401(k) Plan Administrator

Are you passionate about helping employees secure their financial future? Do you have a strong understanding of 401(k) plans and a knack for managing complex retirement benefits? Tesla is seeking a skilled and experienced 401(k) Plan Administrator to join our dynamic team. As a global leader in sustainable energy and electric vehicle technology, we are dedicated to providing our employees with top-notch benefits and support. In this role, you will be responsible for the oversight and administration of our 401(k) plan, ensuring compliance with regulatory requirements and providing exceptional service to our employees. If you have a keen eye for detail, exceptional communication skills, and a passion for helping others achieve financial stability, we want to hear from you. Join us at Tesla and be a part of revolutionizing the future of energy.

1. Oversee and manage the administration of Tesla's 401(k) plan, including enrollment, contributions, distributions, and record-keeping.
2. Ensure compliance with all regulatory requirements and monitor changes in laws and regulations related to retirement benefits.
3. Provide exceptional customer service to employees, including responding to inquiries, resolving issues, and educating them on the 401(k) plan.
4. Collaborate with HR and Finance teams to ensure accurate and timely processing of employee contributions and employer match.
5. Review plan documents, contracts, and agreements to ensure accuracy and make recommendations for updates or changes as needed.
6. Develop and maintain strong relationships with plan custodians, record-keepers, and other vendors to ensure smooth operation of the 401(k) plan.
7. Prepare and distribute communications and educational materials to promote employee understanding and participation in the 401(k) plan.
8. Conduct regular audits of the 401(k) plan to ensure data integrity and compliance with policies and procedures.
9. Stay current on industry trends and best practices in retirement benefits, and make recommendations for improvements to the 401(k) plan.
10. Train and mentor other members of the HR team on 401(k) plan administration and related processes.
11. Collaborate with finance and accounting teams to ensure accurate reporting and reconciliation of plan data.
12. Maintain confidentiality of employee information and ensure compliance with privacy laws.
13. Continuously seek ways to improve the efficiency and effectiveness of the 401(k) plan administration process.
14. Represent Tesla in a professional and positive manner, both internally and externally, at all times.
15. Perform other duties and special projects as assigned.

According to JobzMall, the average salary range for a 401(k) Plan Administrator in Fremont, CA, USA is $53,000 - $83,000 per year. However, salaries can vary depending on the specific job requirements, level of experience, and the employer. Some factors that may impact the salary range include the size of the company, the industry, and the location. Additionally, individuals with advanced certifications or specialized skills may earn higher salaries.

Tesla, Inc., is an American electric vehicle and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing.