Arrow Components · 1 day ago
HR Benefit Analyst
Denver Metropolitan Area
Full-time
Hybrid
Mid Level
$67K/yr - $104K/yrArrow Components is looking for a Retirement Benefits Analyst to join their Americas compensation and benefits team in Centennial, CO. The role involves supporting the administration of retirement plans, ensuring compliance with regulatory requirements, and acting as a subject matter expert on retirement programs.
Computer Software
Responsibilities
Research, analyze, evaluate, and administer Arrow’s qualified and non-qualified retirement plans, either internally or through a partnership with outsourced service provider, in accordance with company policies and procedures. Serve as backup for the administration of Arrow’s Supplemental Executive Retirement Plan (SERP)
Review and audit employee and Arrow contributions from Payroll on a weekly basis. Collaborate with the payroll team to reconcile contributions and post funding to the recordkeeper for applicable plans on a scheduled basis. Audit retirement plan eligibility and participant data. Resolve discrepancies as needed
Monitor and audit loan data to ensure adherence to terms and compliance with regulatory requirements
Perform secondary reviews of additional calculations and system entries as needed
Handle escalated retirement benefit inquiries in a timely manner
Serve as a point of contact for plan audits, SOX compliance and SEC reporting; support the completion of IRS Form 5500 and other required notices and filings related to Arrow’s retirement programs
Serve as a liaison with plan recordkeepers, retirement committee, trustees to ensure plans are administered in accordance with plan documents, established procedures and government regulations
Update Summary Plan Descriptions and applicable administrative process documents. Prepare plan participant communications as needed
Interpret, review and update plan policies and procedures to ensure standardization, legal compliance, and improved efficiency. Identify and implement process improvements in partnership with HR Technology, HRIS, Payroll and service providers
Lead special projects as needed (e.g., plan design updates, system conversions, enhancements, acquisitions)
May assist with health & welfare benefits as needed
Qualification
Required
Advanced Microsoft office skills, including Word, Excel, and PowerPoint
Proficient use of HRIS systems (Workday preferred)
Proficient use of benefits related web applications
Proven client relationship skills with internal and external stakeholders
Ability to collaborate well and work effectively as a team member or a project lead
Ability to manage several projects simultaneously with competing deadlines in a fast paced, dynamic environment
Strong organizational skills
Ability to keep highly sensitive human resources and compensation information confidential
Preferred
Bachelor's Degree in HR, Finance, Business Administration/Management
Knowledge of industry and competitive market
US and Canada retirement experience
Benefits
Medical, Dental, Vision Insurance
401k, With Matching Contributions
Short-Term/Long-Term Disability Insurance
Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
Paid Time Off (including sick, holiday, vacation, etc.)
Tuition Reimbursement
Growth Opportunities
Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)
On-site Café with Catering Option for Busy Lifestyles
24/7/365 On-site Gym and Lockers, Free for Use to All Employees!
Bike Racks
And more!
Company
Arrow Components
Arrow Components is the driving force behind arrow.com, the e-commerce portal for Fortune 120 company Arrow Electronics.
10001+ employees
Funding
Current Stage
Late StageCompany data provided by crunchbase