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Trust Administrator Salary

Pay for Trust Administrators in the United States sits in the ballpark of $51K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. The majority of Trust Administrators claim high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. The majority of Trust Administrators (67 percent) who took the survey are female. The data for this snapshot was collected from individuals who took PayScale's salary survey.
$34,287 - $88,877
(Median)
$34K
$51K
$89K
MEDIAN: $51,242
10%
50%
90%

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$13.70 - $36.06
(Median)
$14
$21
$36
MEDIAN: $21.00
10%
50%
90%

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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$31K$62K$93K
Salary
$34,287 - $88,877  
   
Bonus
$0.00 - $10,326  
Profit Sharing
$550 - $6,350  
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).
)
$33,977 - $90,765  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 181
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$16$32$48
Hourly Rate
$13.70 - $36.06  
   
Overtime
$11.56 - $35.44  
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$32K$64K$96K
Bonus
$0.00 - $10,326  
   
Profit Sharing
$550 - $6,350  
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).
)
$33,977 - $90,765  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 26
United States (change)

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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Trust Administrators often transition into upper-level roles, like Trust Officer, where average pay is $60K per year.

Trust Administrator Job Listings

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Pay by Experience Level for Trust Administrator

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


Trust Administrators who reported more years of relevant experience also reported higher earnings. The median compensation for relatively untried workers is $46K; in the five-to-10 year group, it's higher at around $56K. Trust Administrators claiming one to two decades of experience make an estimated median of $68K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $76K.

Related Job Salaries

Experience Affects Trust Administrator Salaries

Late-Career
up arrow 47%

Experienced
up arrow 33%

Mid-Career
up arrow 9%

National Average
$51,000

Entry-Level
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 43 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
6%
1-4 years
32%
5-9 years
27%
10-19 years
24%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 13%