AutoNation

Manager, Retirement Benefits

Posted on: 17 Aug 2021

Fort Lauderdale, FL

Job Description

Position Summary

Lead the design, management and communication of AutoNation’s retirement programs including defined contribution 401(k) and non-qualified Deferred Compensation Plans while ensuring regulatory and Plan compliance.  Monitor compliance with regulatory requirements of AutoNation’s Health and Welfare Benefits program. Manage the Company’s Health Savings Account program.

Organizational Relationships

Management of third-party administrators and record keepers; partnership and management of external and internal legal resources, coordination with Company accounting staff and external auditors; interaction with and presentations to Company officers.

Job Responsibilities

Manage retirement plan administration in accordance with Plan documents, prospectuses, and regulatory standards (e.g., DOL, ERISA, and IRS).
Design, implement, and present innovative programs to promote employee financial wellness and awareness of the Plans’ value.
Provide direction to third-party administrators, record keepers, investment advisors and co-fiduciaries, and other service providers to manage cost and adhere to retirement plan service agreements and standards.
Develop and/or review employee and committee communication materials, including legally required notifications and disclosures.
Coordinate the preparation of Form 5000, annual audits, and related filings with corporate accounting personnel.
Create and oversee the analysis of retirement plan budgets, forecasts, and development of long-term retirement benefits strategy.
Remain current on developing trends, strategies, and regulatory considerations to ensure retirement plans remain competitive and compliant.
Act as a subject matter expert on the Company’s retirement plans for participants.
As a member of the Benefits team, monitor compliance with applicable federal and state laws including ERISA, DOL, the Affordable Care Act, and other regulations required for the Company’s Health and Welfare Benefits program.
Manage the Health Savings Account third party administrator vendor relationship and coordinate communication of Plan features with the Benefits Health and Welfare team.
Demonstrate behaviors consistent with the Company’s Vision, Mission, and Values in all interactions with employees, co-workers and vendors and adhere to all Company policies and procedures.

Qualifications

Bachelor’s degree or demonstrated work experience.
Strong critical and analytical thinking skills and interest in detail-oriented work.
Self-motivated, independent, and creative performer.
Project-oriented individual who enjoys managing multiple tasks in a fast-paced environment.
Three to five years progressive experience in the administration of 401(k) and non-qualified deferred compensation retirement plans
Demonstrated success in the management and coordination of third-party administrators, record-keepers, and advisors.
Demonstrated success with RFP and record-keeper selection processes, plan migrations and implementations.
Demonstrated interpersonal written and oral communication skills, including excellent presentation skills.
Intermediate MS Office and advanced MS Excel experience.
Experience with ADP Enterprise, Workday, and top tier 401(k) record-keeping services preferred.

 

AutoNation

Fort Lauderdale, FL

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services.

The company also provides automotive finance and insurance products comprising vehicle services and other protection products, as well as arranges finance for vehicle purchases through third-party finance sources. As of December 31, 2018, it owned and operated 326 new vehicle franchises from 239 stores located primarily in metropolitan markets in the Sunbelt region. The company was founded in 1991 and is headquartered in Fort Lauderdale, Florida.

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