Lead Retirement Specialist

Abt Global; Cambridge (MA); On-site; USD 84,000 - 120,000; Full time

Job summary

Abt Global Inc. is seeking a Lead Retirement Specialist to oversee the administration and governance of retirement programs, including 401(k) and ESOP offerings.

This role ensures regulatory compliance, manages vendor partnerships, and maintains retirement plan documentation with a focus on data integrity and staff education. The position collaborates with payroll, HRIS teams, and leadership committees to prepare reporting and materials for governance.

Qualifications

• Bachelor’s degree in HR, Business, Finance, or equivalent experience.
• 9+ years in ESOP and 401(k) administration and governance.
• Experience distributing qualified retirement program benefits with plan admins.
• Strong knowledge of ERISA, IRS, and DOL regulations.
• Experience with retirement plan audits, compliance testing, governance, and reporting.
• Analytical and problem-solving skills including payroll reconciliation and data audits.
• Ability to communicate retirement plan information to employees and leadership.

Responsibilities

• Administers 401(k) eligibility, enrollment, contributions, and beneficiary elections.
• Oversees ESOP compliance, governance, and risk with senior leaders and counsel.
• Prepares materials for governance committees and board subcommittees.
• Coordinates with recordkeepers and TPAs to resolve employee issues.
• Audits retirement eligibility, enrollment, and contribution data for accuracy.
• Assists payroll with reconciliation and discrepancy research.
• Maintains retirement plan documentation and employee education resources.
• Supports day-to-day benefits programs and HRIS integrations with Oracle HCM.

Skills

ESOP administration

401(k) administration

Regulatory compliance

Data analysis

Payroll reconciliation

Communication

Excel

Education

Bachelor's degree in HR/Business/Finance or equivalent experience

Tools

Oracle HCM

HRIS integrations

Excel/Reporting tools

Job description

Job Description

The Opportunity

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.

Core 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.

What We Value

• 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.

What We Offer

We foster an environment where you can Thrive Your Way. Our innovative total rewards programs are designed to help balance your work and personal life. The approach toward your wellbeing centers around comprehensive benefits, flexible schedules, and professional development.

Abt Global Inc. is an Equal Opportunity employer committed to fostering an inclusive work environment. Abt provides market-competitive salaries and comprehensive employee benefits.

This position offers an anticipated annual base salary range of approximately $84,000 to $120,000 and may vary downwards by ten percent depending on candidate geographic location. Salary offers are made based on internal equity and market analysis.

Disclaimer: Abt will never ask candidates for money in exchange for an offer of employment.