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PACS · 1 day ago

Benefits Analyst

Salt Lake City, UT

Full-time

Onsite

Mid Level

$65K/yr - $85K/yr

3+ years exp

PACS is elevating healthcare by revolutionizing their approach to leadership and quality care. The Benefits Analyst will administer and analyze the 401(k) Retirement Plan and Employee Stock Purchase Plan (ESPP), ensuring compliance and providing exceptional support to employees.

ConsultingHealth CareStaffing Agency

Responsibilities

Oversee day-to-day operations of the 401(k) plan, including enrollments, contribution processing, loans, distributions, and compliance testing

Partner with recordkeepers and fiduciary advisors to ensure accurate plan management and adherence to ERISA and IRS regulations

Coordinate annual nondiscrimination testing, Form 5500 filings, and audits

Monitor plan performance, fees, and investment options; provide recommendations for improvements

Manage ESPP enrollments, contributions, and purchase cycles in partnership with equity administration teams

Ensure compliance with SEC and tax regulations related to ESPP

Serve as a subject matter expert for retirement and ESPP programs, answering employee inquiries and providing guidance

Develop educational materials and host informational sessions to promote participation and understanding

Prepare reports on participation, contributions, and plan performance for leadership

Assist in budgeting and forecasting for retirement and ESPP programs

Stay current on regulatory changes affecting retirement and equity plans

Identify opportunities to streamline processes and enhance employee experience

Qualification

ERISA complianceIRS regulationsExcel proficiencyHRIS systemsAnalytical skillsVendor managementEquity programsOrganizational skillsCommunication skills

Required

Bachelor's degree in Human Resources, Finance, Business Administration, or related field

3+ years of experience in benefits administration with a strong focus on 401(k) plans

Knowledge of ERISA, IRS regulations, and SEC compliance for ESPP

Proficiency in Excel and HRIS systems; experience with retirement plan platforms preferred

Strong analytical, organizational, and communication skills

Preferred

Experience with annual compliance testing and audits for retirement plans

Familiarity with equity programs and vendor management

Ability to manage multiple priorities in a fast-paced environment

Benefits

Health Coverage: Enjoy medical, dental, and vision plans to keep you and your family healthy.

PTO and Vacation: Benefit from generous paid time off and holidays to relax and recharge.

Financial Wellness: Take advantage of Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) to manage your healthcare expenses effectively.

Retirement Planning: Secure your future with our 401(k) plan, complete with company contributions to help you build your retirement savings.

Support When You Need It: Our Employee Assistance Plan (EAP) provides confidential support for personal and professional challenges.