Description

Basic Function:  

Basic Function: We're looking for a detail-oriented individual who will be responsible for assisting with the day-to-day administration of the THA 50+ Retirement Plans with over $1 billion in assets in 3 trust accounts. This role will be responsible for processing pension payments, managing benefit distributions, reconciling trust accounts, and providing exceptional support to plan participants.

Responsibilities:

Accurately review and complete required retirement plan payment request forms prepared by third-party for all participants terminating employment, retiring, deceased, disabled and in-service withdrawals for the participating hospitals in the THA Retirement Plan system.

Resolve participant inquiries and support pension annuitants.

Collaborate with the Retirement Plan Manager, third-party administrators, and VP to ensure timely and accurate completion of work.

Provide direct support to plan sponsors, including hospital payroll and HR staff by assisting with questions about the plan.

Input and track plan contributions and expenses using QuickBooks.

Reconcile trust account statements monthly.

Attend quarterly board meetings and prepare minutes for approval.

Assist with annual plan audits by preparing and coordinating required information.

Research and recover overpaid funds related to outstanding checks and participant records.

Review and edit plan communication materials.

Prepare and process various plan-related expenses such as legal and consulting .

Requirements

Qualifications:

Bachelor’s degree in business, Accounting, Finance or Human Resources degree preferred or equivalent experience.

Demonstrated knowledge of retirement plan regulations. Including ERISA, IRS and DOL regulations.

Two-five years’ work experience in fast paced office environment. Must be highly organized, resourceful and have a strong attention to detail.

Skills and Abilities:

Strong written and verbal communication and interpersonal skills as well as the ability to exercise discretion and confidentiality. Demonstrate excellent customer service to internal and external stakeholders.

Strong Critical thinking skills

Superior analytical and problem-solving skills.

Ability to take initiative, self-manage, and meet deadlines. Ability to manage multiple assignments.

Ability to identify, troubleshoot, and solve problems.