Retirement Benefits Manager

Stifel strives for a culture that puts its clients and associates first; a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careeers, and the firm as a whole. Let's talk about how you can find your place here at Stifel, where success meets success.

The Retirement Benefits Manager manages and administers retirement benefit programs within the organization. They will analyze the 401(k) retirement plan, ensuring compliance with legal regulations and company policies. The Manager will guide and support employees regarding retirement plan options, eligibility, and enrollment and work closely with internal and external committees and third-party vendors.

• Manage the day-to-day operations of the Firm's 401(k) plan and financial benefit programs.
• Ensure timely and accurate processing of retirement plan contributions, enrollments, loans, distributions, and associate inquiries.
• Ensure retirement plans comply with federal, state, and local regulations, including ERISA, IRS guidelines, and DOL requirements.
• Responsible for nondiscrimination testing, external and internal audits, Form 5500's, and updates to plan documents.
• Develop audit protocols for all retirement programs and establish a regular audit schedule.
• Maintain a report of audit findings and corrections, oversee corrections, and recommend changes to established procedures as required.
•  Liaise with third-party administrators, legal counsel, investment providers, and retirement plan service providers.
• Assess vendor performance regularly and collaborate to resolve issues and ensure seamless administration.
• Participate actively in the Administrative and Investment Committees by providing support to monitor and benchmark retirement plan performance, fees, and expenses.

• Proven leadership experience in managing retirement benefit programs with a strong focus on compliance and strategy.
• In-depth knowledge of retirement benefit laws, regulations, and compliance requirements.
• Strong understanding of eligibility, enrollment, contribution, match, forfeitures, testing, correction, and plan documents.
• Outstanding communication and interpersonal skills, with the ability to influence stakeholders.
• High degree of integrity, sensitivity, and professionalism in dealing with confidential information and issues.

• Bachelor's Degree in Human Resources, Business Administration, Finance, or equivalent experience.
• 6+ years of experience with benefits management, focusing on retirement plan administration.
• Experience with M&A experience, including analysis of material liabilities, benefit comparisons, plan terminations, and 401(k) mergers.
• Experience with Investment Committees and Administrative Committees.

• None

• Proficiency with Microsoft 365, especially Microsoft Excel.

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.