Retirement Plan Specialist Salary (United States)

A Retirement Plan Specialist earns an average salary of $48,232 per year. Experience has a moderate effect on pay for this job. Most people with this job move on to other positions after 20 years in this career. A skill in 401k Plan Administration is associated with high pay for this job.
Retirement Plan Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$35,638 - $71,924
(Median)
36K
48K
59K
72K
MEDIAN: $48,231
10%
50%
75%
90%
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Retirement Plan Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.39 - $26.12
(Median)
14
19
22
26
MEDIAN: $19.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25K$50K$75K
Salary
$35,638 - $71,924  
   
Bonus
$0.00 - $7,950  
Profit Sharing
$900 - $5,128  
Commission
$1,007 - $19,866  
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).
)
$35,234 - $72,856  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 287
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.39 - $26.12  
   
Overtime
$19.84 - $41.55  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $7,950  
   
Commission
$1,007 - $19,866  
Profit Sharing
$900 - $5,128  
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).
)
$35,234 - $72,856  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 70
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Job Description for Retirement Plan Specialist

Retirement plan specialists are in charge of providing effective advice on plan options regarding retirement for individuals. They are responsible for providing sound financial-planning programs to interested parties. In addition, retirement plan specialists develop strong business relationships with individuals who need retirement planning advice, provide forms to customers, and guide people through the entire retirement financing process. These specialists also suggest new ideas for product and service development within their company, as well as research financial issues and recommend new retirement program options.
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Retirement Plan Specialist Tasks
  • Reconcile employee accounts and brokerage summary statements.
  • Determine eligibility for benefits, calculate benefits and payments.
  • Prepare, submit and maintain employee benefit records and documents.
  • Administer employee pension and savings plans, working with plan carriers.
  • Ensure compliance to plan provisions and federal regulations.

Retirement Plan Specialist Job Listings

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Popular Skills for Retirement Plan Specialist

Pay by Experience Level for Retirement Plan Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Denver
up arrow 28%
Los Angeles
up arrow 20%
New York
up arrow 16%
Dallas
up arrow 15%
Atlanta
up arrow 14%
Charlotte
up arrow 11%
National Average
$48,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Retirement Plan Specialist Salaries

National Average
$48,000

Skills That Affect Retirement Plan Specialist Salaries

401k Plan Administration
up arrow 11%
Retirement Plan Administration
0%
National Average
$48,000
Windows Operating System General Use
up arrow 3%
Microsoft Excel
up arrow 4%
Microsoft Office
up arrow 4%
Microsoft Word
up arrow 4%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 101 votes.

Gender

Female
67%
female alumni
 
Male
33%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
26%
10-19 years
29%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 71%
vision benefits Vision: 59% employee benefits None: 14%
Find Out Exactly What You Should Be Paid
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