At BCInsourcing, we believe our people are our greatest strength. We strive to hire individuals from diverse backgrounds because different perspectives make us stronger, more innovative, and better equipped to serve others. If you are passionate about helping people and enjoy being part of a dynamic, team-oriented environment, you'll feel right at home here.
BCInsourcing, a Lockton Company, is one of the nation's leading benefit communication firms. Headquartered in Kansas City, we deliver customized benefit communication and administrative services to employees across the United States, partnering closely with our clients' HR departments to support both organizations and their employees.
Location: This is a hybrid position, working onsite at Dairy Farmers of America Monday through Wednesday and remotely on Thursdays and Fridays
ESSENTIAL FUNCTIONS
- Serves as a liaison between the client's Human Resources department, employees, and plan carriers.
- Provides support in researching and responding to inquiries from current and former employees regarding retirement benefits.
- Helps monitor and respond to service requests through carrier website; processes retirement mail.
- Coordinates with internal partners and vendors to help resolve retirement data or administration issues.
- Helps maintain the integrity of employee retirement data across internal systems and third-party vendor or administrator platforms.
- Reviews daily demographic files and weekly feedback files to identify and address data issues; supports the research and correction of data-related errors.
- Reviews employee enrollment in retirement plans and escalates discrepancies to support compliance with plan documents, regulations and policies.
- Reconciles retirement plan funding activity, prepares wire transfers and check requests for third-party plan expenses, and funds employee and employer contributions into applicable retirement plans, including 401(k), deferred compensation, and pension plans.
- Reconciles retirement-related deductions in the payroll system to ensure accuracy and enter approved adjustments, as appropriate.
- Provides support in gathering and compiling data for regulatory compliance activities, including annual audits, Form 5500 preparation and filing, and compliance testing.
- Maintains awareness of applicable retirement plan laws, regulations, and compliance updates to support administration activities.
- Supports the annual enrollment process for non-qualified plans.
- Supports the coordination, development, and delivery of employee communications, including meetings, webinars, mailings, and related materials.
- Performs periodic retirement data audits, identify recurring issues, and recommend data-validation and process improvements.
- Helps create and maintain retirement procedure documentation for assigned duties; maintain confidentiality of information.
- Performs other duties as requested.