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Trust Administrator Salary

Trust Administrators in the United States take home an average $52K annually. With some bonuses approaching $10K and certain profit sharing proceeds approaching $16K, overall incomes of Trust Administrators spread between $35K and $88K depending on individual performance. The most influential factor affecting pay for this group is geography, though career length and the particular employer have a (lesser) impact as well. Work is enjoyable for Trust Administrators, who typically claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Trust Administrators survey participants are largely women, dominating at 61 percent. Respondents to the PayScale salary survey provided the data for this report.

$35,156 - $86,636
(Median)
$35K
$52K
$87K
MEDIAN: $52,489
10%
50%
90%

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$13.59 - $41.22
(Median)
$14
$22
$41
MEDIAN: $22.00
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$30K$60K$90K
Salary
$35,156 - $86,636  
   
Bonus
$0.00 - $10,161  
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).
)
$34,822 - $88,014  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 190
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
$13.59 - $41.22  
   
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 - $10,161  
   
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).
)
$34,822 - $88,014  
Country: United States | Currency: USD | Updated: 16 May 2015 | 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

  • 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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A lot of Trust Administrators move on to become Trust Officers, that group gets paid a slightly higher $61K on average.

Trust Administrator Job Listings

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Popular Employer Salaries for Trust Administrator


The Bank of New York Mellon Corporation (BNY Mellon) seems to offer the smallest paychecks with a median salary of only $36K. The pay range is quite narrow, too; compensation generally sits between $32K and $67K.


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. Those who have worked for fewer than five years take home a median salary of $47K, and workers with five to 10 years of experience earn a higher $58K on average. Trust Administrators see a median salary of $72K after reaching one to two decades on the job. Trust Administrators with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $79K.

Related Job Salaries

United States (change)

Experience Affects Trust Administrator Salaries

Late-Career
up arrow 48%

Experienced
up arrow 35%

Mid-Career
up arrow 8%

National Average
$53,000

Entry-Level
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
6%
1-4 years
31%
5-9 years
29%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 66% employee benefits None: 12%
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