Senior Benefits Specialist; Retirement Human Resources

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.

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)*

• 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

• Provides direction to payroll when retirement plan deduction questions arise
• Coordinates retirement plan participant communications as required to remain in compliance
• Coordinates annual education sessions for 401(k) plan participants
• Reconciles and provides adjustments as required for accurate T4 tax reporting
• Serves as Company liaison as required for QDROs
• Notifies third party administrator if changes to union contract which impact active US & Canadian pension plans
• Special projects as assigned to include M&A due diligence

• Bachelor’s degree in business or related field required.

• 5 years of experience involving retirement benefit administration in US & Canada
• 3 years of experience working with Workday benefit integrations

• 7 years of experience involving retirement benefit administration in US & Canada
• QKA certification
• CPSP certification