Senior Benefits Specialist (Retirement)

Kansas City, MO, United States of America

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 18,000 people globally.

Job Description

This position has day-to-day responsibility for administering multiple retirement plans in the United States and Canada. Serves as a liaison between the plan sponsor and third-party administrators and provides direction to third party administrators. Makes decisions on day-to-day administrative matters as required. Monitors changes in government regulations and takes appropriate action for impacted plans. Responsible for all governmental reporting for US and Canadian plans and for ensuring that proper deductions and contributions are made in compliance with US and Canadian regulations. Works directly with the plan actuary as required for both US and Canadian retirement plans. Actively participates in the annual external audit and serves as Louis Dreyfus retirement plan subject matter expert during audits.

This position is required to be in the office 4 days with 1 remote work day (subject to change). This position can be located in Wilton, CT or Kansas City, MS

• 401(k) & Canadian DC : Responsible to ensure that records at third party administrator and company payroll are correct and in sync and that plan operates in accordance with plan document
• 401(k) : Works with third party administrator on loan administration and is responsible to ensure that loans are appropriately coded during leaves
• 401(k) : Prepares annual true up calculation as required by plan document
• US defined benefit plan : acts as a resource to ensure that third party administrator has accurate participant information; researches as required; prepares more complicated benefit calculations in house
• Canadian plans : review all plan assets, actuarial assumptions and contribution levels for plan; serves as liaison between plan actuary, third party plan administrator, and accounting; makes recommendations and decisions as required
• In consultation with ERISA counsel and plan actuaries, maintain plan document to include amendments. Works with plan advisors to ensure plan is in compliance and reporting requirements are complete.
• In consultation with plan actuary, reviews, recommends, and makes Canadian estimated contributions & trues up at year end
• US & Canadian plans : calculates and applies cost-of-living increase to all eligible participants in pay status; notifies plan administrators of adjustments
• Provides plan information to Company's Risk Management group as required to ensure sufficient fiduciary liability coverage
• Ensures that retirement plan invoices are processed properly and paid in a timely manner; decides whether fees are payable from plan trust or from company assets
• Act as point of contact for employees and plan participants
• Monitors contribution provisions for all Canadian plans to remain in compliance; adjusts as necessary

Additional Responsibilities

Experience

Education / Professional Certifications / Licenses

Experience

The following is the basic qualification :

The following are the preferred qualifications :

Knowledge / Skills / Abilities (including any physical demands)

The following are the basic qualifications :

Extensive knowledge of 401(k) plan and pension plan rules and regulations

Additional Information

Bi-weekly lunch provided

4 days in office / 1 remote

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion. LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal Employment Opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders : our people, our business partners, the communities we touch and the environment around us

J-18808-Ljbffr