Trust Administrator Salary

Trust Administrators in the United States take home an average $54K per year. Including potential for bonuses and profit sharing — peaking near $10K and $6K, respectively — total cash payment to Trust Administrators can bottom out near $35K or peak near $88K depending on individual performance. This group's pay is mainly influenced by location, followed by the company and experience level. Female Trust Administrators are more common than men among those who completed the survey; more than half (67 percent) are women. A large number enjoy medical while more than half get dental coverage. Vision coverage is also available to the larger part. Most workers in this position report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.

$35,251 - $87,557
$35K
$54K
$88K
MEDIAN: $54,251
10%
50%
90%

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$13.96 - $38.78
$14
$20
$39
MEDIAN: $20.42
10%
50%
90%

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$0$88K
Salary $35,251 - $87,557
Bonus $690 - $10,193
Profit Sharing $0.00 - $6,000
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).
)
$34,922 - $88,169
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 155
Hourly Data $0$49
Hourly Rate $13.96 - $38.78
Overtime $16.54 - $49.18
Annual Data $0$88K
Bonus $690 - $10,193
Profit Sharing $0.00 - $6,000
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).
)
$34,922 - $88,169
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 33

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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It doesn't happen often, but some Trust Administrators do move on to become Trust Officers. The average pay for that role is slightly higher at $62K per year.

Trust Administrator Job Listings

Popular Employer Salaries for Trust Administrator


The biggest paychecks can be found at Wells Fargo Bank — the median salary there is $73K.

Pay by Experience Level for Trust Administrator

Pay by Experience for a Trust Administrator has a positive trend. An entry-level Trust Administrator with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 118 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Trust Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 40 salaries. An experienced Trust Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 36 salaries. A Trust Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $78,000 based on 15 salaries.

Related Job Salaries

Key Stats for Trust Administrator

Gender

Female
67 %
Male
33 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
Less than 1 year
8%
1-4 years
49%
5-9 years
17%
10-19 years
18%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Trust Administrator Salaries

Late-Career
▲46%

Experienced
▲31%

Mid-Career
▲3%

National Average
$54,000

▼9%

Skills That Affect Trust Administrator Salaries

Account Management
▲8%

National Average
$54,000

Investment Management
▼17%

Microsoft Excel
▼33%

Job Satisfaction

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

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
8%
1-4 years
49%
5-9 years
17%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 69%
vision benefits
Vision: 57%
no benefits
None: 13%
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