Trust Administrator Salary

Trust Administrators in the United States pull down an average of $52K per year. In the world of Trust Administrators, total cash compensation can vary between $35K and $87K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $13K, respectively. The most influential factor affecting pay for this group is geography, though experience level and the individual firm have a (lesser) impact as well. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Female Trust Administrators survey participants are more prevalent than men — 61 percent of professionals. Job satisfaction is high and work is enjoyable for most Trust Administrators.

$34,898 - $86,794

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$13.59 - $36.28

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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
$34,898 - $86,794  
   
Bonus
$0.00 - $10,149  
Profit Sharing
$100.00 - $13,000  
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).
)
$34,543 - $86,552  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 189
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$15$30$45
Hourly Rate
$13.59 - $36.28  
   
Overtime
$21.63 - $35.00  
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$30K$60K$90K
Bonus
$0.00 - $10,149  
   
Profit Sharing
$100.00 - $13,000  
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).
)
$34,543 - $86,552  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 25
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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.

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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


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Many Trust Administrators move into Trust Officer roles, in which average pay is a slightly higher $61K per year.

Trust Administrator Job Listings

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Popular Employer Salaries for Trust Administrator


Offering only $36K on average, The Bank of New York Mellon Corporation (BNY Mellon) seems to pay the least. Moreover, the pay scale seems pretty narrow there; employees make $32K on the lower end and $67K on the higher end.


Pay by Experience Level for Trust Administrator

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


Trust Administrators with a rich background of experience are typically rewarded with larger paychecks. Salaries for the relatively untried average out to around $46K, but survey participants with five to 10 years of experience earn a significantly higher median of $58K. People with 10 to 20 years of experience make an average of about $71K in this role. Trust Administrators with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $81K.

Related Job Salaries

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Experience Affects Trust Administrator Salaries

Late-Career
up arrow 51%

Experienced
up arrow 32%

Mid-Career
up arrow 9%

National Average
$54,000

Entry-Level
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
5%
1-4 years
32%
5-9 years
29%
10-19 years
22%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 67% employee benefits None: 11%
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