Assistant Pension Administrator

As the first company to introduce linen and uniform rental services to the world in 1889, Alsco not only pioneered an industry, we created industry standards. Alsco also invented the continuous towel dispenser, pioneered the use of garment lockers, and continues to lead in the laundering and delivery of ready-to-wear uniforms for virtually every type of application imaginable.

This position is responsible for day-to-day processing of participant and company payroll transactions for the Alsco 401(k) Savings Plan and various union pension plans. The position analyzes activity in the plan, and prepares reports to management, outside auditors, and to the record keeper / trustee.

This position is based in Salt Lake City, UT.

Essential Functions:

• Updating, auditing, and tracking records for 401(k) participants.
• Managing union pension records within HRIS system.
• Preparing and reconciling company and participant contributions to be transmitted to the record keeper.
• Processing withdrawal requests for 401(k) participants.
• Problem solving by means of direct communication with 401(k) participants.
• Reporting and analysis as required by the company’s outside auditors.
• Interpreting plan provisions for participants and branch HR personnel.

Additional Functions:

• Other retirement plan-related projects as assigned.
• Participating in department discussions and contributing to efforts to improve the administration of the 401(k) Plan.

Requirements

• Knowledge of basic accounting principles, including the ability to reconcile accounts.
• Proficient computer skills in Microsoft Office.
• Good organizational administrative, and communication skills.
• Excellent interpersonal and problem solving skills.
• Some working knowledge of ERISA-qualified retirement plans.
• Ability to work independently and to meet deadlines.

Education:

• College degree in business/accounting or equivalent related work experience preferred.
• 1 – 2 years direct experience in the administration of a 401(k) Plan.

Typical Environmental Conditions:

• Working in an office environment.

Travel Requirements:

• None.