Distro Retirement Benefit Specialist supports administration of client-sponsored retirement plans and Vensure's 401(k) MEP and PEP plans. The role involves plan compliance, client support, payroll adjustments, and vendor coordination.
Responsibilities
About Us: Vensure Employer Solutions is the largest privately held organization in the HR technology and service sector, providing a comprehensive portfolio of solutions, including HR/HCM technology, managed services, and global business process outsourcing (BPO). The company and its service providers collectively serve over 95,000 businesses and process over $135B in annual payroll. As a “One Employer Solution” headquartered in Chandler, Arizona, Vensure helps thousands of businesses streamline and grow their operations with custom strategies that benefit both employers and employees. Find out more by visiting www.vensure.com.
Position: Retirement Benefits Specialist — responsible for assisting Vensure's Retirement Team by providing administrative support to client-sponsored retirement plans and Vensure's 401(k) Multiple Employer Plans (MEP) and Pooled Employer Plans (PEP). This role supports day-to-day operations including plan compliance, client and participant support, retirement-related payroll adjustments, and setup of new retirement plans. The Retirement Benefits Specialist partners directly with retirement vendors to resolve issues and improve plan processes.
Essential Duties and Responsibilities:
Assist with administration of retirement plans by uploading contribution files, resolving file errors, navigating retirement provider websites, and remitting payments.
Support the Vensure MEPs and PEPs through daily administration including reviewing and approving distributions and participant loans, enrolling new participants, and correcting contribution errors.
Communicate with internal and external customers regarding 401(k) administration, providing subject-matter expertise and support for Vensure products and services.
Follow and create process documents to ensure consistent, accurate procedures.
Partner with Vensure's retirement vendors to perform due diligence on MEP/PEP plans and resolve issues.
Coordinate with multiple departments including Payroll, Client Relations, and Benefits to ensure timely administration of retirement plans.
Coordinate year-end compliance testing and reporting for various 401(k) plans.
Provide annual Form 5500 and audit support.
Maintain accuracy while working with high volumes in a hyper-growth environment.
Qualification
Willingness to learnStrong interpersonal skillsDetail oriented and proactiveTeamwork and collaborationEducation & Experience2+ years of retirement plan experiencePrism HRIS software experience a plusBenefitsRetirement-related credentials (ASPPAPrism HRIS software experience
Required
Strong written and oral communication skills
Willingness to learn
Strong interpersonal skills
Detail oriented and proactive
Teamwork and collaboration
Education & Experience:
Associate's degree or equivalent combination of experience, skills, and education (including relevant non-traditional degree programs, certifications, or job training programs) preferred.
2+ years of retirement plan experience.
Group retirement plan (MEP/PEP) experience a plus.
Retirement-related credentials a plus (ASPPA, CEBS, etc.).
Prism HRIS software experience a plus.
Benefits: This position is eligible for the following benefits:
