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  • Sr Benefits Analyst

    BJs Wholesale Club (Marlborough, MA)



    Apply Now

    A World-Class Team

     

    BJ’s Wholesale Club is powered by more than 30,000 team members who make a real impact every day. Whether you're stocking shelves, solving problems or shaping strategy, your work helps families save on what matters most.

     

    We’re a team built on purpose and opportunity. Join us and be part of something meaningful.

     

    Why You’ll Love Working at BJ’s

     

    At BJ’s Wholesale Club, our team members are at the heart of everything we do. That’s why we offer a comprehensive benefits package designed to support your health, well-being and future – both on and off the job. When you grow, we grow.

    Here’s just some of what you can look forward to:

    + Weekly Pay: Get paid every week so that you can manage your money on your terms.

    + Free BJ’s Memberships: Enjoy a complimentary The Club Card Membership, plus a free Supplemental Membership for someone in your household.*

    + Generous Paid Time Off: Take the time you need with vacation, personal, sick days, holidays, bereavement, and jury duty leave.*

    + Flexible and Affordable Health Benefits: Choose from three medical plans, and access optional dental, vision, Health Savings Account (HSA), and flexible spending account options to fit your lifestyle.*

    + 401(k) Retirement Savings Plan: Build your financial future with a company match (available to team members 18 and older).*

    + Employee Stock Purchase Plan: Accumulate funds through after-tax payroll deductions that can be used to purchase shares of BJ’s common stock at a 15% discount.*

    *Eligibility requirements vary by position.

     

    The Sr. Benefits Analyst will assist in the administration of the 401(k), non-qualified deferred compensation, employee stock purchase and executive non-qualified deferred compensation plan in a manner that supports BJ's culture and ensures policy and statutory compliance within the budgetary guidelines.

     

    Responsibilities and Key Accountabilities

     

    + Assist in managing the daily administration of 401(k), employee stock purchase and executive non-qualified deferred compensation plan.

    + Monitor weekly 401(k) plan administrative processes to include resolving plan indicative data errors and providing guidance to contacts to resolve contribution file errors. Monitor weekly contribution file posting and prepare weekly wire.

    + Monitor ESPP administrative processes including refund and purchase processes.

    + Monitor executive non-qualified deferred compensation plan funding files, including in service and termination distribution records.

    + Oversee the flow of data to wealth benefit-related service providers, including but not limited to record-keepers, consultants, actuaries, trustees and investment managers. Oversee the accuracy of reporting.

    + Coordinate the distribution of retirement plan communications, including required annual plan summary, summary annual report, and information regarding enrollment, contribution limits and accrued benefits.

    + Prepare management reports and data summaries prior to Investment Committee, Management and Policy Committee meetings, as appropriate.

    + Research, initiate, and implement updated systems, programs, procedures and internal controls on an on-going basis; recommend improvements, revisions and amendments.

    + Assist in tracking benefit costs, preparing benefit cost analysis, summarizing employee benefits data and trends and provides management with planning and control.

    + Coordinate the monitoring of third-party data feeds for accuracy, conduct audits of third-party data routinely to ensure accuracy of enrollment processing and billing.

    Qualifications

    + 5-7 years of experience in the administration of qualified retirement plans, including but not limited to reporting and notice regulations, non-discrimination testing, tax preparation and filing, audit requirements, and regulatory oversight.

    + 5-7 years of experience in the administration of non-qualified retirement plans, including but not limited to Regulation 409A and related requirements and plan design.

    + Solid understanding of retirement benefit plan principles and landscape, including but not limited to pertinent federal and state regulations, filings and compliance requirements both adopted and pending that affect employee benefit programs.

    + Proficient in Microsoft Office suite of products, specifically Excel.

    + Familiarity with Human Resources Information Systems and ability to conduct reporting and obtain data from such; Workday experience a plus.

    + Willing to work in a collaborate environment and demonstrated ability of being a team player.

    + Ability to maintain confidentiality with client information.

    + Ability to exercise independent judgment and initiative within established guidelines.

     

    This is a hybrid role. Tuesday through Thursday are in-office days at BJ's Club Support Center in Marlborough, MA and Monday and Friday are remote days.

     

    In accordance with the Pay Transparency requirements, the following represents a good faith estimate of the compensation range for this position. At BJ’s Wholesale Club, we carefully consider a wide range of non-discriminatory factors when determining salary. Actual salaries will vary depending on factors including but not limited to location, education, experience, and qualifications. The pay range for this position is $76,000.00 - $98,500.00

     


    Apply Now



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