$52,367
Avg. Salary
$21.43
Avg. Hourly Rate

Average additional compensation:

$2,458

Bonus

$2,456

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Pension Administrator is $21.43 per hour.

The average pay for a Pension Administrator is $52,367 per year.

$14.31
10%
$21.43
50%
$30.17
90%
MEDIAN $21.43
$39k
10%
$52k
50%
$78k
90%
MEDIAN $52,367
$39,361 - $78,399
$39K
$52K
$78K
MEDIAN: $52,367
10%
50%
90%

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$14.31 - $30.17
$14
$21
$30
MEDIAN: $21.43
10%
50%
90%

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$0$79K
Salary $39,361 - $78,399
Bonus $308 - $7,147
Profit Sharing $900 - $4,958
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).
)
$38,524 - $79,567
  • Country: United States
  • Currency: USD
  • Updated: 19 Feb 2019
  • Individuals Reporting: 388
Hourly Data $0$44
Hourly Rate $14.31 - $30.17
Overtime $18.25 - $44.22
Annual Data $0$79K
Bonus $308 - $7,147
Profit Sharing $900 - $4,958
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).
)
$38,524 - $79,567
  • Country: United States
  • Currency: USD
  • Updated: 19 Feb 2019
  • Individuals Reporting: 82

Job Description for Pension Administrator

Pension administrators are responsible for performing needed maintenance and communications related to administering pension plans. They help clients enroll in the pension fund and maintain communication with current clients; this involves helping the client complete an application and answering all questions about how the pension plan works. They generate reports related that answer specific client questions, as well as more generalized reports for other departments regarding the pension plan(s) as a whole. Pension administrators are responsible for helping clients solve issues related to the IRS or other tax concerns. They must have knowledge of all relevant laws and regulations affecting their specific pension plan and its clients. Pension administrators also must maintain a database of client information to quickly and accurately answer client inquiries regarding status and benefit information.

Read More...

Pension Administrator Job Listings

Popular Skills for Pension Administrator


Survey results suggest that Pension Administrators use a fairly large toolkit of professional skills. Most notably, skills in Microsoft Word, Windows Operating System General Use, 401k Plan Administration, and Microsoft Office are correlated to pay that is above average, with boosts between 6 percent and 12 percent. Most people experienced in Microsoft Excel also know 401k Plan Administration and Microsoft Office.

Pay by Experience Level for Pension Administrator

Pay by Experience for a Pension Administrator has a positive trend. An entry-level Pension Administrator with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 107 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Pension Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $54,000 based on 62 salaries. An experienced Pension Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $62,000 based on 77 salaries. A Pension Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 38 salaries.

Pay Difference by Location

-13%

National Average: $52,743

Larger city markers indicate a job is popular in that location.

With a pay rate for Pension Administrators that is 44 percent greater than the national average, Los Angeles offers a comfortable salary for those in this profession. Pension Administrators will also find cushy salaries in San Diego (+13 percent) and New York (+6 percent). Location is a huge contributor to overall pay, with Pension Administrators in Minneapolis earning a whopping 23 percent below the national average. A couple other locations with smaller-than-average paychecks include Atlanta (13 percent lower) and Portland (7 percent lower).

Pension Administrator Reviews

Q: What is it like working as a Pension Administrator?

Pension Administrator in Phoenix:
"Challenging position with lots of learning."
Pros: The ability to grow my skill set and advance in the company
Cons: busy cyclical nature of the work.

Pension Administrator in Tallahassee:
"Retirement readiness."
Pension Administrators change the world for all employees. A passion for helping others makes this job satisfying!

Related Job Salaries

Key Stats for Pension Administrator

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 108 votes.
Less than 1 year
5%
1-4 years
31%
5-9 years
21%
10-19 years
27%
20 years or more
16%

Experience Affects Pension Administrator Salaries

▲34%

▲17%

▲2%

National Average
$53,000

▼13%

Skills That Affect Pension Administrator Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 108 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
5%
1-4 years
31%
5-9 years
21%
10-19 years
27%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 66%
vision benefits
Vision: 53%
no benefits
None: 14%