Senior Retirement Analyst
Kforce's publicly traded client in Parsippany is looking to hire a Senior Retirement Analyst to join their growing team. Summary: We are seeking a Senior Analyst, Retirement to join our Total Rewards team. This role is responsible for the day-to-day administration, compliance, and strategic support of the company's retirement programs, including defined contribution and defined benefit plans. You will ensure operational accuracy, partner with vendors to deliver exceptional service, and provide expert guidance to HR partners and employees. This position also plays a key role in plan governance, communications, and continuous process improvement. Key Responsibilities:
- Administer daily operations of retirement programs (401(k), pension, and non-qualified plans), including contribution reconciliations, loan processing, hardship withdrawals, and defined benefit contributions
- Ensure compliance with ERISA, IRS, and DOL regulations; support audits, Form 5500 filings, and nondiscrimination testing
- Maintain plan documentation and participant notices in collaboration with Legal and external counsel
- Partner with internal teams and vendors to implement regulatory and plan design changes
- Prepare monthly reports for Accounting and assist with benefit accruals and true-up payments
- Lead retiree open enrollment communications and elections
- Serve as primary contact for recordkeepers, trustees, actuaries, and consultants
- Review vendor reports, reconciliations, and participant data for accuracy
- Support retirement committee meetings with materials, data summaries, and minutes
- Provide expert guidance on plan provisions, eligibility, and retirement readiness; respond to escalated employee inquiries
- Analyze plan metrics and prepare dashboards for leadership; identify trends and recommend enhancements
- Drive process improvements and participate in special projects such as plan mergers, system upgrades, or vendor transitions
- Bachelor's degree in Human Resources, Finance, Accounting, or related field
- 5+ years of experience in retirement plan administration or benefits analysis within a corporate HR environment
- Experience managing both defined benefit and defined contribution plans strongly preferred
- Deep knowledge of ERISA, IRS, and DOL regulations
- Strong analytical and problem-solving skills; advanced proficiency in Excel
- Ability to interpret plan documents and communicate complex information clearly
- HRIS experience (Workday preferred); database skills a plus
- Excellent organizational and project management skills
- Collaborative mindset with strong customer service orientation
- Willingness to travel up to 10% as needed
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