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Rich Products Corporation · 10 hours ago

Manager, Retirement Plans

Buffalo, NY

Full-time

Hybrid

Mid, Senior Level

$98K/yr - $146K/yr

5+ years exp

Rich Products Corporation is a family-owned food company dedicated to inspiring possibilities. The Manager of Retirement Plans will ensure that the organization's benefit and retirement plan offerings are competitive and compliant, while working collaboratively with internal stakeholders and external vendors to optimize these programs.

BakeryConfectioneryFood and BeverageFood DeliveryFood ProcessingManufacturingOrganic FoodSeafoodSnack FoodWholesale

Responsibilities

Strategy and management of defined contribution and defined benefit retirement plans in the US and Canada for both hourly and salaried associates, union and non-union

Lead projects for retirement plans (cost saving initiatives, benchmarking projects, and RFPs) and act as the subject matter expert for M&A activities (due diligence, integrations, and divestitures)

Oversee plan administration and IRS/DOL compliance activities (audits, legal notices, non-discrimination testing, governance, filings, etc.) and keep up to date with local and regional legislation and regulations related to retirement plan management, ensuring all programs are compliant

Perform payroll reconciliation for accurate and timely processing of contributions, distributions, loans, and other plan-related transactions

Develop/maintain SOPs for extended support team to assist with Plan operations

Maintain detailed and accurate records for all retirement plans

Coordinate and oversee our retirement committee(s) and relevant meetings

Manage relationships with vendors, including actuaries, attorneys, brokers, consultants, and our recordkeeper

Administration of and enrollment for executive retirement benefits

In cooperation with the Procurement team, negotiate contracts, evaluate vendor performance, and ensure that service levels are met

Partner with our recordkeeper, and internal and external experts to develop communication campaigns and retirement readiness programs

Act as an escalation point for our Service Center for associate inquiries

Qualification

Retirement plan managementUSCanada regulationsProject managementVendor managementERISA/IRS knowledgeAnalytical skillsExcel proficiencyPowerPoint proficiencyOutlook proficiencyWord proficiencyADPR experienceSuccessFactors experienceLeadershipCommunication skillsProblem-solvingCreativity