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

Senior Qualified Plans Analyst

The Woodlands, Texas Job ID JR0133016 Category Benefits Post Date Jul. 11, 2025
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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.

Job Summary

We are seeking a knowledgeable and detail-oriented professional to lead the administration of our qualified retirement plans, including 401(k) and profit-sharing programs. This role ensures compliance with ERISA and all applicable federal and state regulations while supporting the design, implementation, and continuous improvement of our benefits offerings. The ideal candidate will serve as a subject matter expert and collaborate cross-functionally to deliver a seamless employee experience.

Key Responsibilities

  • Serve as the primary point of contact and technical expert for the Company’s defined contribution retirement plans, including investment options, participant loans, hardship withdrawals, and required minimum distributions.

  • Ensure compliance with ERISA, IRS, and DOL regulations; maintain accurate and up-to-date plan documentation.

  • Lead or support plan design changes, amendments, and implementation in collaboration with internal stakeholders and external vendors.

  • Monitor industry trends and regulatory changes to recommend enhancements that improve plan competitiveness and employee engagement.

  • Provide guidance to employees and managers on plan eligibility, enrollment, and ongoing participation.

  • Manage and resolve service requests related to retirement and other benefit programs in a timely and professional manner.

  • Prepare and distribute reports, communications, and compliance documentation as needed.

Minimum Job Qualifications

Degree or equivalent and typically requires 4+ years of relevant experience.

Additional Experience and Critical Skills

  • Minimum of 4 years of experience administering qualified retirement plans and employee benefits.

  • In-depth knowledge of ERISA, IRS regulations, and other applicable federal/state laws.

  • Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.

  • Excellent communication and interpersonal skills; ability to explain complex benefit topics clearly.

  • Proficient in Microsoft Office Suite (Excel, Word, Outlook, PowerPoint).

  • Experience with HRIS systems (Workday preferred), payroll processes, and CMS platforms is a plus.

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

$76,400 - $127,400

McKesson is an Equal Opportunity Employer

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

Join us at McKesson!

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