Published at Sunday, August 11th, 2019 - 00:18:14 AM. Resume. By Denisha Lemaitre.
Responsible for administering a case load of 35 401(k) retirement plans. Developed and maintained an ongoing relationship with clients through strategic client contacts. Ensured record-keeping is completed accurately and timely. Resolved processing issues and keep clients informed of progress towards resolution. Reported to the Director of Daily Valuations. Prepared quarterly/annual valuations, including calculations of annual employer contributions. Performed nondiscriminatory and coverage testing. Prepared IRS 5500 forms, Reconciled assets and Trust Accounting. Processed contributions, loans, distributions, hardships and QRDO. Reviewed census, eligibility and vesting determination. Researched client inquiries.
Benefits Administrators oversee the systems of compensation and benefits for companies. Resumes for this position highlight such responsibilities as reviewing plan information for defined benefit plans and participant data to determine eligibility categories; assisting with special projects to correct and adjust benefit calculations; analyzing reconciliation reports, pension estimates, and automated calculations; and preparing automated benefit calculations. There are no formal education requirements for this position, though undergraduate degrees in human resources management or relevant areas do appear on example resumes in the field.
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