401(k) Administrator An HR Services provider in Middlesex County, NJ is looking for a precise and dedicated 401(k) Administrator. In this role, you will oversee the daily operations and regulatory alignment of diverse retirement programs, including 401(k), Roth 401(k), SIMPLE IRA, and 403(b) plans. Working closely with clients, plan participants, external vendors, and third-party administrators, you will ensure all plans run smoothly, accurately, and in strict compliance with legal standards. This position reports directly to the Benefits Manager and offers the chance to be a vital part of a helpful, team-oriented environment focused on delivering top-tier retirement services.
Core Responsibilities:
Plan Administration: Oversee daily retirement plan activities, including processing contributions, handling distributions and loans, managing enrollments, and updates.
Stakeholder Support: Serve as the main point of contact for plan participants, clients, trustees, vendors, and TPAs.
Problem Resolution: Investigate and resolve complex participant inquiries and plan discrepancies.
Financial Calculations: Execute plan reconciliations and accurately calculate company matching contributions.
Compliance & Reporting: Prepare audits, mandatory notices, compliance reports, Form 5500 filings, and crucial plan documentation.
Data Management: Keep internal plan databases and participant records clean, organized, and up to date.
Education & Outreach: Assist with participant education sessions, enrollment materials, and overall plan communications.
Client Relations: Help manage client relationships, support unique projects, and pitch in on process improvements.
Requirements & Qualifications
Experience:
2+ years of direct experience managing 401(k) or alternative qualified retirement plans. Regulations: Solid understanding of ERISA guidelines and retirement compliance standards.
Skills:
Strong analytical thinking, great organization, and sharp problem-solving abilities.
Communication: Top-notch client service skills and clear professional communication.
Tech Savvy: Intermediate proficiency in Microsoft Excel and the broader Office suite; experience with specialized retirement platforms is a major plus.
Adaptability: Comfort managing shifting priorities within a fast-moving office setting.
Bonus:
Background working with self-directed retirement accounts is highly valued.
Hours & PaySchedule: Monday through Friday, 8:30 a.m. to 5:00 p.m.
Workplace Style: 100% onsite in Middlesex County (No remote or hybrid options available).
Compensation: $30.00 $32.00 per hour.
Perks & Benefits:- Comprehensive Medical InsuranceNJ Sick TimePaid Holidays and Vacation TimeFun company picnics and community events
- Team celebratory lunches for birthdays and milestone anniversaries
- Weekly Bagel Thursdays
