Specialist, Executive Compensation & 401(k)

The HR Benefits Specialist plays a key role in administering MasterBrand’s retirement, equity, deferred compensation, and executive benefit programs with a strong focus on operational excellence. While ensuring accurate processing and regulatory compliance, this role focuses on delivering a positive experience for associates and executives at each phase of the associate life cycle.

Responsibilities:

• Administer the company's 401(k) plan and retirement programs, including funding, audits, annual testing, regulatory filings, and process improvements.
• Continuously identify and implement improvement opportunities by using the lean tools, technology, and workflow optimization to drive operational excellence across all programs to deliver a positive, cohesive associate experience.
• Partner with external administrators to ensure timely and accurate benefit transactions, root cause and resolve data transmission issues, and review compliance and accuracy of all data and transactions.
• Collaborate with Payroll, HR Technology, Legal, Finance, and HR leaders to support deferral, loan, equity processing, grant and vesting execution, regulatory filings, and executive perquisites.
• Administer long-term incentives for executives, employees, and board members.
• Support equity pool management, tax reporting, and stock ownership processes.
• Manage nonqualified deferred compensation funding, distribution, wire requests, and payroll coordination, ensuring compliance with 409(a), SEC requirements, and internal controls.
• Support and streamline data requests for proxy filings, audits, compliance requirements, and ad hoc requests.
• Educate HR and associates regarding programs and procedures.