Retirement Plan Specialist Salary (United States)

A Retirement Plan Specialist earns an average salary of $48,087 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 Total Pay (?
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.
)
$35,396 - $72,025
(Median)
35K
48K
59K
72K
MEDIAN: $48,087
10%
50%
75%
90%
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Retirement Plan Specialist Total Pay (?
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.
)
$14.37 - $26.17
(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
$35,396 - $72,025  
   
Bonus
$0.00 - $7,792  
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).
)
$35,189 - $72,981  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 353
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
$14.37 - $26.17  
   
Overtime
$19.72 - $40.44  
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 - $7,792  
   
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).
)
$35,189 - $72,981  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 353
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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 26%
Los Angeles
up arrow 20%
Dallas
up arrow 16%
New York
up arrow 16%
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%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 106 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
27%
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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