Senior Financial Wellness Benefits Manager

Shaw Industries Group, Inc.; Shaw (MS); On-site; USD 120,000 - 180,000; Full time

Job summary

Shaw Industries Group, Inc. is seeking a Senior Financial Wellness Benefits Manager to lead 401(k) funding, compliance, and education for U.S. and international retirement plans.

You will oversee Highly Compensated Employee determinations, testing, and annual match true-ups, ensuring accuracy and vendor coordination under ERISA and 409A regulations. The role partners with the Financial Wellness Director to advance Total Rewards initiatives and educate associates on financial wellness within a

Qualifications

• 10+ years of progressive retirement benefits experience.
• Knowledge of ERISA and other federal regulations governing qualified retirement plans, incl. 409A.
• Experience with 401(k) plan administration and retirement plan operations.
• Advanced proficiency in Microsoft Excel, with data analysis and reconciliation experience.

Responsibilities

• Manage 401(k) Plan funding & critical processes for U.S. & International retirement plans.
• Oversee Highly Compensated Employee determinations, discrimination testing, and annual match true-ups.
• Manage Nonqualified Plans administration, enrollments, distributions and related initiatives.
• Coordinate with vendors and HR technology for changes and enhancements.
• Lead 401(k) participant education initiatives and retirement vendor programs.
• Oversee international retirement plans with Payroll alignment.
• Support WorkDay initiatives and admin related to Financial Wellness.

Skills

Excel

Leadership

Analytical

Communication

Education

Bachelor's degree in HR/Business/Finance/Accounting

Tools

WorkDay

Job description

Job Title
Senior Financial Wellness Benefits Manager

Position Overview

Shaw Industries Group, Inc. is a leader in flooring and other surface solutions designed for residential housing, commercial spaces and outdoor environments. Leveraging strengths in design, innovation and operational excellence, the company takes a people-centered, customer-focused, and growth-minded approach to meet diverse market needs. It creates differentiated customer experiences through its expansive portfolio of brands: Anderson Tuftex, COREtec, Shaw Floors, Patcraft, Philadelphia Commercial, Shaw Contract, Shaw Sports Turf, Shawgrass, Southwest Greens, Watershed Geo and more. Headquartered in Dalton, Georgia, Shaw is a wholly owned subsidiary of Berkshire Hathaway, Inc. with more than $6 billion in annual sales and 18,000 associates worldwide.

Senior Financial Wellness Benefits Manager

TheSenior Financial Wellness Benefits Manager role manages 401(k) funding and critical processes for U.S. and international retirement plans, including Highly Compensated Employee determinations, discrimination testing, match true-ups, nonqualified plan administration, participant education, and financial wellness initiatives in a fast paced, highly analytical, and dynamic environment. They provide oversight of plans with our vendors to ensure accuracy and compliance with ERISA laws and the Internal Revenue Code 409A regulations. They help to create and deliver educational resources and tools that empower associates to make informed financial decisions. This role supports the Financial Wellness Director as needed related to strategic focus for Total Rewards.

Responsibilities:

• - Manage 401(k) Plan funding & critical processes for all retirement plans (U.S. & International)
• - Oversee and facilitate determination for annual Highly Compensated Employee list, Discrimination Testing, and annual Match True-Up for the 401(k) Plan
• - Manage Nonqualified Plans administration, enrollments, distributions, newly eligible initiatives, and annual processes
• - Manage all vendor files (incoming and outgoing); work with HR technology regarding any changes and/or enhancements
• - Manage 401(k) participant education initiatives throughout the year to enhance the offerings in the 401(k) Plan
• - Take proactive role in the management of the retirement vendor’s Financial Wellness program
• - Manage relocation benefits and tuition assistance benefits
• - Manage vendor relationships as assigned
• - Manage international financial wellness benefit plans; work with Payroll Department on international country specific retirement plans
• - Manage Financial Wellness communications throughout the year
• - Manage WorkDay initiatives and administration related to Financial Wellness plans during the year and for annual open enrollment
• - Supervise Benefits Analyst(s)
• - Assist with acquisition implementation as needed and project work as assigned- Assist with reporting and/or analytics

Competencies:

• - Make effective decisions by identifying problems and opportunities along with a timely course of action based on available facts
• - Drive results by setting high goals and working to meet or exceed them
• - Lead change needed in organizational culture, systems, or services to achieve strategic objectives
• - Build trusting relationships by establishing effective relationships with key stakeholders, customers and partners in a way that promotes openness and trust

Requirements:

• - Bachelor’s degree in Human Resources, Business, Finance, Accounting, or a related field.
• - Minimum of 10 years of progressive retirement benefits experience, including hands-on experience with 401(k) plan administration and retirement plan operations.
• - Knowledge of ERISA and other federal regulations governing qualified retirement plans, with the ability to support compliant plan administration and processes.
• - Working knowledge of Internal Revenue Code Section 409A
• - Demonstrated experience with nonqualified retirement plan administration
• - Experience managing complex retirement plan activities such as Highly Compensated Employee (HCE) determinations, nondiscrimination testing, plan funding, and employer match true-ups.
• - Advanced proficiency in Microsoft Excel, with experience analyzing, reconciling, and validating benefits and retirement plan data.
• - Ability to maintain a high level of accuracy, confidentiality, and accountability.
• - Excellent written and verbal communication skills, with the ability to communicate complex retirement and financial wellness concepts effectively.

Preferred Skills:

• - Certified Employee Benefits Specialist (CEBS), Certificate in Retirement Plans, or Retirement Plans Associate
• - WorkDay experience

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Work Shift
8 Hr non-rotating shift, Hrs fall to in punch day, Observed Calendar, shift starts AM
Shaw Industries is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.