Benefits Associate - Hybrid (One day per week on-site)

at Ideal Industries, Inc. in Sycamore, Illinois, United States

Job Description

IDEAL INDUSTRIES, INC. has built a reputation for over a century by crafting iconic tools and practical technology required in aerospace, data communications, electrical, wire processing and construction. The global family of IDEAL brands includes IDEAL Electrical, Anderson Power, Enatel, and IVRY Technologies.

A vibrant and dynamic company, IDEAL is best known for our wire connectors, the gold standard for making electrical connections around the world. Nearly every commercial jet is assembled using IDEAL wire strippers and, as part of the critical equipment on NASA missions, our tools even help NASA astronauts fly to the moon. Most important, our products benefit skilled tradespeople, who reach for IDEAL tools every day.

IDEAL is propelled by the concept of Building an IDEAL World. Our family-run business is committed to building ideal relationships with customers, employees, and communities by crafting some of our industry’s most innovative and trusted tools.

This position is responsible for administering and managing all aspects of employee benefits programs. This includes conducting open enrollment, collaborating with benefits providers and analyzing workplace trends as it relates to employee benefits and wellness programs. The position is also responsible for all compliance related tasks including completing EEO-1, Form 5500, Medicare notifications etc. This position is also responsible for collaborating with HR partners regarding STD leave administration.

Responsibilities:

• Leads the day to day management and administration of all employee and retiree benefit programs
• Maintains the annual compliance calendar and ensures all regulatory filings are completed in a timely and accurate manner including ACA, EEO-1, 5500’s and benefits related notices.
• Partners with payroll and HRIS to ensure seamless integration of benefits data within HRIS system.
• Processes all benefits related invoices ranging from weekly to monthly invoices
• Collaborates with payroll to fund HSA and 401K accounts and complete quarterly audits
• Collaborate with FSA/DCA vendor to ensure funding is correct by completing quarterly audits
• Creates and distributes benefits-related communications in partnership with the DCOE
• Assists with all open enrollment activities including updating benefits booklet and program set up within HRIS system

Qualifications:

• Bachelor's degree in Human Resources, Business Administration, or related field
• Minimum of 3 years benefits related experience
• Solid understanding of employee benefits programs
• Strong knowledge of relevant regulations and compliance requirements

IDEAL INDUSTRIES, INC. is an Equal Opportu

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