Director, Retirement Plans (U.S. & Puerto Rico)
Company websiteabbott.com (Abbott, opens in new tab)
Base salary $149,300 to $298,700
Employer-published annual base salary, USD. Advertised base range in Abbott Park, IL
You apply on the employer's own site. Six Figure Work does not handle applications.
- LocationAbbott Park, IL
- WorkplaceWorkplace not stated
- Status at last checkSource accepting applications when checked
- Last checked (1 h ago) · observed since
About this job
JOB DESCRIPTION:
The Director, Retirement Plans is responsible for the strategy, governance, administration, and ongoing evolution of Abbott’s U.S. and Puerto Rico retirement programs, including defined benefit pension plans, defined contribution savings plans, and the Freedom 2 Save student loan program. The role provides strategic leadership for retirement program design, regulatory compliance, vendor management, participant experience, and operational excellence while ensuring programs remain competitive, financially sustainable, and aligned with Abbott’s total rewards philosophy.
The position partners closely with Benefits & Wellness leadership, Finance, Legal, Payroll, M&A, Executive Compensation, Human Resources, and external service providers to deliver retirement programs that support Abbott’s workforce, retirees, and business objectives.
Key Responsibilities
· Lead retirement plan strategy, design, governance, and compliance for U.S. and Puerto Rico retirement programs.
· Monitor legislative, market, and business developments and recommend program enhancements.
· Support audits, actuarial valuations, and retirement plan integration activities related to M&A transactions.
· Lead retirement plan vendor selection processes, including RFPs, contract negotiations, transitions, and implementation activities.
• Oversee administration of defined benefit, defined contribution, and student loan repayment programs.
• Ensure effective plan operations, vendor performance, regulatory compliance, and participant experience.
• Resolve complex administrative, regulatory, and participant matters.
• Manage relationships with external providers, consultants, and key internal stakeholders.
• Serve as the primary retirement subject matter expert, influencing decisions across functions and leadership levels.
• Direct retirement communications, education, and engagement strategies for employees and retirees.
• Lead and develop the retirement plans team while driving continuous improvement and operational excellence.
• Oversee retirement program financial performance, pension funding activities, budgets, and risk management controls.
• Responsible for retirement programs supporting approximately 42,000 U.S. employees, 1,500 Puerto Rico employees, and 38,000 retirees.
• Oversees defined contribution plans with approximately $19 billion in assets and defined benefit plans with approximately $7.5 billion in projected benefit obligations.
• Reports to the Divisional Vice President, Benefits & Wellness and leads a team of two direct reports.
• Influences retirement strategy and decision-making across multiple functions, business units, and leadership levels.
Qualifications & Experience
• Bachelor’s degree required; advanced degree and/or relevant professional certification preferred.
• 10+ years of progressive experience in retirement, benefits, or related fields, including leadership responsibility in a large, complex organization.
• Experience managing retirement programs within a large corporate environment; Fortune 500 experience preferred.
• Demonstrated experience managing retirement programs, external vendors, consultants, and cross-functional stakeholder relationships.
• Experience leading retirement plan vendor evaluations, RFPs, implementations, and ongoing governance processes.
• Experience supporting retirement-related aspects of mergers, acquisitions, divestitures, integrations, or other significant organizational changes.
• Strong knowledge of defined benefit and defined contribution plans, including applicable U.S. and Puerto Rico regulatory requirements.
• Proven analytical, project management, communication, and influencing skills, with the ability to lead complex initiatives and engage senior leader
Acts as a strategic leader who balances participant experience, compliance, governance, operational excellence, and financial stewardship.
Builds trusted partnerships across the organization, drives continuous improvement, and develops high-performing teams while advancing Abbott’s retirement strategy and long-term workforce objectives.
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
- Training and career development, with onboarding programs for new employees and tuition assistance
- Financial security through competitive compensation, incentives and retirement plans
- Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
- Paid time off
- 401(k) retirement savings with a generous company match
- The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$149,300.00 – $298,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Compensation & BenefitsDIVISION:
CHR Corporate Human ResourcesLOCATION:
United States > Abbott Park : AP06BADDITIONAL LOCATIONS:
WORK SHIFT:
StandardTRAVEL:
Not specifiedMEDICAL SURVEILLANCE:
Not ApplicableSIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdfEEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdfSource: Abbott on Workday · View original posting (opens in new tab)
Pay in context
This role's base floor ($149,300) is above 73% of the 49 HR & Recruiting roles in Illinois listed on this site. Their median floor is $128,470; the middle half runs from $114,500 to $149,300.
Only jobs on this site count, and each one publishes a base salary of $100,000 or more, so this compares six-figure jobs with each other, not with the whole market. Computed Nov 8, 2026.
This listingDirector, Retirement Plans (U.S. & Puerto Rico)$149,300 to $298,700
Engineering Director, Preanalytics Solutions$149,300 to $298,700
IT Director, Data & AI Architecture$149,300 to $298,700
Director, Marketing$149,300 to $298,700
Director Supply Chain$149,300 to $298,700
Director, Distributor Strategy - Toxicology$149,300 to $298,700
Global Product Leader, AlinIQ® Sample Management (Indexor)$149,300 to $298,700
Chart as a table
| Role | Published base |
|---|---|
| Director, Retirement Plans (U.S. & Puerto Rico) (this listing) | $149,300 - $298,700 |
| Engineering Director, Preanalytics Solutions | $149,300 - $298,700 |
| IT Director, Data & AI Architecture | $149,300 - $298,700 |
| Director, Marketing | $149,300 - $298,700 |
| Director Supply Chain | $149,300 - $298,700 |
| Director, Distributor Strategy - Toxicology | $149,300 - $298,700 |
| Global Product Leader, AlinIQ® Sample Management (Indexor) | $149,300 - $298,700 |
Observed changes
- First observed on the employer's board
- Began meeting the published-salary criteria
- Observed since
- Employer-stated posting date
- 2026-11-02
Where this pay comes from
Location as the employer wrote it: United States - Illinois - Abbott Park
$149,300.00 – $298,700.00
- Method
- Employer text, read with fixed rules and re-verified
- Checked
- Rule set
- us-base-v2
The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.
What we verified
- The pay figures come from the employer's own listing, quoted exactly above.
- The pay is an annual base salary in US dollars with a minimum of at least $100,000.
- The role was publicly listed on the employer's job board when last checked.
We do not verify what the employer will actually offer, whether the employer is still recruiting for the role, or anything beyond what the employer published. Full methodology.