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Tomorrow's health is... Defining a new possible.

Qualified Plan Analyst

The Woodlands, Texas Job ID JR0145389 Category Benefits Post Date Apr. 08, 2026
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McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

Position Summary
Responsible for the administration and maintenance of qualified retirement plan benefit records and related processes. Providesaccurate,timelysupport to employees by communicating and explaining qualified plan benefits information, and partners with internal and external stakeholders to support the goals andobjectivesof the Benefits/Qualified Plans function while adhering to applicable federal and state requirements.

Key Responsibilities

  • 401(k) file loads and reconciliation (30%)– Review uploads from the plan recordkeeper/administrator to ensure contribution rates, elections, and loan payments load correctly into Workday (or designated HRIS); analyze post-load outputs;identifyand correct discrepancies; and coordinate/process required payroll adjustments.

  • Per-pay-period contribution and loan funding (30%)– Reconcile employee and employer contributions and loan repayments after each payroll; ensuretimelyandaccuratefunding/transmittal to the recordkeeper and proper documentation of corrections.

  • Participant support and issue resolution (15%)– Respond to HR and employee inquiries and escalationsregardingeligibility, enrollments/changes, loans, distributions, and planrules;research root causes and drive resolutionin accordance withplan provisions and qualified plan regulations.

  • Annual compliance cycle and audit support (10%)– Assist with year-end/annual compliance activities (e.g., census validation, testing support, data requests, audit support) andmaintainrequired records and reconciliation documentation.

  • Vendor invoices and payment processing (5%)– Process invoices and coordinate payments for plan-related vendors to support business continuity and prevent service disruptions.

  • Controls, documentation, and continuous improvement (10%)– Maintain process documentation, trackers, and evidence of key controls;identifyopportunities to improve data quality, timeliness, and participant experience; and partner with Payroll/HRIS/Finance/vendors to implement enhancements.

Minimum Qualifications

  • Education/Training:Bachelor’s degree in business or related field, or equivalent combination of education and experience.

  • Experience:2+ years of experience supporting qualified/defined contribution plans (e.g., 401(k)) administration.

  • Knowledge:Working knowledge of federal and state requirements applicable to qualified plans.

  • Skills/Abilities:Advanced Excel skills; strong analytical and reconciliation capabilities; critical attention to detail; strong written and verbal communication skills; ability to manage multiple tasks and deadlines; ability to work independently while escalating issues appropriately; ability to collaborate effectively and build relationships across functions.

Preferred Qualifications

  • Experience with Workday Benefits and/or Payroll (or comparable HRIS/payroll systems) and large-file data loads.

  • Experience working with retirement plan recordkeepers/TPAs and partnering with Payroll and HRIS/IT teams.

  • Experience supporting audits, non-discrimination testing support, year-end census processes, and related compliance deliverables.

Working Conditions

  • Environment:Office or remote office environment.

  • Physical requirements:Ability to sit for extended periods and work at a computer/laptop for prolonged durations.

This job description is general in nature and is not intended to be an exhaustive list of all responsibilities. Other duties may be assigned as needed to meet business needs.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$61,400 - $102,400

McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:

McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.


McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.

McKesson job postings are posted on our career site: careers.mckesson.com.

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) Disability_Accommodation@McKesson.com or (Canada) Accessibility@mckesson.ca. Resumes or CVs submitted to this email box will not be accepted.

Join us at McKesson!

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McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:

  • McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
  • McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
  • McKesson job postings are posted on our career site: careers.mckesson.com.

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