For Trust Administrators, annual average wages total $55K per year. Final cash compensation to Trust Administrators varies from around $35K to approximately $89K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $6K, respectively. This group's pay is mainly influenced by geographic location, followed by the company and tenure. Most Trust Administrators report high levels of job satisfaction. Medical benefits are awarded to a large number, and a majority earn dental coverage. Women make up a slight majority of Trust Administrators (58 percent) survey respondents. This report is based on responses to the PayScale salary survey.

$35,311 - $87,440
$35K
$55K
$87K
MEDIAN: $54,590
10%
50%
90%

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$13.68 - $41.22
$14
$20
$41
MEDIAN: $19.00
10%
50%
90%

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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$30K$60K$90K
Salary
$35,311 - $87,440  
   
Bonus
$689 - $9,635  
Profit Sharing
$0.00 - $5,847  
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).
)
$34,656 - $88,666  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 165
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
$13.68 - $41.22  
   
Overtime
$16.31 - $44.70  
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
$689 - $9,635  
   
Profit Sharing
$0.00 - $5,847  
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).
)
$34,656 - $88,666  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 25

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • Manage and set up the accounts associated with trust funds.
  • Ensure trust fund accounts comply with bank and government regulations.
  • 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.

Common Career Paths for Trust Administrator


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Although it's unusual, some Trust Administrators transition into jobs as Trust Officers. The latter group reports earning a slightly lower median of $62K per year, though.

Trust Administrator Job Listings

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Popular Employer Salaries for Trust Administrator


Those at Wells Fargo Bank can expect to make the most, with the company offering a median salary of $83K.

Pay by Experience Level for Trust Administrator

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Respondents with less than five years' experience take home $49K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $59K. Trust Administrators with one to two decades of relevant experience report an average salary of approximately $70K. Trust Administrators who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $81K.

Related Job Salaries

Key Stats for Trust Administrator

Gender

Female
58 %
Male
42 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
Less than 1 year
6%
1-4 years
49%
5-9 years
18%
10-19 years
18%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Trust Administrator Salaries

Late-Career
up arrow 50%

Experienced
up arrow 30%

Mid-Career
up arrow 9%

National Average
$54,000


Skills That Affect Trust Administrator Salaries

Account Management
up arrow 8%

National Average
$54,000

Investment Management
up arrow 17%

Microsoft Excel
up arrow 33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
6%
1-4 years
49%
5-9 years
18%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 68%
vision benefits
Vision: 57%
dental benefits
None: 13%
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