$52,119
Avg. Salary
$21.55
Avg. Hourly Rate

Average additional compensation:

$2,430

Bonus

$2,250

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Pension Administrator is $21.55 per hour.

The average pay for a Pension Administrator is $52,119 per year.

$14.46
10%
$21.55
50%
$29.99
90%
MEDIAN $21.55
$39k
10%
$52k
50%
$78k
90%
MEDIAN $52,119
$39,232 - $77,805
$39K
$52K
$78K
MEDIAN: $52,119
10%
50%
90%

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$14.46 - $29.99
$14
$22
$30
MEDIAN: $21.55
10%
50%
90%

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$0$78K
Salary $39,232 - $77,805
Bonus $307 - $7,122
Profit Sharing $894 - $4,872
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).
)
$38,551 - $78,554
  • Country: United States
  • Currency: USD
  • Updated: 5 Jan 2019
  • Individuals Reporting: 388
Hourly Data $0$44
Hourly Rate $14.46 - $29.99
Overtime $18.25 - $44.22
Annual Data $0$78K
Bonus $307 - $7,122
Profit Sharing $894 - $4,872
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).
)
$38,551 - $78,554
  • Country: United States
  • Currency: USD
  • Updated: 5 Jan 2019
  • Individuals Reporting: 83

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 Pay By Employer

$0$55K

AON Corporation
9 profiles
$47,256

Towers Watson
7 profiles
$39,627

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

-12%

National Average: $52,491

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 Advice

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

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 110 votes.
Less than 1 year
5%
1-4 years
31%
5-9 years
21%
10-19 years
27%
20 years or more
15%

Experience Affects Pension Administrator Salaries

▲35%

▲18%

▲2%

National Average
$52,000

▼13%

Skills That Affect Pension Administrator Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 110 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
15%

Common Health Benefits

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