What are the responsibilities and job description for the Retirement Specialist position at Current Lighting?
Key Responsibilities Location: Mayfield Heights, OH
Department: Human Resources
Job Type: Full-Time; Flexible 4 days in office
About the Role
Current Lighting is seeking an experienced and detail-oriented 401(k) and Benefits Specialist to join our Human Resources team. This role is responsible for overseeing the administration, compliance, and communication of our company’s 401(k) retirement plan, as well as supporting and managing our comprehensive employee benefits programs. The specialist ensures employees receive accurate, timely, and valuable support in all aspects of their benefits and retirement planning, while maintaining compliance with all regulatory requirements.
Key Responsibilities
- Administer the 401(k) plan, including enrollments, contributions, distributions, loans, compliance testing, and annual reporting.
- Serve as the main contact for the company’s benefits and retirement plan providers, ensuring smooth coordination and issue resolution.
- Administer and support all employee benefit programs, including health insurance, wellness initiatives, and other perks.
- Conduct internal audits and maintain robust records to ensure compliance with ERISA, DOL, IRS, and other applicable regulations.
- Respond to employee inquiries regarding eligibility, enrollment, claims, plan features, and overall benefits coverage.
- Support new employee benefits orientations and lead educational sessions about all available benefit and retirement plan features.
- Collaborate with HR and payroll to ensure accurate processing and reporting for all benefits programs.
- Stay updated on benefit and retirement plan legislative/regulatory changes and participate in ongoing benefits-related projects and vendor evaluations.
Qualifications
- Bachelor’s degree in Human Resources, Finance, Business Administration, or related field.
- 3–5 years of experience administering a 401(k) or similar retirement plan, and supporting employee benefits programs.
- In-depth knowledge of ERISA, DOL, IRS, and other benefits compliance requirements.
- Strong analytical, organizational, and communication skills.
- Proficiency with HRIS systems and Microsoft Office Suite.
Preferred Qualifications
- CEBS, CRSP, or similar benefits or retirement plan certification.
- Experience with ADP, Fidelity, or similar benefits and retirement plan systems.
Why Join Current Lighting?
At Current Lighting, innovation and people shine brightest together. Join a collaborative team that values professional growth, integrity, and delivering meaningful benefits to support long-term employee well-being.