DC Benefits Administrator
GurugramFull-time1–3 yrsPosted 5 days ago
Junior IT support role at Empower Global Business Services in Gurugram. Needs 1–3 years and a degree.
About the role
We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.
What you'll do
- Process client payroll and participant data files accurately and within established service-level agreements (SLAs)
- Administer defined contribution retirement plan transactions, including distributions, hardship withdrawals, enrollments, and beneficiary updates, using EXP
- Support annual Form 5500 reporting and nondiscrimination testing
- Calculate and process annual profit-sharing allocations and employer matching contribution true-ups
- Maintain accurate participant records and follow applicable plan provisions and established administrative procedures