Senior Benefits Analyst - Retirement Plans

Swirecc; Draper, Northern (UT, KY); Hybrid; USD 95,000 - 115,000; Full time

Job summary

Swire Coca-Cola is seeking a Senior Retirement Plan Benefits Analyst to lead the day-to-day administration of its retirement programs, including 401(k), union pension, and non-qualified plans, while owning the Financial Wellbeing portfolio. The role requires managing multiple programs with limited oversight and driving process improvements.

The candidate should have extensive retirement plan experience, ERISA knowledge, and the ability to partner with vendors, HR, payroll, and counsel to ensure

Qualifications

• Bachelor's degree in HR, Business, Finance, or related field required.
• 5+ years of retirement plan administration experience.
• ERISA coursework or fiduciary responsibility preferred.
• CEBS, CBP, or RPA designation preferred.
• Experience with union pension and non-qualified retirement plans preferred.

Responsibilities

• Manages day-to-day administration, governance, and vendor coordination for retirement programs.
• Owns Financial Wellbeing programs, vendor management, engagement, and measurement.
• Coordinates audits and non-discrimination testing, analyzes findings, and communicates results.
• Partners with ERISA counsel on plan interpretation, compliance, and regulatory requirements.
• Collaborates with Payroll on contributions, loan repayments, and processing improvements.
• Conducts audits of plan deductions and employer matching processing, identifies discrepancies.
• Resolves escalations and prepares analyses for leadership review.
• Supports Retirement Committee governance and meeting administration.
• Identifies recurring issues and drives program/process improvements.
• Represents retirement operations in cross-functional meetings and vendor forums.

Skills

Retirement admin

Vendor management

ERISA knowledge

Education

Bachelor's degree

ERISA coursework preferred

CEBS/CBP/RPA preferred

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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