Lead Retirement Specialist

Abt Global•Rockville, MD

1d•$84,000 - $120,000•Hybrid

About The Position

The Lead Retirement Specialist serves as the subject matter expert for the administration, compliance, and governance of the organization's retirement programs, including 401(k) and Employee Stock Ownership Plan (ESOP) offerings. This role is responsible for overseeing plan operations, ensuring regulatory compliance, managing vendor partnerships, conducting audits and reconciliations, and resolving complex participant issues. The position also supports broader benefits administration, maintains retirement plan documentation and employee education resources, prepares reporting and materials for leadership and governance committees, and ensures the integrity of retirement and benefits data through collaboration with payroll, vendors, and HRIS teams. As part of the Total Rewards team, the Lead Retirement Specialist plays a critical role in delivering a positive employee experience through the effective management and compliant administration of retirement and benefits programs.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field, or equivalent experience.
9+ years of experience in ESOP and 401K administrations, communications, and facilitating company committee meetings.
Experience in managing distributions of qualified retirement programs in conjunction with plan administrators.
Strong knowledge of ERISA, IRS, and Department of Labor regulations affecting qualified retirement plans.
Experience with retirement plan audits, compliance testing, governance, and regulatory reporting.
Strong analytical and problem-solving skills, including payroll reconciliation, data auditing, and discrepancy resolution.
Ability to effectively communicate retirement plan information to employees, leadership, and governance committees.
Advanced proficiency in Microsoft Excel and retirement-related reporting and analysis.

Responsibilities

Administers 401K retirement eligibility, enrollment, contributions, employer matching, beneficiary elections, distributions, and general plan provisions.
Represent the ESOP function with senior leaders and external counsel, providing strategic oversight of compliance, governance, and risk, as well as advising leadership on emerging issues and potential business impact.
Develops various materials for presenting to subcommittee of the board of directors the status of Abt Global compliance
Coordinate with retirement plan recordkeepers and third-party administrators to research and resolve employee issues.
Audit and review retirement eligibility, enrollment, and contribution data for accuracy.
Assist with payroll and retirement contribution reconciliations and research discrepancies.
Maintain retirement plan documentation, administrative procedures, and employee resources.
Independently support the administration of day-to-day employee benefit programs such as medical, dental, vision, life insurance, disability, flexible spending, health savings.
Supports HRIS integrations for accurate benefits and retirement information within the Oracle HCM and applicable benefit vendor systems.