Retirement Administrator

Chicago, IL, United States

Job Description




As the Retirement Administrator you will beresponsible for coordinating the day-to-day administration of the Fortune Brands Innovations defined contribution, defined benefit and supplemental retirement programs. The Retirement Administrator works closely with the Retirement Analyst and division personnel coordinating plan administration, weekly 401k funding, data error resolutions, and file reconciliations between payroll and service providers.The Retirement Administrator also supports compliance activities such as distributing participant communications, procuring data for audit requests, and preparing data extracts for plan testing and annual HCE/Top 50 lists. This role will also assist with the processing of vendor invoice payments and other ad hoc projects.

Theideal candidatewill have a Bachelor s Degree or equivalent with 1 to 3 years of experience in retirement, HR or payroll administration.

This position is eligible for a remote US, hybrid work-from-homeor in office schedule. We offer the flexibility for you to choose where you work!

MAIN DUTIES AND RESPONSIBILITIES:

  • Prepare weekly 401k funding packets by gathering payroll documentation from the business units, verifying reconciliation between pay registers and Fidelity, working with business units to resolve data errors, and updating remittance schedules each pay cycle
  • Act as first level contact with the business units for any escalated funding issues caused by data errors
  • Become proficient navigating Workday and UKGPro payroll systems to address and clear indicative file errors for FBIN business units
  • Manage retirement-related inbound calls & emails from the Benefits Center, primarily by redirecting participants to vendor call centers or by coordinating issues with local HR teams
  • Process vendor invoices for review by Retirement Analyst by logging all invoices into the Invoice Tracker and drafting directive letters for payment
  • Coordinate periodic census updates for all pension, supplemental and retiree health & welfare plans
  • Coordinate responses to auditor data requests by gathering required data from the business units
  • Assist HRT with payroll data extractions for plan testing, profit sharing calculations and HCE/Top 50 lists
  • Assist with the processing of employee transfers across plans and business units
Qualifications
  • Bachelor s Degree or equivalent with 1 to 3 years of experience in retirement, HR or payroll administration
  • Exposure to 401k plan administration and/or payroll systems & processes
  • Willingness and desire to pursue a career path in corporate benefits administration
  • Excellent communication and teamwork skills
  • Strong organizational and project management skills
  • Detail-oriented, ability to multi-task and comfort working with large data files
  • Strong skills in MS Word and Excel
Additional Information

Hiring Pay Range: $40,000 - $60,500

Actual pay will vary based on qualifications and other factors

Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: Plumbing, Doors and Security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at to learn more.

Equal Employment Opportunity

FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at and let us know the nature of your request along with your contact information.

Fortune Brands Home & Security

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Job Detail

  • Job Id
    JD4281120
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $40000 - 60500 per year
  • Employment Status
    Permanent
  • Job Location
    Chicago, IL, United States
  • Education
    Not mentioned