Logo of Huzzle

Home

Matches

Explore

Manage

Director of Retirement Benefits

image

Ben E. Keith Company

3mo ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Fort Worth

AI generated summary

  • You need a Bachelor’s in Finance, HR, or related field, 7+ years in retirement benefits, knowledge of ERISA, strong communication skills, and collaborative style. Advanced certifications are a plus.
  • You will manage retirement plans, ensure regulatory compliance, strategize plan enhancements, oversee vendor relationships, communicate benefits to employees, and manage the budget for programs.

Requirements

  • Bachelor’s degree in Finance, Business Administration, Human Resources, or a related field.
  • Minimum of 7 years of experience in retirement benefits management, with a strong background in 401(k) and pension plan administration.
  • In-depth knowledge of ERISA, IRS regulations, and other relevant compliance requirements.
  • Proven ability to manage complex benefits programs and work with external vendors and consultants.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong interpersonal and communication skills, with the ability to effectively interact with employees, management, and external partners.
  • Experience in a large distribution or manufacturing company is a plus. Must demonstrate a history of working with frontline employees, as well as executive level leadership.
  • Collaborative working style, seeking to be part of a dynamic team.
  • Professional certifications such as Certified Employee Benefit Specialist (CEBS) or Chartered Retirement Planning Counselor (CRPC) are highly desirable.
  • Proficiency in benefits management software and systems.
  • A Bachelor’s degree in Finance, Business Administration, Human Resources, or a related field is required.
  • A Master’s degree or advanced certification in a related field is preferred but not mandatory.

Responsibilities

  • Retirement Plan Management: Oversee the administration and operation of the company's 401(k) plan, pension plan, and executive benefits programs. Ensure that all plans are managed effectively, comply with relevant regulations, and meet the needs of participants.
  • Compliance and Reporting: Ensure compliance with federal and state regulations, including ERISA, IRS, and DOL requirements. Prepare, audit, and review required reports, filings, and documentation to maintain regulatory compliance.
  • Plan Design and Strategy: Collaborate with the Vice President of Benefits to develop and implement strategies for plan design, enhancements, and communication. Conduct periodic reviews and assessments to identify opportunities for improvement and ensure the competitiveness of our benefits offerings.
  • Vendor Management: Liaise with external plan providers, consultants, and auditors to manage plan performance and resolve any issues. Evaluate and select vendors, negotiate contracts, and monitor service levels to ensure alignment with company goals.
  • Participant Communication: Develop and deliver effective communication strategies and materials to educate employees about retirement benefits, plan features, and changes. Address participant inquiries and provide guidance on plan provisions.
  • Budget and Financial Oversight: Manage the budget for retirement benefits programs, including forecasting costs, monitoring expenditures, and ensuring cost-effectiveness. Provide financial analysis and reports related to plan performance and funding.

FAQs

What is the main responsibility of the Director of Retirement Benefits?

The main responsibility of the Director of Retirement Benefits is to oversee and manage the company's 401(k)/Profit Sharing plan, pension plan, and non-qualified plans, ensuring compliance with regulations and effective plan administration.

What qualifications are required for this position?

A Bachelor's degree in Finance, Business Administration, Human Resources, or a related field is required, along with a minimum of 7 years of experience in retirement benefits management. In-depth knowledge of ERISA and IRS regulations is also necessary.

Is experience in the food and beverage distribution industry preferred?

Yes, experience in a large distribution or manufacturing company is a plus, especially if it includes interaction with frontline employees and executive-level leadership.

What certifications are desirable for this role?

Professional certifications such as Certified Employee Benefit Specialist (CEBS) or Chartered Retirement Planning Counselor (CRPC) are highly desirable.

Will the Director of Retirement Benefits work with external vendors?

Yes, the Director will liaise with external plan providers, consultants, and auditors to manage plan performance and resolve any issues.

What kind of communication strategies will the Director need to develop?

The Director will need to develop effective communication strategies and materials to educate employees about retirement benefits, plan features, and changes, as well as address participant inquiries.

Are there benefits offered to employees at Ben E. Keith Company?

Yes, Ben E. Keith Company offers a comprehensive benefits package that includes medical, dental, vision, life insurance, short and long-term disability, a 401(k) plan with matching contributions, a profit-sharing plan, and other employee assistance programs.

What is the company's stance on diversity and inclusion?

Ben E. Keith Company values diversity and believes that the differences among its workforce are strengths that can lead to more creative solutions for business challenges. The company is committed to creating an inclusive environment for all employees.

Who does the Director of Retirement Benefits report to?

The Director of Retirement Benefits reports directly to the Vice President of Benefits.

What kind of financial oversight is required in this role?

The role requires managing the budget for retirement benefits programs, including forecasting costs, monitoring expenditures, and providing financial analysis and reports related to plan performance and funding.

image

Ben E. Keith Company

Delivering quality since 1906

Retail & Consumer Goods
Industry
501-1000
Employees
1906
Founded Year

Mission & Purpose

Ben E. Keith celebrates over 115 years of distribution excellence in the food and beverage distribution business. Ben E. Keith is a privately held company employing over 6,000 associates. Our values stress a commitment to our employees, as they are our strength and the key to the success – past, present and future. At Ben E. Keith we recognize that our workforce reflects the increasingly diverse nature of our society, and we want to do all we can to take advantage of that diversity with both our external and internal customers. We believe our differences are also our strength, and we want to do all we can to use those strengths to find more creative solutions for the business challenges we face.