Trust Administrator Salary

Trust Administrators in the United States can expect to earn an average of $53K per year. In the world of Trust Administrators, overall cash allowance can occasionally include more than $10K from bonuses and, in some exceptional cases, $6K from profit sharing, causing incomes to vary widely between $35K and $87K. The most influential factor affecting pay for this group is residence, though experience level and the particular employer have a (lesser) impact as well. Medical benefits are awarded to a large number, and a fair number earn dental coverage. There are more female Trust Administrators who answered the questionnaire than male, making up 63 percent. The majority of workers are highly satisfied with their job. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$35,602 - $83,215
(Median)
$36K
$53K
$83K
MEDIAN: $53,250
10%
50%
90%

Add this chart to your site: 640px    300px

$13.91 - $45.30
(Median)
$14
$25
$45
MEDIAN: $25.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$35,602 - $83,215  
   
Bonus
$0.00 - $10,137  
Profit Sharing
$193.92 - $6,219  
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).
)
$35,348 - $86,780  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 208
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$13.91 - $45.30  
   
Overtime
$1.53 - $44.04  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$0.00 - $10,137  
   
Profit Sharing
$193.92 - $6,219  
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).
)
$35,348 - $86,780  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 28
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Trust Administrator

When families or organizations (such as charities) are in possession of large amounts of money, one option to protect those assets is to establish a trust through a financial institution. The institution is charged with investing and disbursing money in the trust as instructed by the original signatories. The person who oversees this activity is a trust administrator.

Read More...

Trust Administrator Tasks

  • Process and review legal and financial paperwork associated with trust fund accounts.
  • Provide customer service to clients, resolve client problems, and report the status of accounts.
  • Manage and set up the accounts associated with trust funds.
  • Ensure trust fund accounts comply with bank and government regulations.

Common Career Paths for Trust Administrator


Add this chart to your site:   640px 640px    300px 300px


Many Trust Administrators advance their careers by becoming Trust Officers, who report a slightly higher median income of $61K.

Trust Administrator Job Listings

Search for more jobs:

Popular Employer Salaries for Trust Administrator


The consistently lowest paying firm is The Bank of New York Mellon Corporation (BNY Mellon), where the median salary is just $36K. There isn't much variation there, either; the pay scale ranges only from $32K to $81K.


Pay by Experience Level for Trust Administrator

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


Trust Administrators with a lot of experience tend to enjoy higher earnings. The average inexperienced worker earns $48K, and someone who has worked for five to 10 years can expect a bigger median salary of $58K. Trust Administrators who work for 10 to 20 years in their occupation tend to earn about $72K. Trust Administrators who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $82K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Trust Administrator Salaries

Late-Career
up arrow 49%

Experienced
up arrow 32%

Mid-Career
up arrow 6%

National Average
$55,000

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
63 %
Male
38 %

Years of Experience

Less than 1 year
5%
1-4 years
36%
5-9 years
29%
10-19 years
21%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 66%
dental benefits
None: 10%
ADVERTISEMENT