John Wood Community College
Location
Quincy, IL | United States
Job description
Job Description
SUMMARY
To be the Company’s expert on associate benefits for the purpose of passing that knowledge along to all of the Company’s associates.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Budgets Health Plan/follows up on inquiries from Store Directors
- Manage current and potential strategies to help keep benefit costs low for Associates and NFI.
- Administer group health insurance with carrier
- Reviews and completes annual contracts with health, dental, FLEX & visions carriers
- Works with carrier to administer COBRA compliance
- Sets Health Benefits guidelines for eligibility in compliance with current laws and works with Health Benefits Coordinator to keep locations in compliance
- Responsible for reports from health carrier
- Reviews and approves for payment monthly health administration billings
- Audits eligibility and payroll deductions and determines eligibility for COBRA
- Maintenance of COBRA accounts receivable
- Responsible for stores set up with PPO networks and related benefits
- Works with auditor to complete & file 5500
- Ensure HIPAA policies are followed properly
ESOP/401(k) Retirement Plans
- Ensures ESOP and 401(k) Profit Sharing Plan Documents in compliance with current laws
- Maintains 401(k) Profit Share / ESOP Beneficiary File
- Communicates with American Funds on Allocation Changes of 401(k) Profit Sharing Members
- Completes bi-weekly deposit to 401(k) elective deferral accounts
- Reconcile 401(k) Profit Sharing and ESOP bank statements
- Prepares form 1099R for retirement plan participants
- Completes all processing for payments of retirement benefits
- Prepares information for IRS form 5500 for the retirement plans
- Works with auditor to evaluate eligibility and compliance for retirement plans
- Plans investment review and Trustee meetings
- Ensure contribution and distribution records are properly maintained
- Reviews Audited Financial Statements and communicates to CFO for approval
- Reviews Summary Annual Reports and communicates to CFO for approval
- Prepares auditor’s Representation letter for CFO
Other
- Confers with consultants concerning various benefit programs to design and implement benefits
- Conduct a self-audit on deductions vs. payments for Voluntary Benefits
- Responsible for new store Benefits set up on all acquired stores
- Completes verifications of benefits for courts and state agencies
- Works with Beneficiaries and completes Claims
- Routinely evaluates programs, cost, claims, problems, and Associate complaints and concerns
- Responsible for training the Office Managers on benefits, and all other compliance procedures
- Design and distribute monthly benefit education pieces to participants and stores
- Assist the Chief Financial Officer in preparing all benefit budgets
- Assist in other areas of Human Resources as required
- Other duties as assigned by supervisor
Job tags
Salary
