Senior 401(k) Administration & Retirement Planning Specialist

Energy Transfer Family of Partnerships; Houston (TX); On-site; USD 85,000 - 110,000; Full time

Job summary

Energy Transfer is seeking a Senior Analyst in 401(k) Administration and Retirement Planning to lead design, administration and governance of the company’s qualified and non-qualified retirement programs, with primary responsibility for the 401(k) plan and profit-sharing arrangements.

The role requires deep experience with ERISA, the IRC, and plan operations, along with strong analytics, communication, and the ability to translate complex retirement concepts for employees and leadership.

Qualifications

• 5+ years of progressively responsible experience administering large and/or complex 401(k) plans.
• Bachelor’s degree in Human Resources, Finance, Accounting, Business, or a related field.
• Strong working knowledge of ERISA, the Internal Revenue Code, IRS and DOL requirements.
• Demonstrated experience with 401(k) plan operations, compliance testing, payroll and contribution reconciliations.
• Strong analytical and creative problem-solving skills, with the ability to independently investigate complex issues.
• Excellent written and verbal communication skills, including the ability to explain complex retirement plan provisions.
• Advanced proficiency with Microsoft Excel and data analysis.
• Ability to handle sensitive information with discretion.

Responsibilities

• Administer and support defined contribution retirement programs including the 401(k) Plan and profit-sharing plans.
• Ensure retirement plans are administered in compliance with ERISA, the IRC, IRS and DOL requirements.
• Coordinate with Payroll and HRIS to integrate retirement plan data with wages, compensation, eligibility, deductions, and employer contributions.
• Assist with reconciliation of payroll deductions, employer contributions, plan funding requirements, and participation data.
• Review reports to confirm enrollments, deferral elections, eligibility, contributions, and transactions are processed accurately.
• Support Workday implementation and optimization for retirement planning function.
• Monitor participant eligibility and calculate or validate 401(k) and profit-sharing entry dates.
• Support administration of executive non-qualified deferred compensation plan.
• Coordinate and support preparation of the annual Form 5500 filing and related disclosures.
• Analyze plan data and trends and develop recurring and ad hoc reporting for management.
• Identify opportunities to enhance plan administration, controls, and efficiency.
• Assist with employee and retiree retirement plan communications and SPDs.

Skills

Advanced Excel

Data analysis

Communication

Attention to detail

Project management

Education

Bachelor’s degree in related field

Tools

Workday

Job description

Energy Transfer is seeking a Senior Analyst in 401(k) Administration and Retirement Planning to lead design, administration and governance of the company’s qualified and non-qualified retirement programs, with primary responsibility for the 401(k) plan and profit-sharing arrangements.

The role requires deep experience with ERISA, the IRC, and plan operations, along with strong analytics, communication, and the ability to translate complex retirement concepts for employees and leadership.