Senior Benefits Analyst - Retirement Plan

Swire-Coca--cola; Draper (UT); On-site; USD 95,000 - 130,000; Full time

Job summary

Swire Coca-Cola is seeking a Senior Retirement Plan Benefits Analyst to manage day-to-day administration of 401(k), union pension, and non-qualified plans. You will own the Financial Wellbeing program portfolio and partner with stakeholders on policy and process improvements.

The role requires 5+ years in retirement plan administration, ERISA knowledge, and strong governance experience. Collaboration with Payroll, ERISA counsel, and external vendors is essential for success.

Qualifications

• Bachelor's degree required.
• 5+ years of retirement plan administration experience.
• Experience with union pension and non-qualified retirement plans preferred.
• Knowledge of ERISA, DOL, and IRS regulations.
• CEBS, CBP, or RPA designation preferred.

Responsibilities

• Manage day-to-day administration, governance, and vendor coordination for retirement programs.
• Own Swire Coca-Cola's Financial Wellbeing programs, including vendor management and engagement.
• Coordinate annual audits and non-discrimination testing; analyze findings and communicate recommendations.
• Collaborate with Payroll on retirement contributions, processing, and improvements.
• Assist Retirement Committee governance through meetings, agenda prep, and minute-taking.
• Identify recurring issues and drive improvements to programs, processes, and systems.
• Represent retirement operations in cross-functional meetings and vendor governance forums.

Skills

Retirement plan administration

Vendor management

ERISA knowledge

Stakeholder engagement

Audits and testing

Financial Wellbeing programs

Problem solving

Cross-functional collaboration

Education

Bachelor's degree in HR/Business/Finance

ERISA coursework

CEBS/CBP/RPA designation preferred

Tools

Dayforce

HRIS/ERP systems

Job description

What does the Senior Retirement Plan Benefits Analyst do at

The Senior Retirement Plan Benefits Analyst manages the day-to-day administration of Swire Coca-Cola's retirement programs, including 401(k), union pension, and non-qualified plans, while serving as the owner of the Financial Wellbeing program portfolio. Working with limited oversight, this role manages multiple programs simultaneously, resolves complex issues and sensitive escalations, partners with internal and external stakeholders on retirement policies and practices, and identifies opportunities to enhance retirement and financial wellbeing programs through process improvements and emerging industry trends.

Responsibilities:

• Manages day-to-day administration, governance, and vendor coordination for retirement programs, including 401(k), union pension, and non-qualified plans; partners with Labor Relations on union pension provisions and collective bargaining agreement implications.
• Owns Swire Coca-Cola's Financial Wellbeing programs, including vendor management, employee engagement, program administration, and effectiveness measurement.
• Coordinates annual audits and non-discrimination testing, analyzes findings, and communicates results and recommendations to internal stakeholders.
• Partners with external ERISA counsel on plan interpretation, compliance matters, plan document updates, and regulatory requirements affecting retirement programs.
• Collaborates with Payroll on retirement contributions, loan repayments, funding file processing, issue resolution, and process improvements.
• Conducts audits of retirement plan deductions and employer match processing within Dayforce, identifies discrepancies, and recommends corrective actions.
• Resolves complex employee and executive escalations and exceptions; prepares analyses, options, and recommendations for leadership review.
• Supports Retirement Committee governance through meeting participation, scheduling, agenda preparation, minute-taking, and related administrative activities.
• Identifies recurring issues and drives improvements to retirement and financial wellbeing programs, processes, and systems.
• Represents retirement and financial wellbeing operations in cross-functional meetings, vendor governance forums, and other stakeholder engagements

Requirements:

• Bachelor's Degree in Human Resources, Business Administration, Finance, or related field, or equivalent combination of education and experience required.

• 5+ years of experience in retirement plan administration, including 401(k) and qualified plan operations required.
• Coursework in ERISA, retirement plan administration, or ERISA fiduciary responsibility preferred.
• CEBS, CBP, or RPA designation preferred.
• Experience with union pension and non-qualified retirement plans preferred.
• Experience managing external vendors, auditors, consultants, ERISA counsel, and supporting a retirement plan committee preferred.
• Working knowledge of retirement plan administration, including 401(k), union pension, and non-qualified plans; ERISA, DOL, and IRS regulations; retirement plan audits and non-discrimination testing; Financial Wellbeing programs; and collective bargaining agreement implications.
• Experience interpreting complex plan documents, applying plan provisions to individual and systemic issues, preparing analyses and recommendations for leadership review, and driving process, system, and plan improvements.

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