Job Description
This position will focus on the “Money In” portion of the 401(k) process. The incumbent’s primary role will be to process, reconcile, and trade all payroll files received. This includes reviewing related suspense accounts and reporting on outstanding participant account balances regularly. Additionally, the incumbent’s duties will involve extensive troubleshooting of payroll related issues, initiating funding for payroll files and addressing the integrity of participant data. The incumbent will also have regular communication with internal Account Managers/Client Service Consultants as well as occasional client communication.
- This position is remote (within the U.S.A.) and does not require regular in-office presence.
What you do:
- Develop new technical skills and expand knowledge of our systems and recordkeeping software to find better ways to service our clients and adapt to system changes and upgrades.
- Download payroll files uploaded by sponsor-to-sponsor web.
- Track receipt of deposits.
- Reconcile trust deposits with payroll files.
- Process payrolls for plans through Relius recordkeeping system.
- Execute trades immediately upon receipt of file and matching deposit.
- Record all trading activity and reconciliation in PlanConnect.
- Resolve any issues related to payroll processing, including under or over funding, eligibility, statutory limits, employer contributions, and loan payments.
- Manage forfeitures on a per payroll basis as required by plan.
- Complete all year end processing requirements to complete plan year including final reports, transactions, and census updates.
- Ensure system and STATA files remain in synch with sponsor files and company needs.
- Strive to improve payroll processing efficiency and reduce sponsor's administrative burden by updating processing practices.
- Maintain excellent relationship with plan sponsor, following up as needed on any outstanding payroll items.
- Work with plan administrator and plan sponsor regarding contribution verification reports.
- Work with SAS team on monitoring and execution of BluePrism payroll processing.
What you bring:
- Associate degree or equivalent combination of education and experience required.
- 0-2 years’ of relevant experience required. Relevant experience could include 401k payroll or retirement plans.
- Retirement Plans experience strongly preferred.
What we offer:
A meaningful mission. Great benefits. A vibrant culture
Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.
At Ameritas, you’ll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you don’t:
Ameritas Benefits
For your money:
- 401(k) Retirement Plan with company match and quarterly contribution
- Tuition Reimbursement and Assistance
- Incentive Program Bonuses
- Competitive Pay
For your time:
- Flexible Hybrid work
- Thrive Days - Personal time off
- Paid time off (PTO)
For your health and well-being:
- Health Benefits: Medical, Dental, Vision
- Health Savings Account (HSA) with employer contribution
- Well-being programs with financial rewards
- Employee assistance program (EAP)
For your professional growth:
- Professional development programs
- Leadership development programs
- Employee resource groups
- StrengthsFinder Program
For your community:
- Matching donations program
- Paid volunteer time– 8 hours per month
For your family:
- Generous paid maternity leave and paternity leave
- Fertility, surrogacy and adoption assistance
- Backup child, elder and pet care support
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we’re committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.
Application Deadline
This position will be open for a minimum of 3 business days or until filled.
