Benefits Specialist, Executive Compensation & 401(k)

Company Description

For nearly 70 years, MasterBrand has been shaping the places where people come together, enriching lives and creating meaningful memories for our customers. That, combined with our stylish products, expansive dealer and retail network, and dedicated associates, has helped make us the number one North American residential cabinet business. Our unique culture of continuous improvement is based on trusting the tools, empowering the team and moving forward, and is kept alive by our more than 14,000 associates across 20 plus manufacturing facility and offices. Visit www.masterbrand.com to learn more and join us in building great experiences together!

Job Description

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.

Qualifications

• Bachelor’s degree in Human Resources, Business, Finance, or related field preferred
• 2+ years of experience in executive compensation, benefits administration, or related areas
• Strong technical skillset with experience in different systems including HR information systems (Workday preferred)
• Strong skills across the Microsoft programs – especially Excel
• Familiarity with equity compensation and deferred compensation regulations is a plus
• Ability to multi-task and prioritize work on various projects simultaneously
• Ability to work independently as well as in a team environment
• Strong analytical, organizational, and project management skills
• Detail oriented with a high level of accuracy and confidentiality
• Excellent communication skills with a focus on detail
• Experience handling routine to complex inquiries

Additional Information

Equal Employment Opportunity

MasterBrand Cabinets LLC is an equal opportunity employer. MasterBrand Cabinets LLC’s policy is not to discriminate against any applicant or employee based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, military status, sexual orientation, genetic history or information, or any other basis protected by federal, state or local laws. MasterBrand Cabinets LLC also prohibits harassment of applicants or employees based on any of these protected categories. It is also MasterBrand Cabinets LLC’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Reasonable Accommodations

MasterBrand Cabinets LLC is committed to working with and providing reasonable accommodations to individuals with disabilities. If you have a disability and wish to discuss potential accommodations related to applying for employment, please contact us at staffing@masterbrand.com.