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401K Distribution Processor Jobs (NOW HIRING)

Responsible for monitoring distribution processes, ensuring that standard work methods are being ... 401K. We also proudly offer a slate of more nontraditional perks - opportunities like online ...

Experience with distribution processes: Inventory, Receiving, Picking, Packing, and/or Shipping ... A 401(k) retirement plan and an employee stock purchase plan - both include a company match.

Experience with distribution processes: Inventory, Receiving, Picking, Packing, and/or Shipping ... A 401(k) retirement plan and an employee stock purchase plan - both include a company match.

Responsible for standardized Distribution processes, Standard Operating Procedures (SOPs) and KPIs ... In addition to an 8% 401(k) match into the ESOP, Schreiber will contribute an extra amount - about ...

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Ensure damaged inventory is processed and repaired in a timely manner * Assist with training ... Paid Time Off (PTO) * Health, dental, and vision insurance * 401(k) plan * Profit sharing ...

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How much do 401k distribution processor jobs pay per hour?

As of May 29, 2026, the average hourly pay for 401k distribution processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a 401K Distribution Processor, and why are they important?

To thrive as a 401K Distribution Processor, you need a solid understanding of retirement plan regulations, financial documentation, and attention to detail, typically supported by a high school diploma or associate degree in finance or a related field. Familiarity with recordkeeping platforms, financial processing systems, and compliance software such as Omni or Relius is commonly required. Excellent organizational, problem-solving, and customer service skills help manage complex transactions and client communications effectively. These skills and qualities are essential for ensuring accurate, compliant processing of distributions and maintaining high client satisfaction.

What are some common challenges faced by 401K Distribution Processors, and how can they be managed effectively?

401K Distribution Processors often face challenges such as managing high volumes of distribution requests, ensuring strict compliance with IRS regulations, and handling sensitive client information accurately. Staying organized and maintaining up-to-date knowledge of changing retirement plan rules are crucial to success. Effective communication with clients, advisors, and internal teams is essential to resolve issues quickly and ensure a smooth distribution process. Many organizations provide ongoing training and support to help processors stay current and manage workflow efficiently.

What does a 401K Distribution Processor do?

A 401K Distribution Processor is responsible for handling the processing of withdrawals, rollovers, and distributions from 401K retirement accounts. Their main duties include reviewing distribution requests, verifying eligibility, ensuring compliance with IRS regulations, and coordinating with plan participants or beneficiaries. They also maintain accurate records, communicate with financial advisors or plan sponsors, and resolve any issues related to 401K distributions. This role is important in helping individuals access their retirement funds efficiently and in accordance with legal requirements.

What is the difference between 401K Distribution Processor vs 401K Plan Administrator?

Aspect401K Distribution Processor401K Plan Administrator
Primary RoleProcesses distribution requests and handles related transactionsManages overall plan administration, compliance, and participant records
Required SkillsData entry, customer service, knowledge of distribution proceduresRegulatory knowledge, plan management, recordkeeping
Work EnvironmentFinancial institutions, retirement plan providersEmployers, third-party administration firms
CertificationsTypically none required, but familiarity with retirement plans helpsOften requires certifications like ERPA or similar

While both roles work within the retirement plan industry, the 401K Distribution Processor focuses on processing participant distribution requests, whereas the 401K Plan Administrator oversees the entire plan management and compliance. Understanding these differences helps clarify career paths and employer expectations in the retirement services sector.

Infographic showing various 401K Distribution Processor job openings in the United States as of May 2026, with employment types broken down into 91% Full Time, 3% Part Time, and 6% Temporary. Highlights an 97% In-person, and 3% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.
Distribution Team Leader-5

Distribution Team Leader-5

New Balance

Salt Lake City, UT • On-site

$25.10 - $32.15/hr

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired today. Applications are no longer accepted.


New Balance rating

6.8

Company rating: 6.8 out of 10

Based on 65 frontline employees who took The Breakroom Quiz

20th of 102 rated fashion retailers


Job description

Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
Full time opportunity - 1st shift - 7:30am to 4:00pm
JOB MISSION:
Responsible to lead and conduct data based, problem solving activities towards making improvements that positively impact safety, quality, productivity, and cost. Responsible for monitoring distribution processes, ensuring that standard work methods are being followed and assisting teams to maintain distribution flow. Work closely with distribution associates and distribution supervisors towards achieving consistent results.
MAJOR ACCOUNTABILITIES:
  • Performs the full complement of duties for their department; work in the function to ensure deadlines are met.
  • Conducts process improvement activities with teams, as necessary, using problem solving tools and methodology. Present results of problem- solving activities to peers, groups, and members of leadership, as necessary.
  • Monitors & performs audits of distribution processes and standard work metrics.
  • Notifies associates of audit results. Observes and works to correct any Ergonomic and/or Safety concerns.
  • Responds to team's barriers and operational bottleneck. Documents the reasons for failures and any corrective actions.
  • Conducts team instructions sessions, discussions, and updates, i.e., production boards, work instructions. Provides specialty job skills training and instruction.
  • Ensures adherence to company's policies and procedures. Notifies the supervisor and the human resources department of any safety, employee relations issues and discipline problems.
  • Perform duties of Distribution Associates, as required:
    • Pick, pack, and ship customer orders, and troubleshoot problems to resolution
    • Receive and process returns and exchanges
    • Organize shipments to 3rd party distributors
    • Sort, count, package, label, unpack and/or log inventory which is shipped or received
    • Inspect shipments for damages or defects; record discrepancies or damages and notify supervisor
    • Reorganize inventory on shelves in warehouse for seasonality
    • Unpack shipment of product and replenish warehouse shelves
    • Identify all returned defective units with proper defective reason code.
  • Other duties as assigned.

REQUIREMENTS FOR SUCCESS
  • Able to operate lift equipment up to a height of 40 feet, as assigned.
  • Strongly demonstrated knowledge of commonly used concepts, practices, and procedures within the distribution process.
  • Demonstrated ability to read, write and speak English fluently; ability to match numbers/letters.
  • Strong verbal and written skills utilizing appropriate demeanor, proper grammar/spelling, and respectful tone to communicate clearly and effectively; professional phone demeanor.
  • Intermediate computer skills in Microsoft Office (Word and Excel), WMS and email.
  • Ability to lead, motivate, problem solve and communicate in a team-oriented environment.
  • Strong organizational, communication and interpersonal skills; detail oriented.
  • Ability to handle multiple priorities is essential.
  • High School Diploma or equivalent and 2 plus years of experience in a warehouse environment or a related area required, preferred.
  • Proven track record of stability and dependability in the workplace.
  • Ability to use RF scanner or WMS workstation.
  • Able to operate lift equipment, as assigned.
  • Able to lift and carry 50 lbs. on a regular basis.
  • Able to push/pull up to 75 lbs.
  • Able to stand/walk on concrete surface for 8+ hours per day, with regular bending, reaching, and crouching.
  • Able to climb ladders up to 12 feet (where applicable).
  • Go up and down stairs and work at a height up to 20 feet on the mezzanine (where applicable).

Salt Lake City, UT Distribution Center Only Pay Range: $25.10 - $32.15 - $39.25 Hourly (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.)
Regular Associate Benefits
Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks - opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs - that encourage our associates to grow personally as they develop professionally. You'll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword - it's part of our culture.
Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.
Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.
Equal Opportunity Employer
New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.

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