For Trust Administrators, yearly average wages total $56K annually. With some bonuses approaching $10K and certain profit sharing proceeds approaching $6K, overall incomes of Trust Administrators spread between $35K and $90K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer and experience level. Female Trust Administrators are more common than men among those who completed the survey; more than half (61 percent) are women. The majority of workers are highly satisfied with their job. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to more than half. Participants in PayScale's salary questionnaire provided the particulars of this report.

$36,520 - $89,125
(Median)
$37K
$56K
$89K
MEDIAN: $56,030
10%
50%
90%

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$13.78 - $40.85
(Median)
$14
$20
$41
MEDIAN: $20
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
$36,520 - $89,125  
   
Bonus
$710 - $9,881  
Profit Sharing
$0.00 - $6,153  
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).
)
$34,903 - $89,810  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 154
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
$13.78 - $40.85  
   
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
$710 - $9,881  
   
Profit Sharing
$0.00 - $6,153  
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).
)
$34,903 - $89,810  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 28
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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 $62K on average.

Trust Administrator Job Listings

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Popular Employer Salaries for Trust Administrator


Trust Administrators flock to Wells Fargo Bank for generous paychecks, where average earnings of $85K lead the pack in compensation.

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. Relatively untried employees who have less than five years' experience make $49K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $59K. Trust Administrators claiming one to two decades of experience make an estimated median of $68K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $81K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

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Experience Affects Trust Administrator Salaries

Late-Career
up arrow 47%

Experienced
up arrow 23%

Mid-Career
up arrow 7%

National Average
$55,000


Skills That Affect Trust Administrator Salaries

Account Management
up arrow 6%

National Average
$55,000

Investment Management
up arrow 18%

Microsoft Excel
up arrow 35%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
5%
1-4 years
48%
5-9 years
19%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 67%
medical benefits
Vision: 60%
dental benefits
None: 15%
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