BD · 2 months ago
Manager, Retirement Plans and Benefits
Franklin Lakes, NJ
Full-time
Onsite
Senior Level
$115K/yr - $189K/yr
6+ years expBD is one of the largest global medical technology companies in the world. As the Manager of Retirement Administration Plans, you will lead the strategic and operational administration of retirement programs, ensuring compliance and a high-quality experience for employees and retirees.
Health CareMedical DeviceTechnical Support
Responsibilities
Manage day-to-day operations of multiple retirement plans including 401(k), pension, and non-qualified deferred compensation plans
Ensure compliance with ERISA, IRS, DOL, and other regulatory requirements
Lead vendor relationships with recordkeepers, actuaries, and consultants to ensure service excellence and plan integrity
Oversee benefit calculations, retirement processing, and participant communications
Collaborate with Payroll and HRIS teams to ensure data accuracy and timely reporting
Monitor legislative changes and recommend plan updates or process improvements
Support internal and external audits, including preparation of Form 5500 and other filings
Develop and maintain plan documentation, SOPs, and employee-facing resources
Provide guidance and education to employees regarding retirement benefits and planning
Oversee third-party vendors for recordkeeping, administration, and investment services
Collaborate with HR and Finance to implement plan updates and enhancements
Educate employees on retirement benefits through communications and events
Support cross-functional benefits initiatives and executive compensation programs
Contribute to Total Rewards strategy and initiatives, including retirement readiness and financial wellness
Qualification
Required
Bachelor's degree required with a focus in Human Resources, Finance, Business Administration, or related field preferred
Minimum 6 years of experience in retirement plan administration required with at least 2 years in a leadership or senior specialist role required
Strong understanding of retirement plan regulations and compliance required
Proficiency in Microsoft Office Suite with advanced Microsoft Excel skills required
Excellent communication, analytical, and project management skills required
Preferred
Experience with Workday or similar HRIS platforms
Compensation Plans
Finance
Payroll
Plan Management
Benefits
Annual Bonus
Potential Discretionary LTI Bonus
Medical coverage
Health Savings Accounts
Flexible Spending Accounts
Dental coverage
Vision coverage
Hospital Care Insurance
Critical Illness Insurance
Accidental Injury Insurance
Life and AD&D insurance
Short-term disability coverage
Long-term disability insurance
Long-term care with life insurance
Anxiety management program
Wellness incentives
Sleep improvement program
Diabetes management program
Virtual physical therapy
Emotional/mental health support programs
Weight management programs
Gastrointestinal health program
Substance use management program
Musculoskeletal surgery, cancer treatment, and bariatric surgery benefit
BD 401(k) Plan
BD Deferred Compensation and Restoration Plan
529 College Savings Plan
Financial counseling
Baxter Credit Union (BCU)
Daily Pay
College financial aid and application guidance
Paid time off (PTO), including all required State leaves
Educational assistance/tuition reimbursement
MetLife Legal Plan
Group auto and home insurance
Pet insurance
Commuter benefits
Discounts on products and services
Academic Achievement Scholarship
Service Recognition Awards
Employer matching donation
Workplace accommodations
Adoption assistance
Backup day care and eldercare
Support for neurodivergent adults, children, and caregivers
Caregiving assistance for elderly and special needs individuals
Employee Assistance Program (EAP)
Paid Parental Leave
Support for fertility, birthing, postpartum, and age-related hormonal changes
Bereavement leaves
Military leave
Personal leave
Family and Medical Leave (FML)
Jury and Witness Duty Leave
Company
BD helps advance clinical therapy with the process for patients and health care providers with innovative technology services and solutions.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$540MKey Investors
Steris
2023-08-02Post Ipo Equity· $540M
1962-04-23IPO
Leadership Team
Tom Polen
Chairman, CEO and President
Maureen Mazurek
Chief Sustainability and EHS Officer
Recent News
2026-01-16
Med-Tech Insights
2026-01-16
Pharmaceutical Technology
2026-01-16
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