Full Job Description
RETIREMENT BENEFITS SPECIALIST
POSITION OBJECTIVE
• Coordinate the administration of all company-sponsored retirement plan programs, including pension plans, 401(k) plans, and other retirement savings or deferred compensation programs, as applicable.
• Support accurate and timely plan administration in accordance with plan documents, company policies, and applicable requirements.
• Help employees understand their retirement benefits, eligibility, participation options, and retirement processes through clear communication, education, and responsive service.
• Work with internal departments, plan service providers, and retirement plan committees to support effective program operations and identify opportunities for improvement.
MAJOR AREAS OF ACCOUNTABILITY
• Serve as a primary contact for recordkeepers, third-party administrators, trustees, actuaries, and other service providers supporting company retirement programs. Coordinate data exchanges, administrative services, fees, and issue resolution.
• Coordinate retirement plan administration across participating company locations, including eligibility, enrollment, contributions, vesting, benefit calculations, distributions, and other transactions, as applicable.
• Investigate discrepancies, reconcile records, and resolve routine and non-routine administrative issues in coordination with Human Resources, Payroll, Finance, Legal, and service providers.
• Respond to employee and local Human Resources inquiries regarding retirement plan provisions, company policies, participation requirements, and available benefits.
• Review retirement program operations, service quality, administrative costs, and employee needs; recommend improvements to processes, communications, and program administration.
• Prepare and maintain employee communications, benefit materials, procedures, and educational resources. Coordinate and conduct retirement benefits presentations and financial education programs.
• Maintain accurate and confidential retirement plan records and supporting documentation.
• Coordinate required filings, notices, disclosures, audits, testing, and plan document updates with internal stakeholders and external advisors.
QUALIFICATIONS
• Bachelor's Degree
• Minimum of 5 years of Retirement Plan and Benefit Plan experience preferred.
• Experience administering employer-sponsored retirement programs, including pension and defined contribution plans such as 401(k) plans, in an organization with multiple locations or business units.
• Experience coordinating with retirement plan recordkeepers, third-party administrators, trustees, actuaries, auditors, and other service providers.
• Knowledge of retirement plan administration, including eligibility, enrollment, contributions, vesting, distributions, and applicable reporting and compliance requirements.
• Familiarity with ERISA, applicable Internal Revenue Code provisions, and requirements administered by the Department of Labor, Internal Revenue Service, and Pension Benefit Guaranty Corporation, as relevant to assigned plans.
• Knowledge of Social Security, Medicare, and other employee benefit programs is a plus.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition Reimbursement
Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)
FlexTime Available
Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,
Cash Balance, Pension Plan
