Senior 401k and Retirement Plans Administrator jobs in United States
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Bristol Myers Squibb · 9 hours ago

Senior 401k and Retirement Plans Administrator

Bristol Myers Squibb is a company dedicated to transforming patients' lives through science. They are seeking a highly skilled Retirement Professional to manage and optimize their 401(k) savings and retirement plans, ensuring compliance and effective administration while contributing to the financial wellbeing of employees.

BiotechnologyHealth CareMedicalPharmaceuticalPrecision Medicine
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H1B Sponsor Likelynote

Responsibilities

Subject matter expert for all US/PR qualified and non-qualified savings and retirement plans - operations and regulatory environment
Accountable for the delivery of excellent customer experience and monitoring trends and issues that may impact the employee experience with the plan. Manages the operations and administration of the BMS US/PR Savings and Retirement Plans, including contributions, distributions, loans, withdrawals, vesting, payroll deductions, statutory and legal filings, coordinating with finance, tax, legal, internal and external auditors, and applicable vendors
Ensures robust controls are embedded in each process and operating as designed; supports the implementation and adherence to SOX controls and compliance, audit activities as needed, ensures compliance for all plan documents and statutory requirements related to benefits, savings and retirement plans and programs operations
Actively participates in the audit process and fulfils regulatory reporting requirements, including the non-discrimination testing, blackout restrictions and relevant financial reporting
Liaises with third party vendor partners, payroll, and other teams, to promptly resolve operational and systems issues
Documents and deploys processes for savings and retirement plan operations and service support, with process improvement and customer experience focus
Participates in the design, development, testing and implementation of websites, enrollment tools, and other content and communication
Responsible for development of functional requirements for savings and retirement plan integrations (files) between HR system, payroll system, benefits systems, ensuring data files are accurate
Operationalizes the annual BEP/savings elections, annual additional savings contributions file, etc
Acts as point of contact for escalation and resolution of Tier 2 queries, plan interpretation and appeals
Responsible for ensuring internal processes are documented and updated versions are maintained
Responsible for ensuring Knowledge Articles are updated and provide recommendations for content articles to resolve common questions
Supports communicating change and develops and delivers ongoing learning/development of functional expertise of the extended People Services teams
Collaborates with Benefit Operations teams in the implementation and standardization of operational changes, reports and interfaces to reduce costs and improve efficiency and client satisfaction

Qualification

ERISA knowledgeIRS regulationsSOX controlsRetirement plan managementVendor managementSystem integrationsAnalytical abilitiesProcess improvementWorkday experienceServiceNow experienceADP experienceCEBS certificationCustomer experience focusProject managementCollaboration skillsCommunication skillsAttention to detailOrganizational skills

Required

5-7+ years' experience in human resources service delivery, within operational/administrative areas in a highly matrixed, shared service environment, strongly preferred
5+ years of experience overseeing retirement plan administration, with a focus on 401(k) savings plans
Strong knowledge of ERISA, IRS regulations, DOL guidelines and other relevant compliance standards
Demonstrated deep functional knowledge of US Savings and Retirement programs, trends, best practices and recent legislative and other changes, required
Strong working knowledge and understanding of SOX controls as they relate to US Savings 401(k) plans operations and administration
Demonstrated analytical abilities, attention to detail and the ability to successfully manage multiple competing tasks and priorities
Experience coordinating large project plans using relevant tools and strong organization skills
Knowledge and understanding of process flows, mapping and relevant tools
Ability to work independently as well as collaboratively within internal and external team environments
Advanced/expert level MS Excel, required
BS, BA or graduate degree in business or equivalent experience

Preferred

Experience working with third-party administrators, recordkeepers and investment managers
Additional experience in PR preferred
Experience with system integrations, reporting requirements and specifications to maximize integration process efficiencies, strongly preferred
Demonstrated ability to influence stakeholders at all levels in the organization, preferably in a highly matrixed organization
Experience working with Workday, ServiceNow, ADP and vendor management
Certified Employee Benefits Specialist (CEBS) or equivalent Industry designation, preferred

Benefits

Health Coverage Medical, pharmacy, dental, and vision care.
Wellbeing Support Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
Financial Well-being and Protection 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
Paid Time Off
US Exempt Employees flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
Additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.

Company

Bristol Myers Squibb

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At Bristol Myers Squibb, we work every day to transform patients’ lives through science.

H1B Sponsorship

Bristol Myers Squibb has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (213)
2024 (278)
2023 (231)
2022 (180)
2021 (181)
2020 (169)

Funding

Current Stage
Public Company
Total Funding
$29.32B
Key Investors
Venrock
2025-11-05Post Ipo Debt· $5.74B
2024-02-14Post Ipo Debt· $13B
2023-10-30Post Ipo Debt· $4.5B

Leadership Team

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Charles Bancroft
CFO
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Cristian Massacesi
Executive Vice President, Chief Medical Officer and Head of Development
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Company data provided by crunchbase