadence
  • Other duties as assigned including but not limited to QDRO processing, plan funds expenditures, etc.Qualifications:Minimum Qualifications:
    • Bachelor's Degree in Finance
    • English requiredPreferred Qualifications:
      • Master's Degree in Finance with at least 3 years experience managing a Roth 401k, Flex Spending Account, Health Savings Account, stock administration and/or investments at a large organizationEducation:Bachelors: Accounting (Required)Work Experience:FinanceJob Opening ID:00381988 Retirement Services Manager (Open)"This job description has been designed to indicate the general nature and level of work performed by employees within this classification.-- It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions." Posted 4 Days Ago Full time 00381988 About Us Fortune 500 experience. Career growth opportunities. Nationwide relocation possibilities. These are just a few things you'll find at J.B. Hunt. Whether you have a passion for operations, sales, engineering or information technology, we can help jumpstart your career with challenging opportunities that will help you reach your maximum potential. Why J.B. Hunt?--
        We take our investment in you seriously - our future success depends on you. Be an innovator with a leading transportation company and work alongside some of the brightest minds in the industry. At J.B. Hunt, we strongly believe in promoting from within based on performance and potential, the sky is the limit for your career. What are we looking for?--
        We look for high-energy, forward-thinking individuals who are interested in a career with a leader in the transportation industry. We seek exceptional people of diverse backgrounds who have the vision to carry our business forward. J.B. Hunt offers a variety of opportunities spanning across the nation.

Keywords: J.B. Hunt Transport Services, Inc., Lowell , Retirement Services Manager, Executive , Lowell, Massachusetts

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