BENEFITS RETIREMENT SPECIALIST

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.