Benefits Specialist with 401k Plan Administration Skills Salary

A Benefits Specialist with 401k Plan Administration skills earns an average salary of $51,846 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, pay increases somewhat, but any additional experience does not have a big effect on pay.

$39,833 - $70,978
$40K
$53K
$71K
MEDIAN: $52,532
10%
50%
90%

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$15.63 - $26.70
$16
$20
$27
MEDIAN: $19.74
10%
50%
90%

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$0$70K
Salary $39,833 - $70,978
Bonus $0.00 - $5,757
Profit Sharing $-0.50 - $3,163
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,051 - $69,571
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 194
Hourly Data $0$36
Hourly Rate $15.63 - $26.70
Overtime $23.76 - $36.63
Annual Data $0$69K
Bonus $0.00 - $5,757
Profit Sharing $-0.50 - $3,163
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,051 - $69,571
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 96

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Benefits Specialist Job Listings

Pay by Experience Level for Benefits Specialist

Pay by Experience for a Benefits Specialist has a positive trend. An entry-level Benefits Specialist with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 116 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Benefits Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 67 salaries. An experienced Benefits Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 56 salaries. A Benefits Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $50,000 based on 23 salaries.

Key Stats for Benefits Specialist

Gender

Female
88 %
Male
12 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 83 votes.
Less than 1 year
1%
1-4 years
41%
5-9 years
25%
10-19 years
22%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Benefits Specialist Salaries

Mid-Career
▲3%

Experienced
▲3%

Late-Career
▲1%

National Average
$49,000

Entry-Level
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 83 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
1%
1-4 years
41%
5-9 years
25%
10-19 years
22%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 81%
vision benefits
Vision: 75%
no benefits
None: 13%
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