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Trust Administrator Salary

The average Trust Administrator in the United States earns approximately $53K annually. Total incomes of Trust Administrators incorporate potential for, in a few cases, more than $10K from bonuses and close to $16K from profit sharing; these performance components cause packages to range between $35K and $87K. While years of experience and the individual firm impact pay for this group, residence is the most influential factor. The majority of Trust Administrators (62 percent) who took the survey are women. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. The majority of workers are highly satisfied with their job. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$35,321 - $85,596
(Median)
$35K
$53K
$86K
MEDIAN: $52,668
10%
50%
90%

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$13.70 - $40.85
(Median)
$14
$22
$41
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$29K$58K$87K
Salary
$35,321 - $85,596  
   
Bonus
$0.00 - $10,149  
Profit Sharing
$-0.50 - $15,659  
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).
)
$35,019 - $86,676  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 187
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$15$30$45
Hourly Rate
$13.70 - $40.85  
   
Overtime
$21.25 - $33.71  
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$30K$60K$90K
Bonus
$0.00 - $10,149  
   
Profit Sharing
$-0.50 - $15,659  
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).
)
$35,019 - $86,676  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 26

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

  • 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 advance into a slightly higher-paying Trust Officer position. Average compensation for Trust Officers is $60K.

Trust Administrator Job Listings

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Popular Employer Salaries for Trust Administrator


Offering a median salary of only $36K, The Bank of New York Mellon Corporation (BNY Mellon) gives out the smallest paychecks. Furthermore, the earnings range of $32K to $81K isn't that wide, either.


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 average worker who claims fewer than five years of experience earns around $47K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $58K. For Trust Administrators, 10 to 20 years of experience on the job amounts to an average salary of $72K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $78K.

Related Job Salaries

United States (change)

Experience Affects Trust Administrator Salaries

Late-Career
up arrow 45%

Experienced
up arrow 35%

Mid-Career
up arrow 9%

National Average
$53,000

Entry-Level
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
6%
1-4 years
31%
5-9 years
29%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 66% employee benefits None: 11%
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